Menzies To Exit Cargo Business At 4 UK Airports
John Menzies said its aviation services arm would shut cargo operations at four airports in the UK by next month and take a related charge of GBP£3 million.
Menzies Aviation would exit its cargo operations at Glasgow, Birmingham, East Midlands and Manchester airports, to return its UK cargo business to profitability, John Menzies said.
The aviation services subsidiary would focus on its cargo business at London Heathrow, Aberdeen and Belfast.
In March, John Menzies, said its aviation business had overtaken its core newspapers and magazine distribution business in the UK in terms of profit and cash contribution.