Swissport Acquires Stake In SAS Ground Handling Companies

Swissport International has acquired a 10 per cent stake in each of Scandinavian Airline Systems’ (SAS) three ground handling companies, effective November 1. In March 2013, SAS and Swissport announced the signing of a Letter of Intent which paved the way for continued negotiations between SAS and Swissport for the complete outsourcing of SAS ground and cargo handling services in Scandinavia. Negotiations were put on hold until Swissport's acquisition and integration of Servisair is completed.

TAGS: Airlines
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