HNA Group: Big plans, but a long wait

This week, reports surfaced that the debt-laden HNA Group will seek to regain financial equilibrium by pursuing an IPO for its ground handler, Swissport, and by potentially offloading a mix of other assets. HNA claims that going public with Swissport will fuel Swissport’s long-term growth plans by providing additional liquidity. It remains unclear however, whether […]

Cargo handling news

WFS secures cargo contracts at Copenhagen and Malpensa.World Flight Services (WFS) acquired the Copenhagen Airport-based cargo-handling business currently run by Swissport Cargo Services Denmark. After a brief, two-year stint in Copenhagen, Swissport said that losses from the operation led to the decision to exit the Danish market. The company had earlier pulled out of cargo […]
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