JOHN Menzies has won a contract to provide services for Wizz Air amid tough conditions in the sector.
Edinburgh-based John Menzies has been engaged to provide ground-handling services for Wizz Air at Oslo Gardermoen Airport.
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The value of the five-year deal was not disclosed. However, John Menzies noted the potential for the contract to generate significant amounts of work.
The company said: “When flight volumes at the airport recover it is expected that this contract will represent 5,000 turns per annum, as Wizz Air looks to grow its presence in the Norwegian market.”
The contract win provided a vote of confidence for John Menzies from a valuable client. The company already provides services for Wizz Air at airports in countries ranging from the UK to the Czech Republic.
Last month John Menzies posted a £120.5 million pre-tax loss for 2020, which it said reflected the severe impact of passenger travel restrictions imposed in response to the Covid-19 pandemic. The company said then it had responded by right-sizing operations and headcount in line with reduced volume.
READ MORE: John Menzies cuts jobs amid hopes of vaccine boost for aviation sector
It anticipated there would be a slow recovery from the current quarter with a more sustained upturn in the second half.
Shares in John Menzies closed up 6p at 337p yesterday.
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