WFS builds on cargo to win full Spanish contracts

Worldwide Flight Services (WFS) has built on its cargo handling experience in Spain to win full ground handling contracts at the country’s Madrid, Seville, Santiago, Oviedo and Vitoria airports
WFS, under the new ownership of deep-pocketed global investment firm Platinum Equity, said that the biggest expansion of its ground handling activities in Europe for over 40 years is a “game changer”.
It expects to commence full passenger and ramp services in Madrid, alongside its existing cargo business, and Seville in October, in addition to continuing its cargo operations in Barcelona and Valencia.
Santiago and Oviedo will join the WFS network in November along with Vitoria. In Vitoria, WFS will provide full ramp handling for freighters only.
The new licenses will see WFS making a “multi-million euro investment in aircraft and passenger handling equipment and facilities” in Spain.  
Pablo Garcia, WFS’ executive vice president sales, said: “The ability to combine passenger and ramp services with our well-established cargo operation in Madrid is a game changer for WFS.
“Winning these new licenses will see the biggest growth in our ground handling operations in Europe since our company was founded in 1971.
“It represents a perfect example of where our historical strength in cargo handling has earned us the opportunity to become a full-service provider.”
WFS won the new seven-year licenses following a public tender conducted by Spanish airports operator Aena. A total of 10 ground handlers took part in the bidding process.
WFS has already announced plans to accelerate its growth by “exploring more business opportunities and implementing its acquisition strategy” under new owners Platinum Equity, which has more than $6bn of assets under management.
Olivier Bijaoui, executive chairman, president and chief executive of WFS, said that the company plans to double in size in the next few years through strategic acquisitions in key markets, partnerships and organic growth opportunities.

Share this story

Related topics

Latest europe news

Tigers to build new Rotterdam mega hub

By Damian Brett

Logistics firm Tigers is building a new mega hub facility in Rotterdam as global customer demand and the e-commerce sector…

Read More

Chapman Freeborn and AIA Cargo announce Ireland tie up

By Rachelle Harry

Chapman Freeborn Air chartering has collaborated with Airbridge International Agencies (AIA) Cargo to strengthen both companies’ presence in Ireland. UK-headquartered…

Read More

FTA: We need more information to prepare for Brexit

By Rachelle Harry

The logistics industry has responded to the UK government’s Brexit announcement yesterday (October 17). James Hookham, deputy chief executive of…

Read More