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August 30, 2015 12:57 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 President
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 Thalerhof Airport Plans Freight Joint-Venture in Graz

Swissport International and Thalerhof airport announced plan to form a joint-venture for cargo services. This way the subsidiary of Swissair wants to expand its air freight and ground handling services in Austria. Operations are supposed to start at the beginning of 2016. The future Swissport Cargo Services Graz will offer a whole range of cargo services: the newly formed joint-venture is supposed to handle 10,000 tons of air cargo for airlines and carriers.

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.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 30, 2015
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