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Completion of Aviation Ground Handling Sale

9th Feb 2010 09:00

RNS Number : 8722G
Go-Ahead Group PLC
09 February 2010
 



GO-AHEAD COMPLETES SALE OF THE MAJORITY OF ITS AVIATION GROUND HANDLING AND CARGO OPERATIONS

 

09 February 2010

 

 

Further to the announcement on 3 December 2009, Go-Ahead confirms the sale of the majority of its aviation ground handling and cargo operations has been completed. The sale consisted of separate agreements under which most of the Group's ground handling and cargo operations at Heathrow were sold to Dnata and most of the Group's ground handling operations outside Heathrow were sold to Servisair UK Limited.

 

As previously announced, Go-Ahead will retain responsibility for a small number of activities at Heathrow, primarily to support remaining ground handling contracts at Terminal 1 into the first half of 2011. Go-Ahead will also continue to operate its Meteor parking business which is not affected by the above transactions.

 

 

ENDS

 

 

For further information, please contact:

 

The Go-Ahead Group

 

Catherine Garland, Group Communications 020 7821 3929

or Relations Manager

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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