Swissport has signed a binding agreement to acquire Swiftair Maroc, a cargo handling specialist at Casablanca’s Mohammed V International Airport, the gateway that processes roughly 95% of Morocco’s total air cargo.
Swiftair Maroc operates a 3,700 m2 (40,000 ft.2) airside warehouse with dedicated 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,” adding that the deal supports the company’s strategy to expand its global cargo business.
“As a pivotal gateway between Europe, Africa and the Americas, Morocco supports strong export industries such as automotive, aerospace, agriculture and textiles, while also facilitating critical imports,” he said.
Swiftair Founder and CEO Salvador Moreno said the disposal is part of Swiftair’s strategy to exit non-core activities and further strengthen its leadership in the air cargo market.
Morocco’s air cargo market has experienced steady growth, driven by the country’s expanding export base and strategic geographic position.
Dirk Goovaerts, Swissport’s CEO for Continental Europe, Middle East, Africa, India and Global Cargo Chair, said the deal presents “clear opportunities to increase capacity and strengthen capabilities in high-value and specialized cargo handling.”
Swissport Maroc currently provides ground handling services at 16 airports nationwide, operates executive aviation fixed-base operator services in Marrakesh, Casablanca and Tangier. It also manages 10 airport lounges across nine locations under its Aspire brand.
The transaction remains subject to regulatory approvals and other customary closing conditions.
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