Groundforce Renews Two Important Ground Handling Contracts

Groundforce has just secured two new contracts in Portugal, with the airlines Air France and KLM.

The contract signed by Air France is valid from April 1st 2006 until March 31st 2009, and provides full handling services in the airports at Lisbon, Faro, Funchal and Porto Santo. This airline made 3,339 movements to Portugal in 2005.

With KLM, the contract established contemplates the provision of full handling services by Groundforce in the Handling Unit of Lisbon, also from April 1st 2006 until March 31st 2009. In 2005, KLM operated 875 flights to Portugal.

Both of the contracts signed now represent a total invoice value estimated at more than 10 million euros, contemplating the whole period they will be in force.

In business since 1933, Air France is a leading airline in Europe, with its head office in the Roissy-Charles de Gaulle airport in Paris. Flying to around 185 destinations in 83 countries, this company operates 1,800 flights daily.

In turn, KLM Royal Dutch Airlines is a Dutch airline founded in 1919. With a fleet comprising around 190 aeroplanes, KLM flies to 250 destinations around the globe.

In 2004 these two airlines merged, an operation which led to the Air France – KLM Group. In the 2005-2006 financial year the group’s turnover increased 10%, reaching 21,400 million euros. Its operating profits increased even more dramatically, by around 69%, amounting to 936 million euros.

The companies continue to enjoy a strong financial position sustained by the doubling of its results published recently.

Taking into account the importance of the two airlines in question and the current intensity of competition, Groundforce is very pleased and proud to continue to count on Air France and KLM in its portfolio of clients.

Copyright © 2006 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.