- Menzies considering expansion in Gulf, Syria and US markets
- Company recorded 31pc year-on-year revenue increase to $908m in Q2
- Workforce of 65,000 employees with continued hiring
- SAF production at 2.4m tonnes representing 0.8pc of aviation fuel use
- Over 90pc of Gulf airlines’ route networks restored to prewar levels
Menzies Aviation is planning expansion in the Gulf and US while the Syrian market remains of interest, as the airport ground handler aims to sustain aggressive growth despite Iran war-related travel disruptions and higher costs. The aviation services company, with a regional office in Dubai, is keen to serve airports in the UAE and Saudi Arabia, which has a very fast-growing and dynamic market. Kuwait is also a potential future market after Menzies concluded operations at Kuwait International Airport when its contract expired in January.
The company is considering opportunities in Syria as the country reconnects with global travel and financial markets, with the economics and legalities of the market under review. Menzies aims to grow further in the US, where it has doubled its footprint in the last two years to serve 108 airports, following its $305m acquisition of Texas-based G2 Secure Staff completed in August 2025. London-based Menzies, part of UAE’s Agility Global, provides ground handling, aircraft fuelling, cargo and lounge services at nearly 350 airports in 65 countries.
The company recorded a 31pc year-on-year increase in second-quarter revenue to $908m, driven by contribution from G2, new contract wins and better yield despite geopolitical disruptions. The Iran war has exerted push-pull forces on the aviation industry, with travel demand high but jet fuel costs soaring. SAF production remains far below demand at approximately 2.4m tonnes in 2026, representing just 0.8pc of aviation fuel use at a cost to airlines of $4.3bn.
