The Swiss company, global market leader in ground and cargo handling, now holds 100 percent of the leading ground handler in Australia and New Zealand.
The acquisition of Aerocare was announced in November 2017. It has received all regulatory approvals, including that of Australia’s Foreign Investment Review Board.
Founded in 1992, Aerocare is today the market leader in the region. It employs more than 3000 and provides services to major domestic and international airlines across 36 airports in Australia and New Zealand. Swissport, via its Aerocare acquisition, gains access to a very attractive client base.
The company manages more than 160’000 flights and serves some 15 million passengers annually. This adds roughly 6% to Swissport’s overall volume of passengers served, which stood at 250 million across its global network in 2017, now increasing to 265 million including Aerocare.
The management team of Aerocare will continue to run the business in Australia and in New Zealand from its Australian office. This is to ensure continuity in service quality and in client-relations management.
The management team will also play a key role in further developing the Swissport organization in the Asia Pacific region.