American Airlines founded AMR Services, a ground handling company.
AMR Services acquired French-based SFS, forming a powerful European and North American cargo and ground handling business.
SFS/AMR merger renamed Worldwide Flight Services (WFS) to reflect global expansion of the group.
WFS started joint venture with Bangkok Airways at Bangkok Airport, providing ground and cargo services.
WFS bought 60% stake in British Airways Regional Cargo, making it UK’s largest cargo warehouse provider.
WFS entered Latin America ground handling market with controlling share of Orbital Group, operating at 19 airports in Brazil.
WFS acquired 51% shareholding in Fraport Cargo Services and entered Spanish ground handling market at 5 airports.
WFS acquired Consolidated Aviation Services (CAS) and became leading
ground handling and cargo company in North America.
Cerberus Capital Management, L.P. (“Cerberus”) acquired WFS from Platinum Equity.
WFS acquired Mercury Air Cargo and Pinnacle Logistics, two leading US cargo handlers as well as R.A.Hand for freight forwarder handling services in France.
WFS is awarded a 15-year concession to operate its first cargo handing operation in India at BLR Airport, Bengaluru.
SATS Completes Acquisition of Worldwide Flight Services