Aer Rianta International signs Portuguese duty free concession
Aer Rianta International (ARI), a subsidiary of the state owned daa and the first company to operate duty-free shops in the world, has been chosen as the partner of choice by ANA Aeroportos de Portugal (ANA) to form a joint venture company to operate their portfolio of duty free and duty paid retail concessions in Portugal.
As a result, From June 1, 2022, ARI will operate outlets at Lisbon, Porto and Faro, airports in mainland Portugal and five others spread across the Madeira and the Azores. ANA is part of VINCI Airports’ global airport network.
The concession scope incorporates over 34 commercial spaces, including duty free main shops, satellite stores, and fashion/beauty stores, with a total area approximately of 9,500sqm, which the new joint venture will manage for a period of seven years.
Thierry Ligonnière, CEO of ANA, said: “We were looking for a business partner with a proven track record in the travel retail industry and with a strong alignment with VINCI Airports priorities on passenger experience, sense of place and innovation.
“We are excited to initiate this new partnership with ARI and to deploy a unique shopping environment with two key values: authenticity and sustainability.
“We are convinced that authentic retail experiences, inspired by the uniqueness of the region of the airports, blending local tastes and flavours with a wide-range of international products, and keeping our focus on environmental protection at our operations, will contribute to the best of journeys for our passengers.”
While ARI CEO, Ray Hernan, noted: “We are absolutely delighted to be selected as ANA’s preferred joint venture partner. Announcing such a significant win as we emerge from a global pandemic is testament to the commitment and skills of the entire ARI team.
“With over 70 years of experience in global travel retail, we look forward to bringing our world class service and extensive brand range to Portugal. Together with the ANA team we will deliver an exceptional tailor-made offering across all locations.”
Nuno Amaral, ARI’s chief operations and business development officer, added: “I am beyond proud that ARI has been successful in the bid to work with the team at ANA and operate the duty-free concessions throughout my home country of Portugal.
“We knew early in the pitch process that ARI’s vision, ambition and experience in travel retail perfectly complements ANA’s innovation and service throughout their airports. We are convinced that ARI’s strong partnership ethos with joint venture partners, brands, and other key stakeholders will lead to the development of a great retail proposition in Portugal.”.