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Indiaexportnews.com

Swissport International revenues up 7pc

  27.01.2012    

Aviation groundhandler Swissport International has posted a seven per cent year on year revenue increase to CHF1.7 billion (US$1.8 billion) in 2011, beating the global market average and the industry in locations where it operates.
Describing growth as "purely organic", Swissport CEO Per Utnegaard said the results reflected a new contracts and contract renewals that enabled the company to increase market share.
"Swissport's strong performance under very challenging market conditions proves again that the resilience of our business model and the robustness of our strategy are working well," Mr Utnegaard said.
Among the year's successes, a Swissport listed the winning the Institute for Transport Management's Best Ground Handling Company award for the 11th year in succession, winning, for the third consecutive year, the Air Cargo Handling Agent of the Year in the ACW World Air Cargo Awards, winning several awards from the National Petroleum Management Association and winning the IATA Safety Audit for Ground Operations (ISAGO) certificate for Zurich operations.
Swissport International provides ground services for 3.2 million tonnes of cargo a year using 98 warehouses totalling 360,000 square metres on behalf of some 650 client-companies in aviation. With a workforce of 35,000, Swissport is active at 177 stations in 36 countries on five continents, the Shipping Gazette reports. 


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