Ground handling areement
Menzies signs JV deal with Oman Air
The companies have signed a Memorandum of Understanding confirming their intention to work together. They will now enter a period of due diligence and focus on regulatory requirements, with the aim of forming the joint venture in the last quarter of this year.
The move is the latest step by Oman Air towards reconfiguring its handling businesses. The joint venture will offer ground handling at nine airports across Oman, including Oman Air’s key hub operation in Muscat. The venture will employee some 2,500 people and handle more than 50,000 aircraft turnarounds per annum.
Forsyth Black, president and managing director at Menzies Aviation, said: “We’re very excited by the opportunity to work with Oman Air.
`”This venture represents real progress against our strategy by securing a hub location and by expanding in emerging markets. There is a great tradition of co-operation between British and Omani partners; we hope to add this new joint venture to that list.”
Oman Air’s chief executive Paul Gregorowitsch, commented: “Our partnership will enable us to access new technology, improve training and achieve the highest standards with regard to ground handling operations.”