newstodate.aero
Sep 13, 2006 (newstodate): Swissport International has concluded a JV agreement with Punj Lloyd Limited, one of India's largest engineering and construction companies.
The new joint venture will provide a vehicle for both partners to develop projects in the Indian ground handling market.
Swissport has substantially expanded its involvement in Asia's prime growth markets over the last few months, including the opening of a Singapore operation in March 2005, an acquisition in Korea in May 2005, and the acquisition of a Japanese-based company in August 2006.
No date has yet been set for the start of Swissport's Indian operations.
The new joint venture will provide a vehicle for both partners to develop projects in the Indian ground handling market.
Swissport has substantially expanded its involvement in Asia's prime growth markets over the last few months, including the opening of a Singapore operation in March 2005, an acquisition in Korea in May 2005, and the acquisition of a Japanese-based company in August 2006.
No date has yet been set for the start of Swissport's Indian operations.