12/04/23
Menzies Aviation signs Subscription Agreement with TAP Air Portugal and Groundforce Portugal’s Insolvency Estate to subscribe a 50.1% stake in Groundforce
Menzies aviation, the leading service partner to the world’s airports and airlines, today signed a Subscription Agreement with TAP Air Portugal and Groundforce Portugal to acquire a controlling stake of 50.1% in Groundforce, the airline’s aviation services arm. The agreement is a decisive step towards the recovery of Groundforce, reinforcing the confidence of all its […]