TheMoodieReport.com

TheMoodieReport.com: "Dufry and Egyptair awarded hotly-contested duty free tenders at Sharm el Sheikh Airport � 30/03/06
Source: �The Moodie Report
By Martin Moodie
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The Sharm El Sheikh tender, issued through The Moodie Report, attracted intense interest - and big numbers
EGYPT. Egyptian Airports Company (EAC) has awarded the duty free concessions at Sharm el Sheikh Airport to Dufry International and Egyptair Duty Free respectively, The Moodie Report can reveal.

The company said that Dufry will operate in the current passenger terminal and Egyptair (the current retailer) in the new passenger terminal. �The evaluation was based on both technical evaluation (50%) and financial evaluation (50%),� EAC told The Moodie Report.

Egyptair Duty Free bid alone and not with its partner elsewhere in Egypt Aer Rianta International-Middle East.

Bid levels were as follows:

New terminal

In percentage of sales terms Egyptair topped the league with 34.1% through each year; Aldeasa offered a starting base of 31% rising to 33%; Dufry offered 31% each year; Phoenicia 30% and Cairo Airport Duty Free/Chalhoub 25% rising to 27%.

Phoenicia Trading was the highest overall bidder in MAG terms for the new terminal with a US$48.5 million guarantee over a five-year period (US$8 million in year one rising to US$11.5 million in year five) ahead of Egyptair (the airport incumbent) with US$45 million over the full period; Aldeasa with US$21.1 million; Cairo Airport Duty Free (The Chalhoub Group) with US$19.1 million and Dufry with US$18.7 million.

Current terminal

In percentage of sales terms Dufry topped the league with 31% each year, ahead"