All Swissport Articles – Page 9
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News
Swissport chief executive Eric Born to step down in December 2018
Eric Born is to step down as group president and chief executive of Swissport International at the end of this year.Born informed the board of directors at the ground and air cargo handling group of his decision which will see him leave the company in December 2018.He has held the ...
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Swissport to study blockchain benefits for cargo
Swissport is to study the benefits of blockchain for its cargo handling business.The company is launching a blockchain pilot phase with Olam, a non-profit foundation dedicated to developing an open-source platform for supply chain partners.Blockchain creates a digital record of every transaction made in a decentralised and secure way using ...
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Swissport receives $100m partial loan repayment from HNA parent
Swissport has received a further $100m (€83m) repayment on the ground handler's affiliate loan to its parent company, China's HNA Group, and has agreed to a "temporary remedies standstill period" of five months in collecting the balance.The repayment is in partial satisfaction of HNA Group's obligations under an outstanding affiliate ...
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News
Swissport Basel certified for pharma logistics by IATA
IATA has awarded Swissport Cargo Services at Basel’s EuroAirport with the CEIV Pharma certificate for pharmaceutical logistics.The CEIV regulations guarantee the highest quality and safety standards for the transport of sensitive pharmaceutical products. Swissport’s Basel warehouse is the company's sixth CEIV certified cargo facility."We are very pleased to receive the ...
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Swissport signs up for new cargo facility at Frankfurt
Fraport and Swissport signed a long-term lease agreement for a new air cargo facility in CargoCity South at Frankfurt Airport (FRA).The new facility will have a surface of 16,900 sq m, with an additional 2,260 sq m to be used as office and social space.The warehouse will be tailored to ...
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Reports suggest Temasek considering investments in HNA's Swissport and airlines
Reports continue to circulate that Singapore state investor Temasek is looking to invest in several of debt-laden HNA's aviation assets.The South China Morning Post and Reuters have both reported unnamed sources as saying that Temasek Holdings is interested in buying a stake in Hong Kong Airlines and Hong Kong Express ...
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Swissport defers IPO plan
Swissport Group has announced that it will defer its plans for an Initial Public Offering (IPO) on SIX Swiss Exchange.In a short investor announcement, the ground handler, a subsidiary of Chinese conglomerate HNA, said that it had decided to delay the listing of its shares as a result of current ...