The consortium led by Lagardère Travel Retail together with Saudi Airlines Catering Company (SACC), and Arabian Ground Handling Logistic Company, has been awarded another airport concession in Saudi Arabia, this time in Dammam.

 

As previously reported, LTR announced a new contract gain with the award of a 2,040sq m duty free concession at Riyadh’s King Khaled International Airport in Saudi Arabia in October, as part of the same consortium.

 

The Dammam five-year concession contract, announced today covers 1,834sq m of commercial space at King Fahd International Airport.

 

This will be split between two Aelia Duty Free stores – 1,337sq m and 479sq m respectively – offering perfumes, confectionery, foodstuff, electronics, fashion & luxury, watches & sunglasses, toys, local products and souvenirs.

 

LTR’S MIDDLE EAST DEVELOPMENT STRATEGY…

In 2015, more than 5m international passengers used Dammam King Fahd International Airport as their origin, destination or transit point.

 

Dag Rasmussen, Chairman and CEO of Lagardère Travel Retail stated: “Lagardère Travel Retail is extremely proud to be awarded a very significant concession in King Fahd International Airport in Dammam.

 

“This award is a mark of confidence from Dammam King Fahd International Airport and a proof of the success of our development strategy in the Middle East. It is also a great illustration of the professionalism of our partners, who took a very active part in this achievement.”

 

Wajdy Al-Ghabban, CEO Saudi Airlines Catering added “The new contract of KFIA duty free is a continuation to our successful partnership, which already has resulted in GACA* to award us the concession to operate duty free shops in King Khalid International Airport’s Terminal 1 and Terminal 2 in Riyadh.

 

“It is clear that our co-operation is on a solid ground meeting the high expectations and international standards set by GACA.”

 

*GACA = General Authority of Civil Aviation