on Dufry International AG (isin : CH0023405456)
Avolta Secures 12-Year Contract at Norfolk International Airport
Avolta AG, listed on SIX Swiss Exchange, has secured a 12-year contract at Norfolk International Airport (ORF) in Virginia, USA. This contract involves the opening of nine new stores encompassing retail and food & beverage, introducing four innovative hybrid formats. These formats aim to optimize space utilization while increasing passenger spending through integrated retail and dining options.
The agreement enhances Avolta's presence at the airport, showcasing a balanced mix of national brands and local concepts. This approach maintains a consistent, scalable model tailored to the regional market. Steve Johnson, Avolta's President and CEO in North America, emphasized the partnership's strength with Norfolk Airport Authority. The hybrid models promise local relevance and convenience.
Mark Perryman, President and CEO of the Norfolk Airport Authority, noted the offerings' reflection of Coastal Virginia's identity, enhancing travelers' experience with diverse options. Avolta has been present at ORF for nearly three decades, and this contract continues their collaboration, bolstering the airport's commercial program.
R. E.
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