Swissport International acquires minority stake in SAS´ ground handling services

Swissport International Ltd. (“Swissport”) and Scandinavian Airline Systems
(“SAS”) today announced they have signed an agreement by which Swissport
acquires a 10% stake in each of SAS’ three ground handling companies. The
acquisition which has insignificant impact on profitability and liquidity of the
SAS Group is effective as of 1stNovember 2013.
The divestment and outsourcing of ground handling is an important part of SAS´
strategy to further increase operational flexibility and effectiveness. The
agreement Swissport and SAS have now signed marks an important step in the
implementation of this strategy.

In March 2013, SAS and Swissport announced the signing of a Letter of Intent
paving the way for continued negotiations between SAS and Swissport related to
the complete outsourcing of SAS ground and cargo handling services in
Scandinavia.

The parties have agreed to put these negotiations on hold until after completion
of Swissport’s acquisition and integration of Servisair (subject to merger
clearance).

Per H. Utnegaard, Group President and CEO Swissport International: “The
agreement we announce today marks Swissport’s entry into the Scandinavian
market, and we are excited about establishing our presence here with SAS and
several other clients.”

Rickard Gustafson, Group President and CEO SAS: “I am very pleased to announce
this important step in our ground handling strategy: We set out to find an
industrial solution with a strong industry partner. With Swissport as a partner
we will be able to develop the business while still delivering high quality to
our customers.”

Swissport International Ltd. provides ground services for around 118 million
passengers and handles 3.5 million tons of cargo a year on behalf of some 650
client-companies in the aviation sector. With a workforce of around 40,000
personnel, Swissport is active at 181 stations in 37 countries across five
continents, and generates annual consolidated operating revenue of CHF 1.9
billion. www.swissport.com

Scandinavian Airlines

SAS is Scandinavia's leading airline with daily flights to destinations in
Europe, USA and Asia. SAS is a member of Star
Alliance™ (http://www.staralliance.com/en/) and, together with 26 partners we
offer over 1300 destinations worldwide in more than 190 countries. For more
information, visit www.flysas.com

For further information please contact:

Swissport International Ltd.

Corporate Communications

Phone:  +41 43 815 00 15

Email:   corporate.communications @swissport.com

SAS

Press Office

Phone: +46 8 797 2944