Menzies Aviation enters Bulgarian air cargo market

Menzies Aviation, the leading service provider to airports and airlines, has expanded its presence in the Balkans by agreeing to buy a majority stake in Cargo Handling Services (CHS) at Sofia International Airport (SOF) in Bulgaria.

The joint venture increases Menzies Aviation’s footprint in Europe to 50 airports in 17 countries, says an official release.

Established in 2016, CHS provides a range of cargo services at SOF including warehousing, import and export handling, mail handling and temperature-controlled storage, the release said. "CHS will benefit from being part of Menzies’ global network and will transition to the Menzies brand and its best-in-class standards and systems."

SOF is located five km from the centre of Bulgaria’s capital and largest city, and is the biggest international airport in the country with scheduled connections to all major European business centres, serving 21 airlines.

“CHS is a well-regarded cargo provider at Sofia Airport, which has potential for significant growth," says Miguel Gomez Sjunnesson, Executive Vice President, Europe, Menzies Aviation. "Strategically, this investment supports our ambitions to accelerate growth by expanding our air cargo business and entering emerging aviation markets. We’re looking forward to working with our new partners, and, in the long-term, increasing our market share at Sofia Airport.”

Tim Buisseret, Commercial Director, British Embassy, Sofia adds: “We are delighted that Menzies Aviation has expanded their presence to Bulgaria, and we look forward to supporting them to develop their business. Bulgaria has great long-term prospects, Sofia is a key strategic location, and I’m sure that Menzies will succeed here.”