Swissport acquires DynAir


already communicated earlier (Press-Release July

13th, 99) Swissport International has submitted an

acquisition proposal of DynAir what has now been

successfully approved by the Board and

Share-holders of the Alpha Airport Group Plc. in

London. This significant step makes Swissport

International to one of biggest and most important

global Ground Handling Companies. The acquisition

of DynAir is the win-win fulfilment of a vision and

a strategy: a world-wide presence for Swissport

based on excellence. The combined resources of

DynAir USA and Swissport International will be a

condensate of the "best of both worlds" in an

ongoing effort to maximise overall performance and

customer satisfaction:


facts and




serving some 322 customer Airlines



with more than 950'000 flights handled per year



based on 101 Airports all over the globe



active in 16 countries with 14300 employees



generating a revenue of 600 Mio US$



a result, customers will not only able to




from simplified purchasing in a larger network but also



from cost-effective multipoint incentive programs.


More information will be distributed very soon.

For any

further information regarding this new cooperation

do not hesitate to contact either:



Swissport International


DynAir Ground Services


Stephan Beerli
VP Sales & Marketing
P.O. Box
CH-8058 Zurich-Airport


Tel. 0041 1 812 49 50
Fax. 0041 1 811 10 01


Anthony D. Ivey
VP Sales & Marketing
45075 Aviation Drive, Suite 350
Dulles, Virginia, 20166-7557 / USA


Tel. 001 703 742 43 46
Fax. 001 703 742 43 21



is also purchasing an equity stake of 40% in

MIASCOR Ground Handling Corporation,


In the

light of further international expansions Swissport

was seeking to strengthen its position on the Asian

market place. To reach this strategic goal

Swissport International was able to acquire an

equity stake in the leading Ground Handling Company

of the Philippines. As an important partner, with

excellent business contacts, know-how and network

in the Far East, MIASCOR is a reliable choice to

expand into the Asian Ground Handling








MIASCOR has a 48% market-share in the Philippines



the actual revenue is around 10 Mio US$, generated on 4 Airport



with some 800 employees handling 23 international Airline customers