Czech Airlines issues duty-free tender

Nicole Mezzasalma

15-Oct-2009

The carrier is selling its duty-free stores at Prague Ruzyne and Karlovy Vary airports in the Czech Republic

CSA Czech Airlines has issued a tender for its airport duty-free stores following an internal optimisation process that includes the sale of some of its non-core businesses. The tender covers four shops: one at Prague Ruzyne airport terminal one, one in T2 and a third between the two terminals, in addition to an outlet at Karlovy Vary airport. The four shops cover a total of 796sq m (8,565sq ft) of retail space.

UniCredit CAIB, which is organising the tender for Czech Airlines, said that 45% of sales in its stores are duty-free to passengers travelling to international locations and 55% duty-paid to passengers travelling within the EU. The company said that despite the recent drop in passenger numbers at Prague airport, the duty-free stores had “sustained their sales thanks to a higher average basket value”. Sales in the first eight months of 2009 reached €13.1m ($19.6m), a slight decline compared with the same period the previous year (€13.7m/$20.5m).

The best-selling product categories at the stores are liquor, which accounts for 30.9%, and tobacco (30.3%), followed by fragrances (19.5%) and confectionery (18.5%). UniCredit said that non-alcoholic beverages and fragrances have been “dramatically” increasing their market share in recent years. The shops are supplied from a logistics centre based in Kněževes, 6km west of Prague airport.

Click here for more information on the tender.

 

Bookmark This Article

Delicious    Digg    StumbleUpon    Facebook

Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(16-Dec-2009) - The deal includes three stores at Prague Ruzyne airport, one outlet at Karlovy airport and the airline’s inflight retail concession
(23-Oct-2003) - By Jonathan BrownCZECH REPUBLIC. The Czech Airports Authority (CSL) has confirmed that work has begun on a big expansion of Prague Ruzyne International airport to radically increase airport capacity and present new opportunities for retail.
(26-Aug-2009) - The sale of its airport duty-free outlets is one of several measures under consideration by the carrier to help solve its financial problems
(15-Jun-2001) - CZECH REPUBLIC. Duty-free shopping in the Czech Republic may yet benefit from a stay of execution.
(2-Aug-2003) - CZECH REPUBLIC. The European Commission (EC) delegation to the Czech Republic has reacted angrily to a decision by the Czech Chamber of Deputies to delay the proposed closure of border duty-free outlets, previously scheduled for the end of the year.