Swissport takes control of Heathrow Cargo Handling after 23-year JV

February 11, 2019 Alex Lennane

Swissport has acquired the remaining 50% stake in Heathrow Cargo Handling (HCH), taking its shareholding to 100%.
The Swiss handler has run the company since 1995 in a joint-venture with Air France.
In the year ending 30 September 2018, HCH had a turnover of £18m, up from £15.9m a year earlier, giving it an operating profit of £2.2m, up from £1.1m a year earlier.
The company said revenue had increased owing to larger ...

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