Thursday, November 02, 2006

Raven Fox

Raven Fox: "Cairo Airport Co has decided to stop the retail tender process for Cairo terminal three and is in negotiations with current retail partner EgyptAir Tax Free Shops

Cairo Airport Co (CAC) will not proceed with the retail tender process at Cairo terminal three, despite releasing a Request for Qualification document in August. The company has confirmed it is in negotiations with current Cairo retail operator EgyptAir Tax Free Shops.
CAC chief commercial officer Jean-Pierre Tabet told RavenFox.com: 'There are several reasons, but one factor is that T3 will be used by the Cairo-based carrier EgyptAir, which also owns EgyptAir Tax Free Shops.'
He continued: 'CAC wants to provide its customers with the best value for money when the terminal opens and we also want the maximum return from the concession. We believe that negotiating with the current operator will be the most suitable solution to meet both these targets.'
Seven companies registered their interest in retail operations in terminal three - Aldeasa, Dufry Group, The Nuance Group - on its own and in partnership with Cairo Airport Duty Free - Alpha Airports Group, EgyptAir Tax Free Shops advised by Aer Rianta International-Middle East and a local company called Egypt For Duty Free."