Aldeasa appointed the commercial operator of Curaçao Airport retail outlets – 05/10/04

CURAÇAO. Aldeasa, the Spanish multinational travel retailer has signed a contract with CAP (Curaçao Airports Partners) to take on the commercial management of the duty free establishments located in Curaçao’s Hato Airport, the busiest in the Dutch West Indies.

Starting this November, Aldeasa will manage a total of four general retail outlets for a period of five years in a deal that is extendible by a further three years. These shops will sell the following categories: perfumes, beverages, tobacco and typical regional products such as punches and liqueurs.

Two of the outlets are located inside the terminal building itself: one with a surface area of 245sq m in the departures area and another, in arrivals, measuring 30sq m. The other two, of similar characteristics, will be located in the new terminal building currently under construction, which will have an annual capacity of between 1.6 and 2.5 million passengers. This new terminal is due to open in February 2006.

Alterra Partners has a 51% share in CAP. Aldeasa already has a presence in the Caribbean via Aldeasa México. Aldeasa said: “This agreement signifies another step towards the consolidation of the internationalisation strategy as well as the entry into a market with vast future potential, namely the non-Spanish speaking Caribbean.”

Curaçao’s Hato Airport handled 1.2 million passengers during 2003, and an increase of +7.5% in 2005 and of at least +4% in successive years is forecast.

Aldeasa reported sales of €598 million in 2003 (us$486 million).


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