Swissport Australia and New Zealand

Swissport is the world's leading provider of ground and air cargo services, active at 298 airports in 47 countries across six continents. With a workforce of 45,600, Swissport provides best-in-class airport ground services usually for some 265 million passengers annually and handles approximately 4.6 million tonnes of air cargo at 115 warehouses wo... rld-wide. In preparation for the global distribution of Covid-19 vaccines, Swissport is establishing global operational readiness for the handling of highly temperature-sensitive vaccines. Its state of the art Swissport pharma centres around the world will play a leading role in airport logistics for the distribution of a Covid-19 vaccine. Swissport's financial restructuring is expected to complete in December or shortly thereafter. Following completion, Swissport will be owned by its senior lenders, most of them US- and UK-based financial institutions with the largest being SVP Global, Apollo, Towerbrook and Ares. HNA will have no shareholding and no involvement with the company from this point.Read More