Changes in Top Management Within the Swissport Group

Zurich, October 11, 2006 - Swissport International, the world's leading provider of ground services to the aviation industry, is pleased to announce the appointment of Klaus Herms to its Board of Directors. In further personnel news, Philipp Joeinig is to join Swissport Group Executive Management as Executive Vice President Operations. Group Executive Management will also see a change of personnel in its Cargo portfolio: present incumbent Ludwig Bertsch is to leave Swissport by mutual agreement to seek a new professional challenge, and will be succeeded by Michel Jansen. And at Swissport Zürich, current Station Manager Marcel Hungerbühler is leaving the company, and will be handing over his duties to Adrian Melliger.

Having posted further encouraging results (including a year-on-year revenue increase of around 10%) for its business operations in the dynamic aviation sector for the first half of 2006, Swissport now reports a number of changes in its top management ranks.

Klaus Herms, CEO of Kühne + Nagel, has been appointed to the Swissport International Board of Directors. With his extensive experience of the logistics business, Herms will make an invaluable contribution to the company's overall strategic management.

Philipp Joeinig, 30, who is currently with management consultants Lausanne Consulting Group, is to join Swissport International's Group Executive Management at its Zurich head office on January 1, 2007. As Executive Vice President Operations, Joeinig will be in charge of IT, supply management and all operational support throughout the Swissport Group.

After four successful years as Executive Vice President Cargo, in charge of all Swissport's airfreight activities worldwide, Ludwig Bertsch, 46, will leave the company at the end of 2006 to take on a new professional challenge within the industry. During his tenure, Bertsch has overseen a global expansion of Swissport's air cargo handling activities that has established the company as the world leader in this particular market. Swissport extends its sincere thanks to Ludwig Bertsch for all his service and support over the past few years, and wishes him every success in his further professional career.

In Michel Jansen, 35, Swissport has found an excellent in-house successor to Ludwig Bertsch. Jansen spent over ten years in various senior management positions at cargo specialist CSC, culminating in his appointment as CFO prior to Swissport’s acquisition of the company. Since then, he has been entrusted with Swissport executive duties in finance and other business units, most recently as Vice President Corporate Controlling, where he has also been responsible for investment analyses. Jansen will assume his new Executive Vice President Cargo duties in the next few weeks.

Marcel Hungerbühler, 56, is leaving Swissport Zürich to pursue a new challenge elsewhere: he will be assuming a management function at the new airport in Bangalore, India at the beginning of 2007. Swissport offers its sincere thanks to Marcel Hungerbühler for his skilled management of the biggest station in its network, and wishes him every success in its new position.

Marcel Hungerbühler will be handing over the management of Swissport’s Station Zurich to Adrian Melliger at the end of this year. As former CFO of Swissport Zürich, Melliger, who is 35, is excellently acquainted with both the ground handling sector and local market needs. In his new capacity, he will also retain his current simultaneous responsibility for Swissport’s Swiss and German country organisations, a dual position he has held since June 2006.

Loading