Recent News Releases
Swissport International is developing its lounge business in the Asia-Pacific region. The first lounge under the Aspire brand will open at Perth Airport in Western Australia mid next year.
Swissport increased its revenue to EUR 1,526.0 million in the first half of 2019 compared to EUR 1,437.9 million in the first half of 2018 (plus 6.1%). The company’s revenue growth continued to be profitable with its operating EBITDA up 7.2% to EUR 121.9 million for the first six months of 2019 (EUR 113.7 million in the first half of 2018).
Swissport Group S.à r.l. (together with its subsidiaries, "Swissport") successfully closed and settled its debt refinancing. The refinancing includes EUR 410 million of senior secured notes, EUR 250 million of senior notes and a EUR 850 million term loan B facility. Swissport is using the net proceeds from the refinancing to repay existing debt.