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Menzies to acquire controlling stake in Groundforce 

Aviation company to have 65% market share in TAP Air Portugal 

Air Cargo Next - AI-assistedbyAir Cargo Next - AI-assisted
April 13, 2023
in Archive
Reading Time: 1 min read
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Menzies Aviation has signed an agreement with TAP Air Portugal and Groundforce’s insolvency estate to acquire a 50.1% stake in Groundforce, the aviation services arm of TAP.   Groundforce operates at five of the busiest airports in Portugal, handling more than 100,000 aircraft turns annually and providing ground and air cargo services to several global airlines.   […]

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Tags: ACNMenzies AviationPremiumTAP Portugal
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