{"id":188990,"date":"2025-04-17T00:49:12","date_gmt":"2025-04-17T00:49:12","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/menzies-aviation-to-buy-aviation-service-partner-g2-for-305m\/"},"modified":"2025-04-17T00:49:12","modified_gmt":"2025-04-17T00:49:12","slug":"menzies-aviation-to-buy-aviation-service-partner-g2-for-305m","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=188990","title":{"rendered":"Menzies Aviation to buy aviation service partner G2 for $305m"},"content":{"rendered":"


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Post-acquisition, G2 will rebrand as Menzies and implement training, safety protocols, and sustainability initiatives at its new locations. Credit: Menzies Aviation Limited.<\/figcaption><\/figure>\n<\/p><\/div>\n

Menzies Aviation, part of Agility Global, has reached an agreement to acquire G2, a US-based service partner for major airlines, for $305m.<\/p>\n

Upon completion of the transaction, Menzies will manage operations at more than 340 airports across 65 countries, supported by a workforce of 65,000 personnel.<\/p>\n

G2, established in 2005, is specialised in passenger assistance, cabin cleaning, and ground and air cargo handling at major airline hubs.<\/p>\n

The acquisition will encompass the entire G2 business, which employs nearly 20,000 staff across more than 100 US airports.<\/p>\n

G2 CEO Julie Gostic said: \u201cWe\u2019re proud to be joining Menzies Aviation, the global leader in aviation services, and entering an exciting new era of growth.<\/p>\n

\u201cI look forward to building on our reputation for consistency and high-quality standards while also maintaining a close relationship with our customers, who can expect to see the same level of premium service.\u201d<\/p>\n

Following the acquisition, G2 will undergo rebranding as Menzies, with plans to implement training, safety protocols, sustainability initiatives, and advanced technology across its new operational locations.<\/p>\n

The deal is projected to increase Menzies\u2019 group revenue by 20%, reaching over $3.1bn based on fiscal year 2024 estimates.<\/p>\n

Menzies Aviation Americas executive vice president John Redmond said: \u201cThis acquisition is a key milestone in our longer-term value creation strategy.<\/p>\n

\u201cWe are already the global industry leader in terms of countries, airports and aircraft turns and this transaction will expand our footprint to 340 airports worldwide.\u201d<\/p>\n

The transaction is pending regulatory approvals and is anticipated to conclude in June this year.<\/p>\n

In February this year, Menzies Aviation launched a new domestic cargo terminal<\/a> at Kempegowda International Airport in Bengaluru, India, in collaboration with Bangalore International Airport (BIAL).<\/p>\n

The facility aims to meet the increasing demand for airfreight services, featuring advanced technology and sustainable design.<\/p>\n

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