NAS to acquire majority stake in Siginon Aviation

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National Aviation Services (NAS) is set to acquire a 51% stake in Siginon Aviation, a subsidiary of Siginon Group Ltd.

According to the firm, a combination of NAS’s global presence and expertise in airport services with Siginon’s experience in Kenya will successfully strengthen the ground handling, ramp handling and cargo handling capabilities in the region.

“During the pandemic, our cargo services came to the forefront by keeping crucial supply chains flowing uninterrupted. With this growing demand, we expanded our focus on cargo management in Africa and the partnership with Siginon Aviation is indeed timely,” Hassan El-Houry, Group CEO of NAS said

In the last decade, Siginon Aviation has enhanced its ground handling capacity with several upgrades including relaunching its operations in a state-of-the-art air cargo terminal and acquisition of ramp equipment to boost its operations in JKIA, Nairobi.

Through this partnership, NAS has expanded its presence in Africa with two airports in Kenya – Nairobi and Eldoret. This adds to NAS’s growing network in Africa and strengthens its presence in the region.

In the last year despite the challenges posed by the Covid crisis, NAS successfully launched operations in 14 airports across South Africa, DRC, Guinea Bissau and Zambia.

With its expansion, NAS remains committed to both existing as well as new operations. Present in over 55 airports across Africa, the Middle East and South Asia, NAS provides ground-handling services to over 100 airlines globally.

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