Avolta Gets Concessions Contracts for Terminal 8 of JFK Airport

Dow Jones

Dec 05, 2024

By Pierre Bertrand

Avolta said it won contracts to develop retail, food and beverage concessions for more than 11 years at Terminal 8 of John F. Kennedy International Airport in New York City.

The Switzerland-based travel retailer said these newest contracts add to one it clinched last week to operate duty-free and other retail stores in Terminal 6 of the same airport.

Combined, the contracts covering both terminals will correspond to an around 3% increase to the company's revenue in the region, once fully developed, Avolta said.

Terminal 8 is projected to have more than 7 million plane boardings next year, with international customers projected to account for 64% of the total, the company added.

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

(END) Dow Jones Newswires

December 05, 2024 01:05 ET (06:05 GMT)

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Kennedy International Airport in New York City. \n</p>\n<p>\n  The Switzerland-based travel retailer said these newest contracts add to one it clinched last week to operate duty-free and other retail stores in Terminal 6 of the same airport. \n</p>\n<p>\n  Combined, the contracts covering both terminals will correspond to an around 3% increase to the company's revenue in the region, once fully developed, Avolta said. \n</p>\n<p>\n  Terminal 8 is projected to have more than 7 million plane boardings next year, with international customers projected to account for 64% of the total, the company added. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 05, 2024 01:05 ET (06:05 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4200","symbol_name":"专卖店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2489010790","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489010790","pubTimestamp":1733378700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Avolta said it won contracts to develop retail, food and beverage concessions for more than 11 years at Terminal 8 of John F. Kennedy International Airport in New York City.The Switzerland-based travel retailer said these newest contracts add to one it clinched last week to operate duty-free and other retail stores in Terminal 6 of the same airport.Combined, the contracts covering both terminals will correspond to an around 3% increase to the company's revenue in the region, once fully developed, Avolta said.Terminal 8 is projected to have more than 7 million plane boardings next year, with international customers projected to account for 64% of the total, the company added.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4200":"专卖店","DUFRY":"AVOLTA AG"},"translate_title":"Avolta获得肯尼迪机场8号航站楼特许经营合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUFRY":0.9},"content_text":"By Pierre Bertrand \n\n\n \n\n\n  Avolta said it won contracts to develop retail, food and beverage concessions for more than 11 years at Terminal 8 of John F. Kennedy International Airport in New York City. \n\n\n  The Switzerland-based travel retailer said these newest contracts add to one it clinched last week to operate duty-free and other retail stores in Terminal 6 of the same airport. \n\n\n  Combined, the contracts covering both terminals will correspond to an around 3% increase to the company's revenue in the region, once fully developed, Avolta said. \n\n\n  Terminal 8 is projected to have more than 7 million plane boardings next year, with international customers projected to account for 64% of the total, the company added. \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  December 05, 2024 01:05 ET (06:05 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,"need_auth":true,"code":"91000000","status":"200"}}}