Schiphol Group’s non-aeronautical revenues up by 30.4%

Andrew Pentol

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Liquor and tobacco sales at See Buy Fly shops at Schiphol airport led to a year-on-year increase of non-aeronautical revenues

Airport operator Schiphol Group has announced a 30.4% increase in non-aeronautical revenues to €301m ($440m) in 2007. The growth was attributed to strong liquor and tobacco sales at See Buy Fly stores at Amsterdam Schiphol airport, which were included in the company’s results on January 3 2007. Concession income from retail outlets, parking and other activities contributed €64.4m ($94.5m) to non-aeronautical revenues, which accounted for 26% of Schiphol Group’s total revenues and 34% of the operating result. Overall concession income fell by 6.2% despite a 3.8% increase in passenger numbers as a result of the acquisition of the See Buy Fly liquor and tobacco retail outlets. Income per international departing passenger increased from €5.14 ($7.51) to €5.41($7.91).