Go Ahead Group has agreed to sell its loss making aviation ground handling and cargo business. Dnata will acquire the Heathrow operations for £15m, while Servisair will pay a nominal fee for operations across 11 other UK airports. Go Ahead will retain a few residual contracts at Heathrow and also the Meteor parking business. The proceeds of the sale will be entirely wiped out by residual liabilities, while the accounts will be hit by further write downs of £35m against the aviation...
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