Swissport International, a leading provider of ground handling services to the aviation sector, has announced its intention to sell a majority shareholding in its ULD management subsidiary Unitpool Ltd. to Aviation Services Holding (ASH) effective 24 October.
Swissport said Unitpool will continue to develop and tap new markets in the international air transport sector under the leadership of Dr Ludwig Bertsch (of ASH) as Chairman and David Harman who remains as CEO.
Unitpool, which currently manages some 21,000 ULD containers for 26 airlines at over 270 stations around the world, was acquired by Swissport in 2003 to supplement its ramp and cargo services and off er customer carriers a complete ground services package.
Swissport said it will remain a minority Unitpool shareholder, and will continue to develop its collaboration with the company, but for strategic reasons wishes to give its subsidiary more independence and greater business scope.