Mike Ballet
Group Treasurer and Credit Manager
Aviapartner Holding NV, Belgium
- Industry:
- Aircraft passenger, ramp and cargo services
- Annual turnover:
- €355m
- Treasury staff:
- 3
- Treasury structure:
- Centralised
- TMS:
- Yes
- Cross-border pooling:
- Yes
- Cash rich or debt:
- Cash rich
Speaker profile
Mike started his career as Account Manager at Generale Bank (now BNP Parisbas Fortis). He switched over to The Sanwa Bank Limited Brussels Branch as Corporate Officer, and later Corporate Dealer. In 1998 he was appointed Treasurer of Fabricom GTI, a Suez Energy Services subsidiary. From June 2008 he is the Group Treasurer and Credit Manager at Aviapartner Holding NV.
Corporate profile
Aviapartner, founded in 1949 (previously Belgavia) is a full service independent European ground handling company, headquartered in Belgium / Brussels . Its main shareholders are management and 3i, a private equity company. The key activities include passenger, ramp and cargo handling services and executive aviation in 35 European airports, located in Belgium, France, Germany, Italy and the Netherlands. With around 6000 staff, it provides handling services to 400 airlines and handles around 30 million passengers (300.000 aircraft movements) and 1 million tons of cargo per year. The company is net debt free and has started expanding its network in new European cities and countries.
