GROUND handler Swissport saw its air cargo volumes decline last year as economic conditions took their toll.
Swissport handled a total of 4.7 million tonnes of cargo last year at 115 air cargo centres worldwide compared with 4.8 million tonnes in 2022.
'Wage inflation, rising interest rates and the wars in Ukraine and Gaza continue to negatively impact global business and consumer confidence,' the company said.
However, the firm is positive about the year ahead and is expecting continued recovery in the passenger sector.
Last year, Swissport handled a 15.3 per cent increase in flight numbers to 3.9 million as passenger operations resumed.
'After the bumpy return of global air traffic to normal operations in 2022, Swissport in 2023 has delivered the reliable, clockwork type ground operations airlines seek,' said Warwick Brady, president and chief executive of Swissport International.
He added: 'We continue to invest in product and service innovations and in operational excellence, leveraging the potential of digital innovation and AI supported solutions to drive value creation for Swissport and our customers.'
SeaNews Turkey
Swissport handled a total of 4.7 million tonnes of cargo last year at 115 air cargo centres worldwide compared with 4.8 million tonnes in 2022.
'Wage inflation, rising interest rates and the wars in Ukraine and Gaza continue to negatively impact global business and consumer confidence,' the company said.
However, the firm is positive about the year ahead and is expecting continued recovery in the passenger sector.
Last year, Swissport handled a 15.3 per cent increase in flight numbers to 3.9 million as passenger operations resumed.
'After the bumpy return of global air traffic to normal operations in 2022, Swissport in 2023 has delivered the reliable, clockwork type ground operations airlines seek,' said Warwick Brady, president and chief executive of Swissport International.
He added: 'We continue to invest in product and service innovations and in operational excellence, leveraging the potential of digital innovation and AI supported solutions to drive value creation for Swissport and our customers.'
SeaNews Turkey