NAHCO, the company which handles about 70% of domestic and foreign airlines operating in Nigeria, also recorded a major breakthrough as it handled 3,600 cargo flights in the preceding year, a statement from chairman to shareholders said.
Put together the company recorded 31,122 flights in 2013 which was an improvement on the 30, 134 flights recorded in 2012, it said. “NAHCO, which will hold its Annual General Meeting (AGM) this Friday in Abuja, is the largest and most successful ground handler in sub-Saharan Africa. It serves about 40 of the 45 international flights that arrive daily into the country,” the statement said.
The company also handled 1,532 149 outbound passengers and 1,455,042 inbound passengers in 2013. Breaking down the passenger flights by states, the statement said it handled 16,526 passenger flights in both Local and International wings of the Murtala Airport in Lagos.
It said NAHCO recorded 4,412 in Abuja, 817 in Kano, 3,389 in Port Harcourt, 479 in Kaduna, 1,525 in Uyo, 78 and Enugu. NAHCO has also recorded a significant stride in the area of cargo flights handled in 2013, the statement said. In total, NAHCO handled 3,600 cargo flights, with Lagos topping the pack with 2,943, while Abuja recorded 225, Port Harcourt 389 and Kano 43 last year.
The statement also said the company’s total asset has grown by 25 per cent from N11.162billion in 2012 to N13.994billion in 2013. “Our result shows that we are making progress and we expect this trend to continue,” the statement added.
It said that in 2014, the company will review its five-year strategic plan that will define its future trajectory of growth and expansion. NAHCO chairman Suleiman Yahyah had said that his company will remain consistent in developing its footprint in West Africa.
NAHCO Aviance Plc is an African diversified group with interests in aviation cargo, aircraft handling, crew, passenger transportation and service delivery among others.