Penauille Servisair and Louis Tourist Agency Announce Agreement

Aug. 18, 2006
Penauille Servisair will expand its station network to Cyprus following the signature of the agreement.

Penauille Servisair, the Global Aviation Ground Services Company will expand its station network to Cyprus following the signature of a Strategic Co-operation Agreement with Louis Tourist Agency.

Louis Tourist Agency is a leading Company in Aircraft Ground Handling Services in Cyprus, with a history and experience of many years. It services over 30 Airlines operating scheduled and chartered flights to and from Cyprus, serving around 12,000 flights and 2,000,000 passengers annually.

Penauille Servisair is one of the world's leading ground handling companies serving 102 million passengers and managing more than 1.4 million aircraft movements in more than 140 airports. The agreement will enable Penauille Servisair to market an expanded network of stations into the Cypriot market and covers Marketing, Technology, Quality and Training. Customer airlines will benefit from being able to contract with a single ground-handling supplier and receive outstanding levels of operational service by Louis Aviation Services at a wider number of locations around the globe.

As part of the agreement, Louis Tourist Agency will be an integral part of Penauille Servisair's global network. It will benefit from the extensive marketing of a number of quality ground handling services and will feature on Penauille Servisair's highly acclaimed website.

Jacques Guerin, Penauille Servisair Chief Executive Officer, commented: "This is a fantastic opportunity for us to develop and expand our international network. We're looking forward to working with Louis Tourist Agency and to entering the Cypriot market which has great potential. This new partnership will further improve our already comprehensive offering."

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