A few months after winning a large market over seven years in Morocco, Swissport, the Swiss handling giant, is boosting its main Moroccan subsidiary.
The world leader in airport services, Swissport, has just increased the capital of its Moroccan subsidiary sixfold by raising it to 60 million dirhams. This massive recapitalization allows the entity created in 2012 to finance its rapid expansion in Moroccan territory which has led it to handle today more than 60,000 flights per year (or nearly 8 million passengers per year), against barely 22,000 flights in 2016, through the fifteen airports where it operates (Tangier, Rabat, Nador, Oujda, Al Hoceïma, Tétouan, Marrakech, Agadir, Fès, Ouarzazate, Essaouira, Laâyoune, Dakhla and Errachidia).
It must be said that for a few years, Morocco has been gaining strength in the African system set up by the Swissport group by becoming, first of all, an important market with a portfolio of around thirty customers (including Lufthansa, Air Arabia, Air Canada, British Airways, EasyJet, Ryanair, Iberia, Swiss, TAP Portugal) and a workforce of around a thousand employees, but also by establishing itself as a real regional hub for its operations in Africa.
Moreover, the group based in Opfikon, near Zurich, recently created a third subsidiary in Morocco after Swissport Maroc and Swissport Executive Aviation Maroc (structure in charge of handling services intended for business aviation at airports. Casablanca, Marrakech, Rabat and Tangier). This is Swissport North and Francophone Africa (SNFA) which has already obtained CFC (Casa Finance City) status and which will be responsible for ensuring from Casablanca management, marketing, promotion, execution, communication as well as administrative and financial management for all of the Swiss group’s activities in North Africa and French-speaking Africa.