- In 2004, Duty Free revenues at the airport amounted to CAD $61.75m on a surface area of 2,685 m², to which another 1,110 m² are being added
- The contract will run eight years, with an option on a further two
- The bid was developed jointly with HMSHost Corp.
Milan, 13 October 2005 - Aldeasa S.A., the world’s fourth biggest airport Retail & Duty Free operator, owned 50% by Autogrill S.p.A. (Milan: AGL IM) and 50% by Altadis S.A. (Madrid: ALT SM), has been awarded the Duty Free concession contract at Vancouver International Airport, the second largest passenger gateway on America’s West Coast.
The bid was developed jointly with HMSHost Corp., a subsidiary of Autogrill Group Inc. operating mainly in the airport channel. The Airport Authority issued a Request for Proposals in May 2005, with five firms submitting proposals. The proposals were judged on a number of criteria including customer service, marketing plans and pricing.
The contract, the first the Company has been awarded since the acquisition process was completed, will run for eight years, plus a two-year option.