Swissport wins IAG at Berlin Airport

Swissport and IAG have signed a 3 year contract covering airport ground services for the airlines of IAG at the new Berlin Brandenburg International Airport. A British Airways flight to London Heathrow was the first flight under the new agreement with the British-Spanish airline group at the new Berlin Brandenburg International Airport. The 3-year contract […]

Henning Dieter appointed head of Swissport Cargo Services Germany and Austria

Henning Dieter has been appointed head of Swissport Cargo Services Germany and Austria and will assume his position on September 1. He succeeds Dirk Schmitt, who left the company in 2019 after almost five years at the helm of Swissport Cargo in Germany and Austria. Dieter will oversee the strategic and operational management of Swissport’s […]

Swissport plans acquisitions with refinanced debt

Swissport Group has refinanced debts worth €1.5 billion to repay existing debts, for organic growth and to make acquisitions. The refinancing includes €410 million of 5.25% senior secured notes, €250 million of 9% senior notes and a €850 million term loan B facility at EURIBOR plus 4.75%. The 5.25% senior secured notes will mature on […]

Eric Born delays departure from Swissport again

Eric Born has delayed his departure from Swissport for another year subject to successfully refinancing the company’s debts. The president and CEO of Swissport International was due to leave at the end of this year but subject to successful refinancing by 30 September 2019, he will stay until the end of 2020. He was initially […]