Inflight Service Estonia and Tallinn Airport management have signed a new five-year duty free contract extension at Tallinn International Airport.
The airport is expected to handle around 2.6m passengers in 2013 with passenger growth expected to boost this closer to 4m by 2017.
This new agreement covers all three traditional duty free product categories, including liquor and tobacco, confectionery and perfumes and cosmetics, with the respective shop sizes as follows: Main Store 538sq m; Last Minute Store 85sq m; and Non-Schengen Store, 75sq m.
Inflight Service says that the new shops will be completely rebuilt ‘to meet the high expectations of the Tallinn Airport and the increasingly high demand of the passenger’s visiting Tallinn Airport.’
In addition, a brand new ‘modern and exciting’ shop concept which will form the template for all new Inflight Service shops in the future will be introduced at Tallinn Airport. Rebuilding will start in January 2013 and is expected to be complete in March 2013.
In a statement, the travel retailer said: “Through this major investment and the anticipated increase in net profit, the new contract will significantly increase Inflight Service’s contribution to Tallinn Airport’s development and Inflight Service will be responsible for a major part of the non-aviation income at Tallinn Airport.”
Adding his comments, Björn Ulfberg, CEO of Inflight Service Europe AB (pictured) said: “We are very proud and pleased to have been given the responsibility to continue to operate the shops at Tallinn Airport.
“We see this to be evidence of our commitment to continuously deliver and develop high quality retailing to the passengers and exceptional net profit to the Airport. We look forward to the coming five years of successful cooperation with Tallinn Airport.”
[Inflight Service Estonia is a ‘by Inflight Service Europe AB’ fully-owned subsidiary].