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Swissport International Ltd. and Scandinavian Airline Systems today announced they have signed a Letter of Intent. The letter creates the basis for continued negotiations between the two companies, aiming at an agreement to transfer full ownership of SAS´ ground handling in Denmark, Sweden and Norway to Swissport. As a first step, both parties intend to establish a joint venture company to which the business and operations of SAS cargo handling and Spirit will be transferred.
