Private equity firm LBO France has agreed to sell its ownership of ground handling company Worldwide Flight Services (WFS) to Platinum Equity – a specialist merger, acquisition and operation (M&A&O) company - for an undisclosed sum. The deal is expected to be completed by the end of June and is subject to regulatory approvals. WFS is a cargo handler and global provider of ground handling and technical services with annual revenues in excess of €620 million. It is present … [Read more...] about Worldwide Flight Services has a new owner
Worldwide Flight Services
WFS secures SIA cargo contract in UK
Worldwide Flight Services (WFS) has won a three-year contract to provide full cargo handling services for Singapore Airlines Cargo at London Heathrow and at all of its UK regional locations. The contract takes effect in January 2015 and will see WFS handle some 46,000 tonnes of cargo a year for the airline. Singapore Airlines Cargo operates two B747 freighter services a week from the UK with a payload of 100 tonnes per flight and provides cargo uplift for Singapore Airlines’ twice … [Read more...] about WFS secures SIA cargo contract in UK
WFS acquires Swissport's cargo business at Copenhagen
Worldwide Flight Services (WFS) has acquired Swissport's cargo business at Copenhagen Airport. WFS will take over Swissport's 4,200 square metres cargo terminal at Copenhagen Airport, which handles 18,000 tonnes a year on behalf of leading international airlines. Marc Claesen, regional vice president, North Europe at WFS, said: "We are delighted to have successfully concluded this agreement. Copenhagen has been a big growth airport for WFS since we opened our operation in 2006 and this … [Read more...] about WFS acquires Swissport's cargo business at Copenhagen
WFS acquires Swissport’s cargo business at Copenhagen
Worldwide Flight Services (WFS) has acquired Swissport's cargo business at Copenhagen Airport. WFS will take over Swissport's 4,200 square metres cargo terminal at Copenhagen Airport, which handles 18,000 tonnes a year on behalf of leading international airlines. Marc Claesen, regional vice president, North Europe at WFS, said: "We are delighted to have successfully concluded this agreement. Copenhagen has been a big growth airport for WFS since we opened our operation in 2006 and this … [Read more...] about WFS acquires Swissport’s cargo business at Copenhagen
Çelebi acquires Aviapartner’s cargo ops in FRA
Turkish ground handler, Çelebi has acquired the Frankfurt arm of Belgium ground handler Aviapartner for cargo handling only. The €4.6 million deal was completed on 18 February according to a management statement as reported by Turkish media. Çelebi currently operates a 15,000 sqm cargo handling facility already in operation since 2010 in Frankfurt's Cargo City South and with the additional 10,000 sqm from Avia gives them a substantial … [Read more...] about Çelebi acquires Aviapartner’s cargo ops in FRA
Çelebi acquires Aviapartner's cargo ops in FRA
Turkish ground handler, Çelebi has acquired the Frankfurt arm of Belgium ground handler Aviapartner for cargo handling only. The €4.6 million deal was completed on 18 February according to a management statement as reported by Turkish media. Çelebi currently operates a 15,000 sqm cargo handling facility already in operation since 2010 in Frankfurt's Cargo City South and with the additional 10,000 sqm from Avia gives them a substantial … [Read more...] about Çelebi acquires Aviapartner's cargo ops in FRA