Ground handler Swissport has agreed to buy Air France out of a cargo-handling joint venture at London Heathrow Airport. The Zurich-based company announced Feb. 11 that it had agreed to acquire Air France’s 50% stake to become the sole owner of Heathrow Cargo Handling. The deal is expected to close in the first half of 2019, subject to regulatory approval. Financial terms of the transaction were not disclosed. Through the joint venture, Air France and Swissport have been providing ...

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