gategroup announces 2021 full-year results

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), published today its full-year results and Annual Report for the financial year ending 31 December 2021. Revenues were increased by 35% to CHF 2.097 billion in 2021 (vs. CHF 1.552 billion in 2020). EBITDA was positive, with a profit of CHF 60.5 Read more about gategroup announces 2021 full-year results[…]

gategroup gibt Ernennung von Christoph Schmitz zum neuen Vorstandsvorsitzenden bekannt

gategroup, der weltweit führende Anbieter von Airline-Catering und Food-Services, gab heute bekannt, dass Xavier Rossinyol zum 1. November 2021 als Chief Executive Officer zurücktritt, um sich neuen Herausforderungen ausserhalb der Airline-Branche zu stellen. Sein Nachfolger wird Christoph Schmitz, CFO der gategroup seit Januar 2015. Xavier Rossinyol kam im April 2015 zu gategroup und führte das Read more about gategroup gibt Ernennung von Christoph Schmitz zum neuen Vorstandsvorsitzenden bekannt[…]

gategroup announces appointment of Christoph Schmitz as new Chief Executive Officer

gategroup, the leading global airline catering and food services provider, today announced that Xavier Rossinyol will step down as Chief Executive Officer effective November 1, 2021 to pursue new challenges outside of the airline industry. He will be succeeded by Christoph Schmitz, gategroup’s Chief Financial Officer since January 2015. Xavier Rossinyol joined gategroup in April Read more about gategroup announces appointment of Christoph Schmitz as new Chief Executive Officer[…]

gategroup announces 2020 full-year results

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), published today its full-year results and Annual Report for the financial year ending 31 December 2020. Revenues were reduced to CHF 1.55 billion in 2020 (vs. CHF 4.96 billion in 2019) due to the near-global air travel shutdown. EBITDA was a loss Read more about gategroup announces 2020 full-year results[…]

gategroup partners with SWISS to bring Confiserie Sprüngli to their new SWISS Saveurs menu

Leading catering, equipment and food services provider gategroup has joined with partner airline SWISS to provide the culinary and flight optimization services needed to serve passengers fresh offerings from Confiserie Sprüngli, within the SWISS Saveurs concept. Established in 1836, Confiserie Sprüngli has long been an international byword for products of outstanding quality and freshness made Read more about gategroup partners with SWISS to bring Confiserie Sprüngli to their new SWISS Saveurs menu[…]

Positioning for post-COVID future – Update on Restructuring Plan – Restructuring Plan approved by English Court

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that the English Court has approved the English law restructuring plan under Part 26A of the United Kingdom’s Companies Act 2006, a key part of the financial restructuring designed to position the Group for a post-COVID future. The Read more about Positioning for post-COVID future – Update on Restructuring Plan – Restructuring Plan approved by English Court[…]

Gastronauts are Go as gourmet menus launch into space

Servair works with the European Space Agency to deliver menus for Astronauts Adamski’s team look to honor French cuisine in their cosmic creations Many technical challenges overcome to deliver to the gastronauts Servair, the French and African leader in airline catering and a member of gategroup, has been asked by the European Space Agency, to Read more about Gastronauts are Go as gourmet menus launch into space[…]

Positioning for post-COVID future – Update on Restructuring Plan – Creditor Approval Achieved

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that the meetings of (i) the Bondholders and (ii) the Senior Lenders, have each approved the English law restructuring plan, a key part of the financial restructuring designed to position the Group for a post-COVID future.   Background Read more about Positioning for post-COVID future – Update on Restructuring Plan – Creditor Approval Achieved[…]

Positioning for post-COVID future – Update on Restructuring Plan – Key Milestone Achieved

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), announces that an explanatory statement has today been published to Bondholders and Senior Lenders in connection with gategroup Guarantee Limited’s (the "Plan Company") financial restructuring plan designed to position the Company for a post-COVID future.   Background   As announced on 26 Read more about Positioning for post-COVID future – Update on Restructuring Plan – Key Milestone Achieved[…]

Positioning for post-COVID future – Update on Restructuring Plan

  Background As announced on 26 November 2020, gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), the Group, its shareholders, RRJ Capital and Temasek (the "Shareholders") and all of the Group’s bank lenders under the senior facilities agreement dated 30 November 2018 (the "Senior Lenders" and the "SFA", respectively) have Read more about Positioning for post-COVID future – Update on Restructuring Plan[…]