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HNA Group Completes Acquisition of Swissport

Acquisition significant for ANC


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(ANCHORAGE, Alaska) – HNA Group Co. Limited has closed on its acquisition of Swissport, the world’s largest aviation ground handling and cargo service businesses in the world. Swissport currently operates at the Ted Stevens Anchorage International Airport (ANC). This acquisition is significant for ANC, which serves as a nexus between the Asian and North American air cargo market.

According to ANC Airport Manager John Parrott, “This acquisition should only serve to strengthen the strong ties that ANC has with China due to the current global air cargo supply chain routes.”

Swissport currently provides above and below wing ground and passenger handling services including cargo transloading for any type of aircraft. Their customers include Korean Air, Cathay Pacific, Air China, China Southern, Nippon Cargo Airlines, Polar Air Cargo, Japan Airlines, Atlas Air Cargo, Air Canada, Icelandair. Additionally, they provide aircraft maintenance and deicing services as well as a ground service equipment repair facility and fuel sales.

Swissport has been a part of the ANC operation for 52 years. They continue to operate with a high level of experience and excellent performance.

HNA Group is a Fortune Global 500 organization based in China owning companies in aviation and tourism world-wide. HNA started as a local aviation transportation business, but now has grown to be a multinational conglomerate. In 2014, HNA Group had revenues in excess of US $25 billion, US $72 billion in assets, 11 listed companies, and more than 110,000 employees worldwide.

Ted Stevens Anchorage is a part of the Alaska International Airport System (AIAS) which includes Fairbanks International Airport; it is home to over 30 international and domestic airlines providing passenger and cargo service throughout Alaska, the United States, Europe, and Asia.

AIAS is an extraordinary economic engine; serving nearly 6 million passengers per year and accounting for 1 in 10 jobs in Anchorage and 1 in 20 jobs in Fairbanks. The purpose of AIAS is “To Keep Alaska Flying and Thriving.”

 

The Alaska Department of Transportation and Public Facilities oversees 249 airports, 11 ferries serving 35 communities, 5,619 miles of highway and 720 public facilities throughout the state of Alaska. The mission of the department is to “Keep Alaska Moving through service and infrastructure.”

 

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