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Jan 07, 2021 (newstodate): Swissport has announced a restructuring of its businesses in Denmark, Belgium, and the Netherlands, with effect from January 5, 2021, according to Belgian news media.
The new setup follows on the completion by December 21, 2020, of Swissport's financial restructuring where ownership of the company was transferred from the Chinese HNA Group to a group of financial investors led by the former senior secured lenders of Swissport.
Heading Swissport in Denmark, Belgium and the Netherlands as CEO is now Thierry Miremont, responsible for Swissport Transformation, Restructuring and Turnaround since April 2020.
Swissport launched business at Copenhagen Airport on July 1, 2012, as part of a wider Nordic strategy.
Cargo handling operations were opened at the former Novia Cargo Terminal on the airport's eastern premises, left vacant after Spirit Air Cargo Handling's move to new facilities from March 13, 2012.
Then, on August 29, 2014, WFS signed an agreement to acquire Swissport's cargo business at Copenhagen Airport, with effect from October 1, 2014, leaving Swissport with ground handling ambitions only.
Ambitions were high; on March 7, 2013, Swissport and SAS announced they had signed a LoI aiming at an agreement to transfer full ownership of SAS' ground handling activities in Denmark, Sweden and Norway to Swissport - a project that was however finally abandoned in June 2015.
Today, Swissport's only remaining activity at Copenhagen Airport is the Aspire Business Lounge, but with the new organizational structure including Denmark alongside the Dutch and Belgian market Swissport may be signaling a fresh attempt in the Danish market where competition has changed with Aviator's current plights causing a loss of key airline customers to Menzies.