Swissport

Swissport Selects Ceridian to Help Transform Global HR

Retrieved on: 
Thursday, October 26, 2023
Workforce, HCM, NYSE, TSX, CDAY, Airport, Swissport, Ceridian

Leveraging the Dayforce platform’s single data architecture, Swissport will unlock efficiencies and standardise its people processes on a global scale, including managed payroll and workforce management, to deliver a complete cloud HCM experience.

Key Points: 
  • Leveraging the Dayforce platform’s single data architecture, Swissport will unlock efficiencies and standardise its people processes on a global scale, including managed payroll and workforce management, to deliver a complete cloud HCM experience.
  • Dayforce will also help Swissport manage compliance across multiple geographies at scale and drive value through access to real-time, data-driven insights while streamlining existing manual processes.
  • “With the growing complexity of managing today’s boundless workforce, Ceridian’s momentum in the EMEA region is accelerating as more large organisations like Swissport choose Dayforce to help simplify their HR processes and drive efficiencies,” said Wendy Muirhead, Managing Director for EMEA, Ceridian.
  • “Dayforce is uniquely suited to help Swissport futureproof its global HR organisation within a single solution across their growing global operations.”
    To learn more about Ceridian’s modern cloud HCM software, please visit Ceridian.com/UK .

Aviapartner Became Leader in Airport Ground Services in Spain

Retrieved on: 
Tuesday, October 10, 2023
Other Travel, Air, Transportation, Transport, Travel, AENA, CLA, Safety, Aircraft, Visa requirements for European Union citizens, Airport, Workforce, Collective agreement, Collective Labor Movement, Airline, Aviapartner, EU, Swissport

Aviapartner is the big winner of the tender round for Airport Ground Services in Spain.

Key Points: 
  • Aviapartner is the big winner of the tender round for Airport Ground Services in Spain.
  • Aviapartner will offer their services in 12 of the 15 largest Spanish airports, including Madrid, Barcelona, Valencia, Málaga and Alicante.
  • The Collective Labor Agreement (CLA) for Airport Ground Services in Spain obliges the new license holders to take over the workforce of the previous operators in each airport.
  • Aviapartner also got confirmed it will be providing Airport Ground Services at the airport of Munich for the next seven years, replacing Swissport.

Finacity Facilitates the Upsize and Expansion of an Existing Receivables Securitization Program for Swissport International AG

Retrieved on: 
Monday, October 2, 2023
AUD, CHF, Pharmaceutical industry, Risk management, Swissport

STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.

Key Points: 
  • STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.
  • The expansion focuses on adding Swissport’s subsidiaries located in Switzerland.
  • The program now provides liquidity to Swissport in the U.S., Australia, and Switzerland with funding in three currencies: USD, AUD, and CHF.
  • Finacity has provided origination, analytic and structuring support and serves as the ongoing Administrator and provider of reporting services for the program.

Finacity Facilitates the Expansion of an Existing Receivables Securitization Program for Swissport International AG

Retrieved on: 
Wednesday, June 7, 2023
AUD, Pharmaceutical industry, Swissport

STAMFORD, Conn., June 07, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an expansion of its $75 million IFRS off-balance sheet receivables securitization program for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.

Key Points: 
  • STAMFORD, Conn., June 07, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an expansion of its $75 million IFRS off-balance sheet receivables securitization program for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.
  • The expansion focuses on adding Swissport’s subsidiaries located in Australia.
  • The program now provides liquidity to Swissport in the U.S. and Australia with funding in two currencies: USD and AUD.
  • Finacity has provided origination, analytic and structuring support and serves as the ongoing Administrator and provider of reporting services for the program.

Global Ground and Cargo Handling Services Market Outlook & Forecast Report 2023-2028 Featuring Key Vendors - Swissport, Dnata, Menzies Aviation, & Worldwide Flight Services - ResearchAndMarkets.com

Retrieved on: 
Friday, May 26, 2023
Logistics, Supply Chain Management, Air, Transportation, Transport, Travel, Atmosphere, Airport, USD, GDP, Investment, Growth, Bird Education Society for Travel & Tourism, Airline, Swissport

The "Ground and Cargo Handling Services Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ground and Cargo Handling Services Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The construction of various airports requires ground and cargo handling systems for several purposes, such as baggage & luggage handling, thereby supporting the growth of the global ground and cargo handling services market.
  • Ground handling services dominate the global ground and cargo handling services market owing to the increasing number of scheduled passengers.
  • Some vendors in the global ground and cargo handling services market are Swissport, Dnata, Menzies Aviation, and Worldwide Flight Services.

FTI Consulting Strengthens Business Transformation Capabilities in the Benelux Region with Addition of Senior Managing Director and Team of Three

Retrieved on: 
Wednesday, April 19, 2023
Workforce, FCN, Senior, FTI Consulting, Aviation, Business transformation, FTI, Swissport, Acquisition, Corporate finance, Travel, NYSE, Accenture, Management, Jasper

He joins with a team of three professionals, who add further depth to FTI Consulting’s bench of business transformation experts in Europe, the Middle East and Africa (“EMEA”).

