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Bulgaria on the Swissport Network Map

Zurich/Sofia, April 24, 2007 – Swissport

International, the world’s leading provider of

aviation services, has established a ground handling

company in Sofia, Bulgaria. With the country’s

strong economic growth and its rapidly-rising air

travel volumes, the new operation fits ideally into the

Swissport strategy of gaining key footholds in

promising new markets.



Bulgaria is one of the fastest-growing markets in the EU. And

Swissport Bulgaria will now enter this market as the first

independent ground handling company at Sofia Airport. The

airport handled 2.2 million passengers last year, passenger

numbers are currently rising at an annual 20%, and further double-

digit growth is expected in the years ahead. Under current plans,

Swissport Bulgaria should handle its first flight at the airport on

June 18.



“We intend to establish Swissport Bulgaria as an attractive ground handling provider at Sofia Airport by offering top-quality products and services at competitive prices,” says Christian Draeger, the new company’s Managing Director. “And we’re greatly looking forward to further developing our activities in the rapidly-growing Southeast European market following our successful market entry in Kiev one year ago.”


Bulgaria joined the European Union on January 1, 2007. The

country has a total population of 7.75 million. Sofia, its capital, is

home to more than a million people, while Varna and Burgas, the

two major cities on the Black Sea, both have populations of over

230 000.



Key economic data on Bulgaria

 

2004 2005 2006
GDP growth in % 5.7 5.5 6.0
Inflation in % 4.0 6.5 6.0
Unemployment in % 12.0 10.1 8.8




Swissport International Ltd., which is owned by Ferrovial, a leading European infrastructure and service corporation based in Spain, provides ground services for over 70 million passengers and 3.2 million tonnes of cargo a year on behalf of some 650 client companies. With its workforce of around 23 000 personnel, Swissport is active at 180 airports in 43 countries on five continents, and generated consolidated operating revenue of CHF 1 712 million (EUR 1 070 million or USD 1 370 million) in 2006.

www.swissport.com / www.ferrovial.com

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