Avolta Gets Contract to Operate Duty-Free, Retail Stores at JFK Airport

Dow Jones

2024-11-27

By Pierre Bertrand

Avolta said its companies Hudson and Dufry were awarded a contract to operate duty-free and other retail stores in terminal six of New York City's John F. Kennedy International Airport.

The Swiss travel-retail group said it has a new 18-year contract and that the airport's terminal is set to open in early 2026.

Chief Executive Xavier Rossinyol said the contract was the company's largest so far this year in North America.

Avolta didn't disclose financial details of the new contract, but confirmed its medium-term targets and reaffirmed its positive outlook after the first nine months of the year.

Write to Pierre Bertrand at pierre.bertrand@wsj.com

(END) Dow Jones Newswires

November 27, 2024 01:07 ET (06:07 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Kennedy International Airport. \n\n\n  The Swiss travel-retail group said it has a new 18-year contract and that the airport's terminal is set to open in early 2026. \n\n\n  Chief Executive Xavier Rossinyol said the contract was the company's largest so far this year in North America. \n\n\n  Avolta didn't disclose financial details of the new contract, but confirmed its medium-term targets and reaffirmed its positive outlook after the first nine months of the year. \n\n\n \n\n\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 27, 2024 01:07 ET (06:07 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}