Swissport to defer IPO and listing on SIX Swiss Exchange

Swissport Group ("Swissport"), the global leader in ground services and cargo handling, will defer the planned Initial Public Offering ("IPO") and listing of its shares on the SIX Swiss Exchange due to current market conditions. The company, a subsidiary of Chinese HNA Group Co. Ltd., had announced on January 25, 2018 its intention to seek an IPO.

This announcement contains inside information as defined in the Market Abuse Regulation (EU) 596/2014 ("Market Abuse Regulation") and is disclosed in accordance with Swissport's obligations under the Market Abuse Regulation.


About Swissport

Swissport International Ltd. provides mission-critical ground services for more than 265 million passengers and handles 4.7 million tonnes of air cargo a year on behalf of some 850 client-companies in the aviation sector. With a workforce of 68,000 personnel, Swissport is active at 315 stations in 50 countries across five continents. The company generated consolidated operating revenue of EUR 2.8 billion in 2017.


About HNA Group

HNA Group is a global Fortune 500 company focused on tourism, logistics, and financial services.  Since its founding in 1993, HNA Group has evolved from a regional airline based on Hainan Island in southern China into a global company with over $145 billion in assets, and more than $100 billion in annual revenues based on 2017 figures, primarily across America, Europe and Asia. For more information, visit


Media Contacts

For Swissport:
Swissport International Ltd.
Corporate Communications
P.O. Box
CH-8058 Zürich-Flughafen

T: +41 43 815 00 00


Richard Oldworth / Chris Judd
T: +44 (0)20 7466 5000


For HNA Group:
Sard Verbinnen & Co
Matt Benson / Conrad Harrington
T: +1 212 687 8080 / +44 (0)20 3178 8914



This communication is not an offer to sell or a solicitation of offers to purchase or subscribe for securities.  This announcement is not a prospectus within the meaning of Articles 652a or 1156 of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of the SIX Swiss Exchange AG or a prospectus under any other applicable laws. A decision to invest in securities of Swissport should be based exclusively on the issue and listing prospectus to be published by the Swissport for such purpose.

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MiFID II professionals / ECPs-only / No PRIIPs KID – Manufacturer target market (MIFID II product governance) for any securities is expected to be eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) will be prepared as no securities are intended to be made available to retail in EEA.

This publication may contain specific forward-looking statements, e.g., statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of Swissport and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. Swissport assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.