Swissport completes disposal of its French ground handling activities

Swissport International confirmed on October 7 that it has closed the deal to dispose of its ground handling activities in France to GH Team.
The sale covers activities undertaken by Swissport France, Swissport Services CDG, Servisair France and Héraclès. However, it does not include Swissport Cargo Services or Swissport Executive, which will both remain part of the Swissport Group.
Swissport announced earlier this year (story below) that it had taken a strategic decision to dispose of its ‘unprofitable’ activities in France, citing the ‘growing economic pressure on ground handling activities, particularly at Paris CDG’. In September the group revealed that it was selling its Danish operations at Copenhagen Airport to World Flight Services. Nevertheless, the group remains the world’s largest provider of ground and cargo handling services, last year dealing with 224 million passengers and 4 million tonnes of cargo at 260 locations in 45 countries on behalf of around 700 clients.
Senior Vice-President Dany Nasr said Swissport International was ‘pleased that GH Team is taking over our ground handling operations in France. They have the necessary expertise and experience, with an ambitious development plan and the right set-up to meet the needs of this market.’
GH Team is co-chaired by Christophe Le Borgne, President & CEO of Swissport France and Adrian Melliger, the company’s former Senior Vice-President for Southern Europe. Following the acquisition, GH Team says it intends to ‘perpetuate and expand’ the activities which it is acquiring, ‘with an ambitious development plan in a changing market that makes increased agility and adaptability essential.’

Share this story

Related Topics

Latest business news

DSV airfreight volume up 2.3% in Q1 but profit falls with rates

DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…

Read More

Share this story

UPS revenue drops 5% in Q1

Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…

Read More

Share this story

Finnair’s cargo revenue and yields fall in first quarter of this year

Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.