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July 03, 2015 12:51 PM ET

Transportation Infrastructure

Company Overview of Swissport International Ltd.

Company Overview

Swissport International Ltd. offers passenger and cargo ground handling services. The company provides cargo, fuelling, executive aviation, aircraft maintenance, and aviation security services. Additionally, it offers station management and administration, passenger, and aircraft servicing and ramp handling services. Swissport International Ltd. was founded in 1996 and is based in Zurich, Switzerland.

P.O. Box

Zurich-Airport

Zurich,  8058

Switzerland

Founded in 1996

Phone:

41 43 815 00 00

Fax:

41 43 815 00 03

Key Executives for Swissport International Ltd.

Chief Executive Officer and Group President
Age: 56
Chief Financial Officer and Executive Vice President of Finance
Age: 42
Executive Vice President of Operations
Chief Executive Officer of Germany, Austria & Hungary Region Operations
Chief Executive Officer of Cargo - UK
Compensation as of Fiscal Year 2015.

Swissport International Ltd. Key Developments

Swissport International and Swiss WorldCargo Extends Strategic Cooperation Until 2020

Swissport International and Swiss WorldCargo to continue their strategic handling partnership until 2020. The newly signed agreement extends the long-term cooperation between Swissport and the air cargo division of Swiss International Air Lines for another five years. The cooperation with Swiss WorldCargo includes 35 stations across the globe and the annual handling of some 130,000 tonnes of cargo and mail. According to the renewed agreement, any additional requirement by Swiss WorldCargo for its stations around the globe will be handled smoothly and efficiently. Both partners will further focus on innovative handling solutions to speed up the acceptance and clearance of air cargo shipments for the benefit of the involved industry.

Swissport Reportedly Withdraws From Agreement With SAS For Ground Handling Operations

Swissport International Ltd. has withdrawn from the agreement to acquire Ground Handling operations of SAS AB (OM:SAS), Esmerk reported citing Dagens Næringsliv. The agreement was signed in 2013. Initially, Swissport was supposed to acquire a 50%, but did not take over more than 10% in the autumn of 2013. SAS has not yet commented on the news.

Swissport International Ltd. Appoints Eric Born as President & CEO, Effective August 1, 2015

Swissport International Ltd. announced that Eric Born will assume his duties as new Group President & CEO on 1 August 2015. He will succeed Per H. Utnegaard, who will take on the role of Vice Chairman of the Board of Directors of SPI. The Board of Directors of Swissport International Ltd. announced that Eric Born has accepted to join the Group as President & CEO. Eric has a very strong track record in creating value and delivering sustainable results in private equity owned and publicly listed organizations across retail, logistics and aviation services. Prior to joining Swissport, Eric spent six years at Wincanton Plc. He joined Wincanton in 2009 as COO before he was promoted to CEO in 2010.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 29, 2014
Swissport Cargo Services Denmark Aps
 

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