Spain-based Acciona has taken control of Andes Airport Services in Chile.
The moves sees the handling company add all the handling operations for the LATAM group in Santiago de Chile to its portfolio of businesses, as well as a long-term contract to provide ramp handling services to the airline at Santiago airport; some 1,000 staff will be involved in this venture. Andes Airport Services is currently the leading provider of ramp services in Santiago de Chile, serving nearly 45,000 flights each year.
The rapid growth of the airport handling services business has enabled Acciona to commit to Chile as a strategic growth market in this sector, from a position of leadership at the country’s largest airport. Following the acquisition of Andes Airport Services, the company now has a market share of over 60%.
