Ground_Support_September2020 - 6

Upcoming Events

BUSINESS BUZZ

Canceled Events

IATA Global Airport and
Passenger Symposium (GAPS)
NBAA-BACE

TOP NEWS

Postponed Events

RAA Annual Convention

Sept. 22-24

NATA Ground Handling Safety
Symposium
Virtual Event

Sept. 29-30

2020 Global Sustainable
Aviation Forum - Green
Recovery
Virtual Event

Oct. 12-16

2020 ACC Annual Meeting
Virtual Event

Oct. 27-29

MRO TransAtlantic
Virtual Event

Nov. 10-12

TIACA Air Cargo Forum 2020
Miami, FL

Nov. 23-24

IATA Annual General Meeting
and World Air Transport
Summit
Amsterdam, Netherlands

Amerijet Earns IATA's CEIV
Pharma Re-Certification

Amerijet International Airlines has
completed its IATA CEIV Pharma
re-certification for the handling of temperature-controlled healthcare and life science
products. The re-certification reaffirms
Amerijet's ability to safely handle high value,
time-sensitive and temperature-controlled
pharmaceutical cargo with speed, reliability
and efficiency.
"The pharmaceutical supply chain consists of a historically demand-driven as well
as a growing patient-driven model, due to
the rise of personalized medicines, which
makes speed and traceability even more
relevant," said Amerijet's vice president of
airport operations Rasheme Richardson. "We
provide our customers with quality standards through uniformed processes, transparency and a compliant network."
In 2017, Amerijet was the first U.S.-based
all-cargo airline to be awarded the globally
recognized CEIV Pharma certification.

Swissport Secures €300
Million Additional Liquidity

Swissport received a binding commitment
from an ad hoc group (AHG) of senior
secured creditors, subject to final documentation, for the provision of an interim super
senior facility of 300 million euros, which
delivers immediate liquidity for Swissport
to trade through the COVID-19 market cri-

OCTOBER 5-7, 2021
RIO ALL SUITES HOTEL
AND CASINO
LAS VEGAS, NEVADA

6 GROUND SUPPORT WORLDWIDE

SEPTEMBER 2020

sis and the restructuring process. The 300
million euros adds to the more than 200
million euros liquidity Swissport still had as
of Aug. 18.
In addition, an agreement "in principle"
has been reached for a comprehensive
restructuring and refinancing of Swissport,
involving senior secured creditors, led by
the AHG, lenders under Swissport's PIK
facility agreement and HNA Group Co., Ltd.,
Swissport's current shareholder. The comprehensive restructuring will significantly
deleverage the balance sheet and provide
500 million euros in new long-term debt
financing, which will eventually replace the
300 million euros interim facility. Detailed
terms of the comprehensive restructuring
will be released in due course once documentation has been finalized.

Air BP and Neste to Offer
Increased Volume of SAF in
Europe

Air BP and Neste have signed an agreement
to offer an increased volume of sustainable
aviation fuel (SAF) to airport customers
in 2020 and 2021. Air BP will make the
Neste-produced SAF available at selected
airports in Europe, including Stockholm
(ARN) and Oslo (OSL). The increased
supply of SAF comes in response to rising
demand from existing and new airline customers, as well as from Norway, where there
is a mandate requiring 0.5 percent of all jet
fuel sold to be SAF.
"BP's ambition is to be a net zero company
by 2050 or sooner and to help the world
get to net zero. Air BP aims to support our
customers and the wider aviation industry
on their path to meet their low carbon goals.
We believe sustainable aviation fuel will play
an important role as the industry recovers
from the impact of the COVID-19 pandemic.

Ground_Support_September2020

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