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AAP Alpha Airports

109.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Airports LSE:AAP London Ordinary Share GB0000281328 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 109.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Contract award

15/11/2006 10:24am

UK Regulatory


RNS Number:1073M
Alpha Airports Group PLC
15 November 2006



ALPHA AIRPORTS GROUP PLC
("Alpha Airports" or Alpha")



AWARD OF DUTY FREE SHOPPING CONTRACT AT NEW DELHI AIRPORT



Alpha Airports is pleased to announce that it has been awarded, in joint venture
with Pantaloon Retail (India) Limited ("Pantaloon"), the duty free shopping
contract for Indira Gandhi International Airport in New Delhi.



The contract, awarded by Delhi International Airport Ltd ("DIAL"), the
consortium undertaking the modernisation and restructuring of the existing New
Delhi airport, will run for three years and three months.  The contract will
cover duty free shops from a number of locations in both the Departures and
Arrivals halls.  The shops will focus on selling liquor and tobacco, perfumes
and cosmetics, fashion wear and leisure goods, and confectionary and packaged
goods.



The contract award comes at a time of substantial growth in the Asian market.
Asia now accounts for over a third of global duty free sales, with India one of
the fastest growing markets in the region.  The country's economic development
and the rapid growth in international air traffic have created major
opportunities in duty free sales in the country.



Alpha, which has extensive experience in duty free retailing in Asia with
outlets in Cochin, Colombo, Kathmandu and Male, and Pantaloon are also currently
in discussions about the travel retailing and food and beverage opportunities at
Bangalore and Hyderabad airports.  Separately, Mumbai airport is expected to
issue its requests for proposals shortly and the Government is also considering
plans for the eventual privatisation of Chennai (Madras) and Kolkota (Calcutta)
airports.



Commenting on the contract award, Peter Williams, Chief Executive of Alpha,
said:



"We are delighted to have secured this contract, the first in our new joint
venture with Pantaloon.  A key part of Alpha's strategy is to capture a
significant share of the rapidly-growing Asian market where we already have a
major presence and in which India is one of the fastest growing markets.  In
India, international traffic is growing at over 15% per annum and domestic
traffic grew 28% last year.  That presents an exciting opportunity."





                                                                15 November 2006




Enquiries


Alpha Airports Group Plc                                           020 8580 3200
Peter Williams, Chairman & Chief Executive                   www.alpha-group.com
Mark Adams, Finance Director

College Hill                                                       020 7457 2020
Mark Garraway
Kate Pope







Notes to Editors:



Alpha Airports



Alpha Airports Group Plc is one of the world's leading aviation support services
companies, providing retailing and catering services for airlines and airports.
Alpha's 6,900 staff service over 100 airlines worldwide and operate from over
200 outlets at 83 airports in 15 countries.



Alpha Retail offers purpose-designed retail and catering services for airports.
Alpha Airport Shopping and Alpha Tax and Duty Free provide a range of consumer
brands at value prices to 21 airports across the UK, Europe, USA and Asia.
World News (confectionery, tobacco and news), Glorious Britain (destination
merchandise) and Zinq (accessories) are specialist stores operating at 25
airports in the UK, Europe and USA.  Alpha Retail offers restaurant, cafe and
bar services at 22 airports in the UK, Europe and Middle East.



Pantaloon Retail



Pantaloon Retail, part of the Future Group, is India's leading retail company
with a presence in food, fashion and footwear, home solutions & consumer
electronics, books & music, health, wellness & beauty, general merchandise,
communication products, E-tailing, and leisure and entertainment.



The company owns and manages multiple retail formats catering to a wide
cross-section of the Indian society. Headquartered in Mumbai (Bombay), the
company operates 4 million square feet of retail space, has over 140 stores
across 33 cities and employs over 14,000 people.



Delhi International Airport Ltd ("DIAL")



DIAL, a joint venture company comprising the GMR Group, Airports Authority of
India, Fraport, Malaysian Airport and India Development Fund, is undertaking the
modernisation and restructuring of the existing New Delhi Airport.



The project being developed by DIAL under Public Private Partnership has been
given the mandate to finance, design, build, operate and maintain the airport
for 30 years with an option to extend it by another 30 years.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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