Tuesday, November 22, 2005

TheMoodieReport.com

TheMoodieReport.com: "Sydney issues 7 December deadline for duty free interest; Dufry enters the race � 22/11/05
Source: �The Moodie Report; The Moodie Report VIP News Alert
By Martin Moodie
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Sydney Airport Corporation Executive Chairman & CEO Max Moore-Wilton: A premier duty free contract that will �no doubt� be attractive to local and global players in the duty free business


AUSTRALIA. Sydney Airport has set a 7 December deadline for expressions of interest in its A$220 million duty free and tax free contract.

It is Australia's largest duty free contract and is likely to attract intense interest from around the world. The incumbent is The Nuance Group which has vowed to defend its position spiritedly.

Dufry Dufry CEO Juli�n Diaz today confirmed that the Swiss travel retailer, which unveiled its IPO this morning, is entering the race. Other likely candidates include James Richardson and DFS Group. Aelia, Aldeasa, Alpha and King Power are all possibilities.

Interested parties are being asked to register their interest by 7 December. Selected parties will then be issued with a Request for Proposal document in February 2006 for response by April 2006.

A decision is targeted for June 2006 with the new contract starting in November 2006.

Sydney Airport Corporation Executive Chairman & CEO Max Moore-Wilton said this is a premier duty free contract that will �no doubt� be attractive to local and global players in the duty free business.

Sydney Airport has a number of significant attributes that makes this a very attractive business, the corporation said. In the 2005 financial year Sydney Airport handled 26 million passengers including 9.2 million international passengers, the latter u"