Management Agreement in Nigeria

Neu-Isenburg -- LSG Sky Chefs announced today that the company has entered into a Management Services Agreement with Airline Services and Logistics Plc (ASL), a Nigerian company operating out of Murtala Mohammed International Airport Lagos and Nnamdi Azkiwe International Airport Abuja.

ASL is the only caterer at these two international airports delivering to a number of international and domestic airlines, among which is BA, China Southern, Delta, Emirates, Ethiopian, Iberia, KLM, Qatar, SAA, Virgin Atlantic and Virgin Nigeria. Under the new agreement, LSG Sky Chefs will assign a management team to support and secure the ASL operations.

"Nigeria is one of the most attractive markets on the African continent for two main reasons," said Silvio Canettoli, LSG Sky Chefs' RCOO Mediterranean and Africa. "First, it is among the key strategic African markets due to its size. Second, our market entry in Western Africa increases our chances, to further develop our presence in this region."

LSG Sky Chefs is the world’s largest provider of in-flight services. These include airline catering, in-flight equipment and logistics as well as the management of onboard service and in-flight retail. The group is also the industry leading expert in managing the complete in-flight service supply chain for several airlines. LSG Sky Chefs partners with more than 300 airlines worldwide and operates some 200 customer service centers in 49 countries, producing around 427 million airline meals a year. In 2008, the companies belonging to LSG Sky Chefs Group achieved consolidated revenues of € 2.3 billion.