Qatar's Guillaume Halleux takes on Swissport CCO role
Guillaume Halleux has left Qatar Airways Cargo, as exclusively reported by The Loadstar in June ...
Troubled Chinese conglomerate HNA Group has again postponed the repayment of a loan from subsidiary Swissport, while it “concludes the assessment of its strategic options” for the Swiss handler.
After HNA borrowed €360m, Swissport received some €83m in May last year and agreed to wait five months for the balance.
This agreement was stretched in October and will now be “further continued”.
Swissport will be receiving interest at market rates, but the extension suggests HNA is again considering its options for the handler.
HNA Group bought Swissport amid much ...
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
Temporary tariff relief brings on early transpacific peak season
Pre-tariff rush of goods from US to China sees air rates soar, but not for long
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Comment on this article