Swissport International

Swissport International, the world's leading provider of ground services to the aviation industry, generated total operating revenue in 2011 of CHF 1.7 billion, which, corrected for currency fluctuations, represents a 7% increase over 2010.

The business growth achieved throughout the year is purely organic, and early indicators suggest that the result is clearly ahead of the aviation sector as a whole, and significantly ahead of those markets where Swissport's operations are focused.

Per H. Utnegaard, President & CEO of Swissport International, said the results were very encouraging, particularly given the challenging global economic conditions in 2011, and reflected an outstanding level of new contract wins and contract renewals that enabled the company to increase its market share.

"Swissport's strong performance under very challenging market conditions proves again that the resilience of our business model and the robustness of our startegy are working well," Utnegaard said. "Swissport's customers clearly value high-quality, competitive, and innovative services, and we will continue to enhance our operating performance to bring ever-better service, value and professionalism across our global network."

Business highlights in 2011 included the following:

  • A six- year contract to handle Lufthansa's regional fleet in Munich
  • Winning four handling licences at Brussels Airport
  • Start up of cargo handling operations at Japoan's Narita International Airport
  • A five-year agreement managing Finnair's baggage and apron services at its Helsinki Airport hub.

Other Swissport hignlights in 2011 included:

  • Winning the Institute for Transport Management's Best Ground Handling Company award for the 11th year in succession
  • Winning, for the third successive year, the Air Cargo Handling Agent of the Year, in the prestigious ACW World Air Cargo Awards
  • Swissport Fuelling and its staff winning several awards from the National Petroleum Management Association
  • Being awarded the IATA Safety Audit for Ground Operations (ISAGO) certificate for the group's corporate headquarters and Zurich station
  • Successful completion of the sale of the Swissport group to PAI partners, further strengthening the group's financial position, and supporting its strategy of pursuing profitable growth.