Air France-KLM has ended its long-standing contract with Menzies Aviation (formerly Groundforce/SPdH) in Portugal and signed a new agreement with Portway for ground handling and cargo operations.
The strategic switch comes at a pivotal moment, as the Portuguese government enters the final phase of privatizing a 49.9% stake in TAP Air Portugal. Air France-KLM and Lufthansa remain the primary bidders, with a government decision expected in early September 2026.
Strategic Shift and Market Implications
Sector analysts and industry experts point to several key drivers behind the move:
- Protecting Operations: Industry consultant Pedro Castro notes that Air France-KLM may be safeguarding passengers against licensing uncertainties affecting mainland Portuguese airport handlers.
- Breaking the Monopolistic Standard: Menzies (SPdH) has historically served major scheduled carriers. Moving to Portway—which services easyJet, American Airlines, and Delta—demonstrates Portway's growing capability to handle major international groups.
- TAP Acquisition Context: Menzies currently handles TAP Air Portugal. Air France-KLM’s move to Portway creates an intriguing operational dynamic if the Franco-Dutch group wins the privatization bid.
TAP Privatization Final Parameters
The Council of Ministers evaluates bids based on total valuation (€1.4B–€2B), fleet growth, national employment, and preserving Lisbon as a core South Atlantic hub.
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