Groundfource foresees €2.85M investment in 2019

  • ECO News
  • 21 January 2019

Groundforce expects to invest around €2.85M this year, said Paulo Neto Leite, the CEO of the airport handling company.

Groundforce, a ground handling subsidiary owned by Portugal’s flag carrier TAP, expects to invest €2.85 million this year, said its CEO, Paulo Neto Leite, who is certain that the company will operate in the future complementary airport in Montijo.

When last year’s results are still unknown, Leite told Lusa of the estimated investment, saying that is in “a very large series of investments, which in 2018 amounted to €6.4 million,” particularly in equipment, working conditions, uniforms and “state-of-the-art information systems, and certifications aligned with the best practices of the market.”

The Lisbon airport capacity is to expand and provides for the transformation of the Montijo air force base to receive civil flights in 2022.

“With the solution presented, naturally, we consider that we have the necessary licenses for the operation in all terminals and extensions of Lisbon’s airport,” he told Lusa.

According to the agreement for the expansion, signed between the state and the airport operator ANA-Aeroportos, there will also be interventions at the current airport in Lisbon, which means an “increase in the number of movements and passengers transported, but also the improvement of working conditions for [Groundforce] employees, so that they can also provide better service to customers.”

As regards the 2018 results, which “will be published shortly,” Leite said that there will be “improvement compared to the previous year not only due to the growth of the activity but also resulting from process improvements and the optimization of the entire operational chain.”