We serve around 40 million passengers each year through our aviation services
We are one the UK’s largest independent cargo handlers, ground handlers and car parking operators. The division operates from 15 airports and services major airline operators such as British Airways, Virgin and bmi.
2009 Aviation Services highlights
- Operating loss* of £4.5m
- Difficult trading conditions
- Ongoing restructuring plans
Our aviation services brands
Financial highlights
| 2009 | 2008 | |
|---|---|---|
| Revenue (£m) | 209.4 | 263.0 |
| Operating (loss)/profit* (£m) | (4.5) | 1.5 |
| Margin | (2.1)% | 0.6% |
| Revenue growth | ||
| Ground handling | (15.1)% | 12.7% |
| Cargo | (14.9)% | 4.2% |
| Meteor | (36.0)% | 4.0% |
| Volume growth | ||
| Ground handling – aircraft turnarounds | (14.4)% | 13.4% |
| Cargo – tonnes | (19.0)% | 4.7% |
| Meteor – parking transactions | (11.4)% | 9.7% |
- *Before amortisation and exceptional items.
Revenue by operating activity
| 2009 (£m) | 2008 (£m) | |
|---|---|---|
| Ground handling | 127.4 | 150.0 |
| Cargo | 39.1 | 45.9 |
| Meteor | 42.9 | 67.1 |
| Total | 209.4 | 263.0 |
