Dutchport to cease operations
Solid growth, a global presence and a sound market share: in the fiercely-competitive ground handling sector, they are all crucial to sustained business success. But so, too, is the bottom-line profitability of any ground handling organisation. Unfortunately, our Amsterdam operations have seen a further deterioration in the general market environment over the past few months. As a result, Swissport has decided to withdraw from the Dutch ground handling market at the end of January 2002.
For all the positive atmosphere among our staff, our many new and satisfied customers, our impressive quality and our superb facilities, commercial results from our Dutch operations have fallen sadly short of our expectations. A healthy company needs a healthy margin, too, if it is to survive beyond the short term. Unfortunately, we see little prospect of achieving one at Schiphol Airport in the foreseeable future.
Having taken this regrettable decision, we will be doing everything we can to ensure a smooth transfer of our current handling agreements to our fellow ground services providers at Schiphol; and well be striving to place as many of our staff as possible with these companies, too. And wed like to take this opportunity to thank all our airline customers and all our personnel for the excellent collaboration we have enjoyed with them over the past three years.