SAHCO targets UAE expansion after posting N12 billion pre-tax profit

Date:

By Abubakar Yunusa

Skyway Aviation Handling Company (SAHCO) Plc has unveiled plans to expand into the United Arab Emirates (UAE) and other African markets as it seeks to transform from a domestic aviation services provider into a regional aviation and logistics operator.
The expansion plan, disclosed at the company’s 16th Annual General Meeting (AGM), forms part of SAHCO’s long-term strategy to deepen its international footprint, diversify revenue streams, and tap opportunities in the fast-growing global aviation industry.
Chairman of the company, Dr. Taiwo Afolabi, said the proposed expansion would position SAHCO as a leading aviation ground handling and logistics services provider across Africa and beyond.
According to him, the company is looking to leverage its extensive experience in Nigeria’s aviation sector to establish a presence in strategic international markets, particularly in Africa and the Middle East.
Speaking at the AGM, Afolabi said the company’s growth strategy is aimed at strengthening its regional and international competitiveness while creating new sources of earnings.
“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 noted that SAHCO’s ambition is to build on its dominant domestic position and extend its operational capabilities beyond Nigeria’s borders.
According to him, 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 further stated that the results underscore SAHCO’s ability to navigate a difficult operating environment while continuing to deliver value to shareholders.

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