From local player to global leader
Swissport was incorporated in 1996. Today, the company is the global leader in airport ground services and air cargo handling, both based on revenue and the number of airports served.
Swissport is incorporated
Swissport is incorporated in August 1996 in Switzerland with an initial presence in Zurich, Geneva and Basel.
The company subsequently expands into the UK, Germany and Brazil.
Expansion to Turkey and South Africa. Acquisition of DynAir in US and Aer Lingus Ground Handling in London.
Swissport expands to 130 locations in 25 countries.
British private equity company Candover purchases Swissport from Swissair Group.
Swissport significantly expands its cargo handling business by acquiring Cargo Service Center B.V. with 61 stations in 15 countries.
KLM cargo, SWISS and United
Swissport and KLM conclude five-year worldwide agreement covering 64 stations.
Major outsourcing agreements signed with SWISS and United Airlines.
Awarded for Best Global Ground Handler five times in a row.
Acquisition of Groundstar Ltd. adds five locations and doubles Swissport’s business volume in the UK.
Swissport acquires Globeground Korea, adding Seoul to its network as the third major station in its Asia-Pacific network after Manila and Singapore.
Swissport diversifies and enters the security business via its acquisition of Protectas Aviation Security Ltd., today branded Checkport.
Spanish construction company Ferrovial purchases Swissport from British private equity company Candover.
Swissport-Losch, a joint venture with Losch Airport Service, wins the handling of Lufthansa’s regional fleet as a major initial contract at the Munich hub.
Swissport wins contract as ground handling partner for Finnair’s Helsinki hub.
Ferrovial successfully concludes sale of Swissport to PAI Partners.
Swissport acquires Flightcare Spain and Belgium.
Swissport substantially expands its global presence by acquiring the ground handling group Servisair.
Swissport invests in its fueling business through the acquisition of a majority stake in AFS Aviation Fuel Services GmbH.
Swissport expands its presence in Mexico to 28 stations via a joint venture with AGN Aviation Services.
Chinese HNA Group acquires Swissport from PAI Partners.
Middle East Expansion
Swissport expands into the Middle East with start-ups in Saudi Arabia and Oman.
Major expansion in the Asia-Pacific region: Swissport acquires Aerocare, the number one ground handler in Australia / New Zealand.
Acquisition of German cargo handler Apron GmbH makes Stuttgart the second largest cargo hub of Swissport in Germany, only topped by its Frankfurt facility.
Growth in Asia-Pacific
Following through on its plan to use Aerocare as a platform for growth, Swissport announces plans to open an air cargo facility in Melbourne, its first in Australia, and to bring its Aspire lounge business to Perth, Australia.
Change of ownership
As of 21 December 2020, the lead shareholders of Swissport are investment funds managed by affiliates of Strategic Value Partners, LLC, Apollo Global Management, Inc., TowerBrook Capital Partners, Ares Management, Cross Ocean Partners and King Street Capital Management, LP – all of them former senior-secured...
Swissport Pharma Centers
Swissport launches its own label for warehouses, which meet the company’s high standards for the storage and handling of temperature-sensitive pharmaceutical goods.
Numbers of airports served 298
Facts & Figures
Passengers served (2020)
Cargo tons handled (million)