Singapore Airport Terminal Services (SATS) has reported a S$40.9 million (US$20 million) profit for the three months to 30 September, up 26.2 per cent year-on-year, the second quarterly growth following four consecutive periods of declines. Turnover at the airport ground-handling and catering company grew 45.4 per cent to S$362.3 million, despite a 10 per cent drop in aviation revenue. A key factor in the firm’s robust results was the contribution from Singapore Food Industries … [Read more...] about SATS records 26% growth in profit
ground handling
Airports & Ground Handling
Vnukovo International Airport has begun providing cargo handling for carriers with services to the airport following the opening of a new mail and cargo terminal. The inaugural shipment arrived on 18 September 2009 delivered by a scheduled flight from Yakutsk on a Boeing 757-200 by Yakutia Airlines. The terminal project was implemented as a part of the large-scale programme to develop the airport complex of Vnukovo by the Moscow government. The mail and cargo terminal has an area of 56,800 … [Read more...] about Airports & Ground Handling
Airports & Ground Handling
Vnukovo International Airport has begun providing cargo handling for carriers with services to the airport following the opening of a new mail and cargo terminal. The inaugural shipment arrived on 18 September 2009 delivered by a scheduled flight from Yakutsk on a Boeing 757-200 by Yakutia Airlines. The terminal project was implemented as a part of the large-scale programme to develop the airport complex of Vnukovo by the Moscow government. The mail and cargo terminal has an area of 56,800 … [Read more...] about Airports & Ground Handling
SATS profits even as aviation business down
Singapore Airports Terminal Services (SATS) has reported a 17 per cent rise in first quarter net profits, even though its aviation business has continued to flounder in line with the global economicdownturn. The ground-handling firm says that its net profit for the three months ended 30 June increased by S$5.9 million (US$4.1 million) to S$40.4 million, buoyed by a 44 per cent increase in group revenues to S$351.7 million. However, the Singapore Airlines subsidiary says that the revenues … [Read more...] about SATS profits even as aviation business down
Mercury Air Cargo launches cargo handling JV
Mercury Air Cargo has launched MAC Cargo Handling - a joint venture with three veteran ground handling executives. The joint venture brings together Mercury's 25 years of cargo handling experience and its position as the largest third party air cargo handler at Los Angeles International Airport, with the expertise of Anthony Bonino, Steve Ballard, and Philip Scherer. Mercury said MAC will focus on providing airlines with experienced manpower and operations to improve their bottom line and … [Read more...] about Mercury Air Cargo launches cargo handling JV
Lufthansa Cargo opts for Swissport in Amsterdam
Airport ground and handling company, Swissport International has signed a cooperation agreement with Lufthansa Cargo to provide airfreight handling services for the partner airlines of the Lufthansa Cargo Group - including Jade Cargo - at Amsterdam Airport for the next three years. Swissport Cargo Services was selected following an extensive tender process, and should commence its new operations - including all of Lufthansa Cargo¡¯s airfreight and ramp handling needs - on 1 March. The annual … [Read more...] about Lufthansa Cargo opts for Swissport in Amsterdam
