SINGAPORE. The Civil Aviation Authority of Singapore (CAAS) says it will finalise the future operations of its key liquor & tobacco and fragrances & cosmetics contracts in the next few weeks.
The liquor and tobacco concession, currently operated in both terminals one and two by DFS Group, expires at the end of November. The fragrances and cosmetics business in both terminals is run by Nuance-Watson.
Director (Commercial) Lim Peck Hoon told The Moodie Report on Friday that neither DFS nor Nuance-Watson’s contracts had yet been extended but declined to comment further. She said there will be official updates on the situation in coming weeks.
However, subject to CAAS board approval, it seems a likely bet – and a logical step for the Authority – that both retailers will have their businesses prolonged until the new terminal three opens in 2008. That would also mean each running their respective sectors in the new lost-cost terminal due to open next year, which would eventually allow an all-embracing tender covering all terminals.
Both retailers declined to comment on the situation.
Earlier this year Lim Peck Hoon told The Moodie Report that it had been making preparations to issue a liquor and tobacco tender for T1 and T2 mid-year but had been approached by DFS to extend the contract until the opening of T3.
In other Changi news, Bodywork Concepts has been awarded a brand name shop concession in T2’s departures/check-in hall south. The company offered an additional rental amounting to 15% of total monthly gross sales or a minimum monthly guaranteed payment of S$4,500 per month, whichever is higher.
MORE STORIES ON SINGAPORE CHANGI AIRPORT
Lifestyle electronics concession tendered at Changi – 02/08/05
Civil Aviation Authority of Singapore issues key watches tender at Changi Airport T1 – 29/07/05
