JOHN MENZIES PLC
UK CARGO RE-STRUCTURE
16 July 2012
Menzies Aviation (Menzies), the aviation services subsidiary of John Menzies
plc, today announces a re-structuring of its UK cargo business.
Menzies will focus its UK cargo business on its London Heathrow operations,
together with smaller operations in Aberdeen and Belfast, and exit its cargo
operations at Glasgow, Birmingham, East Midlands and Manchester airports. This
restructuring, which will result in an exceptional write off of up to £3m, is
expected to be completed by the end of August 2012 and will return the UK cargo
business to profitability.
For further information:
Paul Dollman, Group Finance Director, John Menzies plc +44 131 459 8018
John Geddes, Group Company Secretary, John Menzies plc +44 131 459 8180
Jonathan Brill/Alex Beagley, FTI Consulting +44 207 831 3113