Swissport 'exploring all avenues' to bolster liquidity in response to COVID-19

Swissport stated (08-Jun-2020) the group is looking to raise additional liquidity to compensate for the revenue impact of travel bans imposed by governments globally and to carry it through the COVID-19 market recovery. Swissport added it is "exploring all avenues" to boost liquidity with a focus on the capital market. "Discussions with lenders and investors to secure the required liquidity and to ensure the company's post-crisis stability are on a good path and Swissport remains confident to raise the necessary liquidity within the available time frame", the company concluded. [more - original PR]