CBN Advert

newscorner

Business news

SAHCO Appoints Odika As Executive Director

No Comments Share:

Skyway Aviation Handling Company (SAHCO) PLC has appointed Herbert Odika as Executive Director, Operations, this was announced during the company’s 13th Annual General Meeting (AGM) held at Marriott Hotel, Ikeja in Lagos.

Herbert Odika is a professional in aviation ground operational management, business development, sales, and marketing. He is a 2001 graduate of business studies from the University of North London. He started his career in the United Kingdom developing skills and experience in business negotiation with proven ability to motivate and influence others, excellent judgement with the ability to implement positive changes and raise performance standards.

After 5 years of working in the United Kingdom, Odika came to Nigeria to assume the office of the Head of Operations and Business Development at FMC Aviation Services Limited where he helped to grow the business from the initial start-up stage to a prosperous period of sustainable growth and profitability from 2011 to 2018. He was responsible for the operational management, finance and budgetary control, administration, and marketing strategies.

In 2018, Odika proceeded to Stansted Airport College in the United Kingdom as the Senior Tutor Aviation Operations to deliver classes, seminars and workshops within the Aviation and tourism landscapes while working closely with the Manchester Airport group.

Afterwards, Herbert Odika assumed the office of the Chief Operating Officer at NAHCO Aviance in 2019 where he was responsible for engaging in business acquisition in Africa, Middle East and Europe while establishing policies that promoted service excellence. He went back to the United Kingdom in 2022 where he worked with Menzies Aviation as the Lost Luggage Coordinator, focusing on Operations, Customer Services, planning and reconciliation duties.

With his new appointment as SAHCO’s Executive Director of Operations, Herbert Odika would oversee the management of the day-to-day operations of the Passenger handling, baggage handling and ramp handling amongst other ground handling activities in all SAHCO’s stations across Nigeria. Odika is a strict adherer to policies and procedures and is skilled in aviation ground handling, especially in accordance with international standards. He is a fellow of the Chartered Institute of Logistics and Transport (CILT) and a Member of the Nigerian Institute of Management (NIM).

By adding Odika to its astute Management team, SAHCO phas proven its determination to maintain its position as an aviation ground handler of reference in Africa by ensuring that the team encompasses of highly skilled aviation professionals of international experience to ensure that the growing list of clienteles are treated to international standards.

SAHCO is an aviation ground handling company that offers Passenger Handling, Baggage Handling, Ramp Handling, Cargo Handling and Warehousing, Aviation security and profiling, Premium Lounge services and other aviation related services.

SAHCO PLC Attributes N11B Generated In 2022 To Staff Commitment And Provision of World Class Services

 

The Skyway Aviation Handling Company (SAHCO) PLC, the leading ground handling company in the country, said it generated a total of N11, 125,330,000.00 as revenue in 2022 as  against  N8, 657,635,000.00 recorded in 2021.

This was made known by the Chairman of SAHCO, Dr. Taiwo Afolabi at the 13th Annual General Meeting (AGM) held  recently at  Marriott Hotel, GRA, Ikeja ,Lagos.

According to Afolabi, the company made a gross profit of N4, 366,047,000.00 in 2022 compared to N3, 806,957,000.00 recorded in 2021.

He further said that,  SAHCO’s assets grew to N29, 218,539,000.00 in 2022 from N24, 607,589,000.00 recorded in 2021.

He attributed the growth achieved  to the commitment of the company’s  workforce and resolve to always offer best aviation ground handling services to its clients across the commercially operated airports in Nigeria.

Speaking, Afolabi disclosed that SAHCO invested N1.846 billion in acquiring more environmentally and eco- friendly electric- powered baggage tow tractors, forklifts among others.

The Chairman also disclosed that SAHCO in the year under review retained 100 per cent of its existing clients, adding that SAHCO also added ValueJet Airlines and Jetwest Airways Limited to the company’s growing clients.

He added that the ground handling company also won contracts to handle additional Air Peace Airlines routes which include Abuja to Uyo, Abuja –Benin and Abuja–Asaba.

The ground handler, he said, also benefited from the increase of flight frequency to 13 flights per day by Ibom Air.

On SHACO’s future plans, Afolabi said that the ground handling  company will continue to provide world class ground services, adding that the company handled 60 per cent of cargo in Nigeria in the year under review and that the momentum will be maintained.

According to him, ‘We are ready to take advantage of every business opportunity available in the ground handling industry including securing new airline contracts.”

On why the  company did not pay more dividend above what it paid in the year in 202, considering the  revenue it  generated in the year under review, Afolabi said that SAHCO would have paid more dividend  but that the company decided  to invest part of its funds into the business to maintain its position.

The Chairman said that during COVID -19 pandemic , the cargo business was affected but that the company had to use alternative strategy to ensure t it remain  in business

Previous Article

World Bank Plans To Boost NEP With $750m

Next Article

FG Established NQC  To End Export Rejection of Nigerian Products – Aboloma

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *