Swissport and South African Airways sign major five-year agreement covering six airports

Johannesburg/Zurich, December 18th, 2008 - Swissport International,
the world's leading provider of airport ground services to the
aviation sector, has concluded a multi-year collaboration agreement
with South African Airways. Under the new accord, Swissport will
provide ground handling services for some 60 000 flights a year of
South Africa's national carrier at Johannesburg, Cape Town, Durban,
Port Elizabeth, East London and George airports. The agreement, which
will run from 2009 to 2014, confirms and further strengthens the
partners' strong business ties.

Africa is becoming an increasingly important component in Swissport's
global operations. The world leader in the airport ground handling
field is already active at 16 stations in seven African countries.
And Swissport is also well represented in South Africa, whose status
as a strong industrial nation is set for further growth. Swissport
and its 1800 local personnel already handle the entire 58-aircraft
South African Airways (SAA) fleet at the carrier's home base. And SAA
will now be entrusting all its ground services - for over 5 000
flights a month - to Swissport's care for a five-year period from
February 1, 2009.

"We're pleased and proud to receive such a vote of confidence in our
services," says Willy Hallauer, CEO of Swissport South Africa. "We've
clearly been able to convince SAA over the past few months that we're
an excellent partner for them in quality, flexibility and reliability
terms. We've made tangible progress on other fronts, too:
in safety and security, with our 'zero tolerance' project, and
through innovations in areas like our baggage handling processes. And
I'm delighted we'll now be working even more closely with our local
home carrier."

SAA CEO Khaya Ngquala says that Swissport has proven its abilities
over the past year during which the ground handling firm has been
working with the Airline. "One of SAA's key restructuring goals is to
improve customer service and on-time-performance. We need a world
class ground handling firm to help us achieve this," he says.

Swissport South Africa has been expanding substantially since July of
this year, when, after an extensive tender process, it won licences
from Airports Company South Africa (ACSA) to provide ground services
at ten of the country's airports for a five-year period. Swissport
has also invested several million US dollars in equipment and
infrastructure over the past few months, to meet the needs of its
existing ground handling customers even better than before.

Swissport International Ltd., which is owned by Ferrovial, a leading
European infrastructure and service corporation based in Spain,
provides ground services for over 70 million passengers and 3.2
million tonnes of cargo a year on behalf of some 650 client
companies. With its workforce of around 30 000 personnel, Swissport
is active at 183 airports in 42 countries on five continents, and
generated consolidated operating revenue of CHF 1.9 billion (EUR 1.3
billion or USD 1.8 billion) last year. www.swissport.com /
www.ferrovial.com

South African Airways (SAA) is one of the leading carriers on the
African continent,
Consistently receiving the accolade of Best African Airline. Its
vision is to be an African airline
with global reach. The airline is one of the oldest in the world,
having reached the grand age of 74 years.
It is solely owned by the South African Government and falls under
the Department of Public Enterprises.
In 2007/08, SAA flew more than 7,4-million passengers and had a
workforce of 8 227 people.
SAA joined the world's largest global airline network, Star Alliance
on 10 April 2006. www.flysaa.com

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