Recent News Releases
Swissport is further expanding its business in the Middle East with new contracts from the Dutch airline KLM and the largest Indian carrier IndiGo. The Swiss aviation services company, global market leader of airport ground services and cargo handling, will provide KLM with ground handling services in Dammam. IndiGo will initially be handled by Swissport at Jeddah, followed by Dammam and Riyadh.
SalamAir of Oman has signed a five-year contract with Swissport for hub handling at Muscat International Airport. As of 1 January 2019, the Swiss Aviation Services company, global market leader of airport ground services and cargo handling, will provide the Omani carrier with a full range of services, from passenger services to ramp operations.
Swissport International AG is adding Montreal to its network of CEIV Pharma certified cargo warehouses. The global leader of airport ground services and cargo handling for the aviation industry has received the certification as the first air cargo handler in Canada.
Swissport International AG, together with its partner Finnair, has been awarded “Best Handler-Airline Innovation” by the industry’s leading magazine Ground Handling International. The global leader of airport ground services and cargo handling was honored for a new machine-learning tool, which helps to dynamically predict aircraft delays at Finnair’s hub in Helsinki-Vantaa.
Effective 1 January 2019, Swissport International AG will consolidate its existing regional structure from nine to three management regions. These will be EMEA (Europe, Middle East, Africa), Americas (USA, Canada, Latin America) and APAC (Asia-Pacific). The new structure will reduce overheads across the organization and support faster decision making.
Swissport extends the temporary remedies standstill regarding the collection of the unpaid balance of its Affiliate Loan to HNA Group while HNA concludes its assessment of strategic options for Swissport. The remedies standstill was originally agreed in May 2018.
Swissport International AG, the global leader of airport ground services and cargo handling for the aviation industry, is counting on further growth in Germany. The acquisition of cargo handler Apron GmbH makes Stuttgart the second largest cargo hub of Swissport in Germany, only topped by the Swiss company’s Frankfurt facility.
In the first half of 2018, Swissport International AG served 132 million passengers on behalf of its airline clients (up 10.0% on the first half of 2017). Cargo volumes increased to 2.3 million tons (up 5.0%). Revenue for the first six months climbed to EUR 1.43 billion (up 4.1%). EBITDA reached EUR 116.3 million (up 35.5%).
Swissport has been appointed ground handler for Air New Zealand in Melbourne, Sydney, Brisbane and Perth, following a competitive tender focused on safety, service and operational performance.
HNA Group and Eric Born announced today that they have agreed to extend Eric Born’s contract as President and CEO of Swissport International AG to December 31, 2019.