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Civil news

Swissport International acquires minority stake in SAS' ground handling services

Swissport International Ltd. („Swissport”) and Scandinavian Airline Systems („SAS”) today announced they have signed an agreement by which Swissport acquires a 10% stake in each of SAS' three ground handling companies. The acquisition which has insignificant impact on profitability and liquidity of the SAS Group is effective as of 1stNovember 2013. The divestment and outsourcing […]