Swissport Acquires Swiftair Maroc to Enhance Cargo Capacity at Mohammed V Airport
Swissport has signed a binding agreement to acquire Swiftair Maroc, a cargo handling specialist at Casablanca's Mohammed V International Airport. This airport processes approximately 95% of Morocco's total air cargo. Swiftair Maroc operates a 3,700 m2 airside warehouse equipped with temperature-controlled infrastructure, including cold rooms for pharmaceutical products and perishable goods. Swissport International President and CEO Warwick Brady described Morocco as a 'dynamic and fast-growing market,' emphasizing that the acquisition aligns with Swissport's strategy to expand its global cargo business. Swiftair's Founder and CEO Salvador Moreno stated that the sale is part of Swiftair's strategy to exit non-core activities and strengthen its leadership in the air cargo market. The transaction is subject to regulatory approvals and other customary closing conditions.