Multiple contracts see SAHCO's revenue rise to 74.8% in 2024

Skyway Aviation Handling Company (SAHCO) PLC experienced a remarkable financial turnaround, with a 74.8% increase in revenue for the period ending December 2024, compared to the previous year.

The huge success was recorded amid multiple contacts and renewals it secured in 2024 under the leadership of Adenike Aboderin, its Managing Director and CEO.

Company records show that Aboderin’s tenure has been marked by a significant boost in operational performance and milestones that have strengthened SAHCO’s position as a leading force in Africa’s aviation ground handling sector.

Under Aboderin’s leadership, SAHCO has secured key contracts and renewals, further cementing its reputation in the aviation industry.

The company successfully renewed its ground handling contract with British Airways for five years, underscoring its reputation for quality service.

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Furthermore, SAHCO signed a 5-year ground handling agreement with South African Airways and strengthened partnerships with other major carriers, including Bristow Airlines, Value Jet, Ibom Air, Green Africa, and Air Cote D’Ivoire.

Additionally, SAHCO expanded its footprint by securing the Air Peace London route, Ibom Air’s regional operations to Accra, and Uganda Airlines’ extended services to Abuja.SAHCO further expanded its portfolio by entering the religious tourism sector and securing Hajj handling contracts with Flynas and Umza Air.

The company also secured the full handling contract for Neos Air, reviving the Nigerian-Italian route after nearly two decades. SAHCO’s growth continued with new domestic handling agreements with Umza Aviation, LTT Cargo, and ASTRA Aviation, solidifying its dominance in Nigeria’s aviation industry.

In terms of safety, SAHCO’s commitment to safety and efficiency was widely recognized, with the company receiving multiple awards from British Airways, including the Bronze, Silver, Gold, and Platinum Awards for Safety & Punctuality at the Lagos station, along with a Bronze Award for its Abuja operations. These accolades affirm SAHCO’s dedication to top-tier aviation handling services.SAHCO also set a new standard in operational efficiency, achieving an impressive 37-minute turnaround for an Ethiopian Airlines cargo flight—a record for offloading 37 pallets from a Boeing 777 in under 40 minutes.

Under Aboderin’s, the company has equally prioritized safety and environmental sustainability. SAHCO successfully renewed its IATA Safety Audit for Ground Operations (ISAGO) and RA3 certifications, demonstrating its commitment to industry-leading safety standards.

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.