(Reuters) - UK aviation servicing company John Menzies Plc (L:MNZS) said on Friday it expects lower annual profit, hurt by aviation market challenges, weak cargo volumes and flight schedule reductions.
Menzies, which traces its roots back to a bookshop founded in 1833, appointed in May Swiss private equity fund manager Christian Kappelhoff-Wulff to its board and formed two new committees to consider strategic and structural options.