Swissport has become the new owner of Servisair, creating a ground handling giant with a SFr3 billion ($3.3 billion) turnover. The two companies—both active in ramp, passenger, baggage and cargo handling—began exclusive talks in July. The European Commission gave its conditional go-ahead Dec. 19, subject to the disposal of ground handling activities at four airports. The deal was completed Dec. 23. During 2014, Servisair will be completely integrated into Swissport. Further ...

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