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SAHCOL invests N450m in equipment acquisition

THE outgoing Managing Director of Skyway Aviation Handling Company (SAHCOL), Mr. Isaac Orolugbagbe said that the company has so far invested N457million in equipment acquisition in 2011 to meet the rising demands of its customers for efficient and quality ground handling services.He disclosed this while addressing aviation correspondent at the Presidential Wing of the Muritala Mohammed International Airport in Lagos and also presented the new Managing Director and Chief Executive Officer of the company, Mr Olu Owolabi to journalist. Orolugbagbe who said that he was being seconded to the head office of the Sifax Group, the owner of SAHCOL, noted that the company has recorded tremendous achievements since the post privatization year in 2010. One of the achievements was the addition of the world largest airline, United and Continental to its growing lists of clientele.

This, he attributed to the quality service being provided and the acquisition of the state-of-the-art equipment deployed to provide seamless services. He said with the coming into SAHCOL of Mr Owolabi who some years ago conceived the idea of establishing a separate ground handling out of the then Nigeria Airways called Sky power Aviation Handling Company which has today transformed into Skyway Aviation Handling Company after privatization, the new company would definitely be listed in the Nigerian Stock Exchange market within the next three years.

Orolugbagbe noted that there was no business without its hiccups, but what mattered most was how those charged with the administration of the business were able to handle such difficulties and still post profits.

He however refused to disclose the profits made by the company in 2011 but remarked “It was excellent performance”. SAHCOL, he said had stablished one of the best training school in the region for 'its workforce and hoped that in no distant future the International Air Transport Association(IATA) would be coming to carry out an Audit of the company otherwise known as ISEGO so as to increase the safety capability of the company and further cement the confidence of the customers.

He therefore solicited support of the staff and management for the new managing director so as to take the company to greater heights in aviation business and that it was hoped that shortly the company would venture into establishing a cargo airline to expand the horizon of its investments in aviation business.

The new Managing Director, Mr Olu Owolabi commended the out-going chief executive officer having laid good foundation for the privatized company.

While soliciting for the support of the media for their continued understanding to project the company in good light, he assured that he was going to add value to the good foundation already established by his predecessor and take genuine criticisms by the press in good faith.

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