Cargo ground handler Swissport bagged €300 million of committed interim financing from an ad hoc group of senior secured creditors, which will top-up on its current liquidity position of more than €200 million as of 18 August, a press release confirmed. Swissport says this will give them ample headroom to trade and execute operational plans through the Covid-19 pandemic as well as take advantage of growth opportunities post-crisis, strengthening its position in the passenger services and air … [Read more...] about Swissport nabs €300 million financing, shakes on restructuring deal ‘in principle’
cargo ground handling
Swissport handling Qantas at Heathrow
Swissport International has been appointed by Qantas Freight to provide cargo ground handling services at London Heathrow Airport. Operations started in mid-September. The new business is the third major win by Swissport Cargo Services UK within the last two months, following South African Airways and Finnair, the ground handler said. With the global airfreight business still far from fully recovered, new cargo handling agreements are more vital and valuable than ever and Swissport London … [Read more...] about Swissport handling Qantas at Heathrow
