SAHCO targets UAE expansion after posting N12 billion pre-tax profit
By Aboki Forex —
Skyway Aviation Handling Company (SAHCO) Plc has announced plans to enter the United Arab Emirates (UAE) and other African markets. The company wants to transform from a domestic aviation services provider into a regional aviation and logistics operator.
The expansion plan was disclosed at the company’s 16th Annual General Meeting (AGM). It is part of SAHCO’s long-term strategy to deepen its international footprint, diversify revenue streams, and tap into the fast-growing global aviation industry.
Chairman of the company, Dr. Taiwo Afolabi, said the move would position SAHCO as a leading aviation ground handling and logistics services provider across Africa and beyond. He noted that the company plans to use its extensive experience in Nigeria’s aviation sector to establish a presence in strategic international markets, especially in Africa and the Middle East.
Speaking at the AGM, Afolabi said the growth strategy is aimed at strengthening regional and international competitiveness while creating new earnings sources. “The strategy is aimed at strengthening our regional and international footprint, diversifying revenue streams, and leveraging opportunities in the growing aviation industry,” he said.
The chairman added that SAHCO wants to build on its dominant domestic position and extend operations beyond Nigeria’s borders. He said the company remains focused on operational excellence, customer satisfaction, and strategic expansion despite the challenging business environment.
“The 2025 financial performance reflects the resilience of our business model, the commitment of our workforce, and our unwavering focus on operational excellence, customer satisfaction, and strategic expansion,” Afolabi added. He stated that the results show SAHCO’s ability to navigate a difficult operating environment while delivering value to shareholders.
SAHCO’s expansion drive comes as the company continues to consolidate its market share in Nigeria’s aviation ground handling industry. It remains the only aviation ground handling firm with operational presence across all commercial airports in Nigeria, giving it a unique nationwide footprint.