Reports: AENA meets Aldeasa's owner elect

John Gallagher

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The Autogrill-Altadis joint venture has already contacted the airport authority to resolve rent concerns, according to local reports

Retail Airport Finance, the joint-venture between Altadis and Autogrill that is set to become the new owner of Spanish travel retailer Aldeasa, has already made contact with Spanish airport authority AENA in a bid to defuse tension over rents, according to financial daily newspaper Cinco Dias.

The report cited AENA chairman and CEO Manuel Azuaga as saying that the two companies had already been in contact. Early in the bidding process for Aldeasa, AENA announced its intention to change the system from a profit sharing scheme to a percentage of actual sales before the end of this year. For duty paid sales AENA are looking to be paid concession fees of 22% of sales and for duty-free sales the variable will rise to 30%.

The report follows news that AENA has delayed its long-awaited duty-paid tender at Tenerife South airport. As reported previously on RavenFox.com, industry sources have suggested that the delay is to allow Retail Airport Finance time to prepare its offer.