LONDON, September 1, 2014 /PRNewswire/ --
Worldwide Flight Services (WFS) has signed an agreement to
acquire Swissport's cargo business at Copenhagen Airport,
reinforcing its position as the largest independent cargo handler
in Denmark.
Under the terms of the agreement, Swissport will transfer all
business activities to WFS on 1st October
2014. WFS will take over Swissport's 4,200m² 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 latest investment not only gives us potential for further
expansion, it brings more leading international airlines into our
portfolio in Scandinavia, that are also customers of WFS elsewhere
in our global network."
Jos Roeven, Managing Director, Swissport Cargo Services The
Netherlands and Area Director Nordics, added: "WFS is a major
player in cargo handling and is therefore perfectly equipped to
take over the cargo business at Copenhagen Airport."
WFS provides services to 300 airlines globally, is present at
120 major airports in 20 countries on four continents, and handles
four million tonnes of cargo a year. It commenced operations in
Scandinavia in 2006 having been awarded a concession on land by
Copenhagen Airport a year earlier and investing in the construction
of a new cargo terminal. WFS also opened its own cargo business at
Stockholm's Arlanda Airport in
2012.
The new agreement with Swissport will take WFS' total cargo
volume at Copenhagen Airport to 100,000 tonnes a year. Its existing
facilities at the airport include two cargo terminals with a total
area of nearly 10,000m² of warehouse space and office
accommodation. WFS' airline clients at the airport include
Singapore Airlines, China Cargo Airlines, Korean Air, British
Airways, TAP Portugal, Iberia, Air Canada, Delta Air Lines, Turkish
Airlines, Qatar Airways, Air Greenland, Cargolux and
Icelandair.
The sale of the Copenhagen
cargo business to WFS includes all business activities currently
carried out by Swissport Cargo Services Denmark ApS as well as all
assets. The exit process will start immediately and will be
concluded 1st October 2014.
Paris-headquartered Worldwide
Flight Services (WFS) operates at 120 airports in 20 countries and
serves 300 airlines globally, reporting revenues for 2013 of €580
million.
Contact:
Jamie Roche
+44(0)1344631880
jamie@jamierochepr.co.uk