Key Points: 
  • He joins with a team of three professionals, who add further depth to FTI Consulting’s bench of business transformation experts in Europe, the Middle East and Africa (“EMEA”).
  • Joining with Mr. Schrijver are Senior Director Christopher Jacobi, who is based in London, and Director Elena Zhiguleva and Senior Consultant Vikashini Kumar, who will be based in Amsterdam.
  • The team will bring 35 collective years of experience in aviation, human capital, turnaround and transformation-related projects to FTI Consulting.
  • Prior to FTI Consulting, Mr. Schrijver was responsible for leading key elements of the transformation agenda at Swissport International, a leading global ground handler for aviation.

With Sunwing acquisition approved, WestJet must ensure its plan will benefit workers, customers

Retrieved on: 
Saturday, March 11, 2023
Competition Bureau, WestJet, Sale, Acquisition, Private sector, Social justice, Transport Canada, ATS, Government, Unifor National Council 4000, Management, Unifor, Swissport, Sunwing Airlines

"In order to guarantee consistent high-quality service for customers, WestJet and Sunwing must ensure the existing collective agreements are respected, end their practice of contract flipping to reduce labour costs and start paying a living wage.

Key Points: 
  • "In order to guarantee consistent high-quality service for customers, WestJet and Sunwing must ensure the existing collective agreements are respected, end their practice of contract flipping to reduce labour costs and start paying a living wage.
  • WestJet and Sunwing announced the deal, subject to regulatory approval, on March 2, 2022, with the promise of lower prices for consumers and crew optimization for workers.
  • WestJet will have more work to do to improve job quality and attract more desperately needed workers to the industry.
  • Unifor represents 16,000 members across Canada in the aviation sector, including nearly 2,000 directly affected by the potential acquisition of Sunwing by WestJet, including 450 Sunwing pilots, 1,000 WestJet customer service representatives in Calgary, Vancouver and Toronto.

Swissport International Ltd. contract flip may impact up to 150 jobs at Montreal airport

Retrieved on: 
Tuesday, February 21, 2023
Unifor National Council 4000, John Menzies, Airport, Aviation, RPF, Unifor Local 444, Aircraft, Mental health, Airline, Swissport, Unifor

MONTREAL, Feb. 21, 2023 /CNW/ - Unifor is concerned that a contract flip that resulted in Swissport losing its contract with Pierre Elliott Trudeau International Airport will potentially leave up to 150 Unifor members without jobs by the end of June.

Key Points: 
  • MONTREAL, Feb. 21, 2023 /CNW/ - Unifor is concerned that a contract flip that resulted in Swissport losing its contract with Pierre Elliott Trudeau International Airport will potentially leave up to 150 Unifor members without jobs by the end of June.
  • Contract flipping leads to the chaos we are seeing at airports across the country," said Unifor National President Lana Payne.
  • "Each time a contract for an airport service flips, workers are forced to reapply for their job with the new company, often with significant wage cuts and reduced benefits.
  • The airlines chose three companies – a Quebec-based non-unionized company called, Trans-Sol Aviation Service, and two ground handling companies, Menzies Aviation and French-based Samsic Airport, neither of which have operated out of Montreal airport.

Finacity Facilitates a $75 Million Receivables Securitization Program for Swissport International AG

Retrieved on: 
Wednesday, January 18, 2023
Swissport, Growth, Pharmaceutical industry, Commercial property, Airline

STAMFORD, Conn., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully facilitated a $75 million IFRS off-balance sheet receivables securitization program for Swissport International AG (“Swissport”), headquartered in Opfikon, Canton of Zurich, Switzerland.

Key Points: 
  • STAMFORD, Conn., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully facilitated a $75 million IFRS off-balance sheet receivables securitization program for Swissport International AG (“Swissport”), headquartered in Opfikon, Canton of Zurich, Switzerland.
  • The program focuses on Swissport’s subsidiaries located in the United States.
  • Finacity has provided origination, analytic and structuring support and serves as the ongoing Administrator and provider of reporting services for the program.
  • Group Treasurer of Swissport International AG, Peter Zmidzinski, commented on the program, saying, “We are very pleased to be able to execute in a timely and efficient manner thanks to our US team and external advisers.

Unibail-Rodamco-Westfield Announces Dany Nasr as CEO URW Airports

Retrieved on: 
Wednesday, January 18, 2023
Other Transport, Commercial Building & Real Estate, Public Transport, Construction & Property, Air, Transport, REIT, Transportation, Travel, CDPQ, URW, Los Angeles International Airport, Senior, Swissport, Growth, John F. Kennedy International Airport, Westfield World Trade Center, Airport, PricewaterhouseCoopers, Multimedia, Airline, Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield (“URW”) today announced the appointment of Dany Nasr as CEO URW Airports, leading the continued growth of its award-winning portfolio of airport and transit retail programs.

Key Points: 
  • Unibail-Rodamco-Westfield (“URW”) today announced the appointment of Dany Nasr as CEO URW Airports, leading the continued growth of its award-winning portfolio of airport and transit retail programs.
  • View the full release here: https://www.businesswire.com/news/home/20230118005185/en/
    Unibail-Rodamco-Westfield (URW) names Dany Nasr CEO of URW Airports.
  • Nasr joins URW as it begins its role as the exclusive commercial developer and manager for the new $9.5 billion Terminal One at John F. Kennedy International Airport.
  • Prior to joining URW, most recently Nasr was an operating partner at CDPQ supporting their large infrastructure transport investments.