03/04/2024

Avolta proudly announces expanded contract with Norwegian Cruise Line: wins 4 new ships, boosts total presence to 18 ships

Avolta, leading travel experience player, has been chosen as the main retail partner by Norwegian Cruise Line (NCL), expanding their presence across nearly the entire NCL fleet and strengthening the company’s cruise portfolio. The major cruise company has awarded Avolta new contracts on a total of four NCL ships as well as renewing its existing contracts for 14 NCL ships. Avolta is kicking off new contracts on Norwegian Viva, Norwegian Prima, Norwegian Star, and Norwegian Encore. In addition, Avolta has been tapped to serve as the retail partner for NCL’s next Prima Class newbuild, Norwegian Aqua, which is set to debut in 2025.

28/03/2024

Avolta receives Moody’s upgraded credit rating to Ba2 with Stable Outlook

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from Ba3 to Ba2 with Stable outlook according to Moody’s Investment Service announcement yesterday. The credit rating upgrade follows the successful closing of the business combination with Autogrill in 2023 as well as the company’s strong 2023 financial performance, the announcement of a balanced capital allocation policy and the solid trading environment in 2024.

27/03/2024

Avolta embarks on 10-year journey with 8 new F&B stores at India’s new Noida International Airport, grows India footprint to more than 100 stores

Avolta AG (SIX: AVOL), leading global travel experience player has been awarded eight new F&B concessions for 10 years at India’s soon-to-be-opened Noida International Airport, strengthening its presence in India. With a floorspace of more than 1,200 m², Avolta brings an exciting portfolio of F&B brands, delivering global and local experience with a strong sense of place. The new partnership underscores Avolta’s commitment to significantly grow the company’s presence in the APAC region, boosting its Indian footprint to include F&B and duty free, across more than 100 stores in four airports and two shopping malls, and with more than 150 POS. Poised to make local and international travelers happier, Noida International Airport has been built to connect the greater Delhi area and Western Uttar Pradesh with other cities in India and the world.

25/03/2024

Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany

Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding its presence in Europe, by entering into a new partnership with Flughafen Köln/Bonn GmbH. The contract win sees Avolta open 17 new food and beverage stores at Cologne Bonn Airport, located between the cities of Cologne and Bonn, Germany. With 24/7 operations and access to a population of 17 million within 100km, the new stores, set to begin opening in the fourth quarter of 2024, significantly increase Avolta’s contact points with travelers.

21/03/2024

Avolta wins new 6-year duty-paid contract at Maceió-Zumbi dos Palmares International Airport in Brazil

Avolta AG (SIX: AVOL) is delighted to announce a new six year contract at Brazil’s Maceió-Zumbi dos Palmares airport to operate a 170m² duty paid store. An international gateway to vibrant tourist destinations and historic cities, the airport attracts over 2.5 million passengers annually (2023 figures), and with the win of this duty paid contract in a new airport location, Avolta further extends its already significant footprint in Brazil.

20/03/2024

Avolta affirms partnership with Edinburgh Airport: 20+ years of operations strengthened by 7-year contract extension, grows floorspace by 30%

Avolta AG (SIX: AVOL) has successfully extended its contract to operate the tax and duty free store at Edinburgh airport for an additional seven years. Strengthening the company’s 20+ years of operations at the same store, the contract win also represents an increase in retail space of 30%. Edinburgh airport is the busiest airport in Scotland, handling almost 15 million passengers each year (2019 figures), and an important driver for the Scottish economy thanks to its connectivity with other parts of the UK and internationally.

13/03/2024

Avolta wins nine-year contract for 26 stores in Istanbul’s Sabiha Gökçen International Airport

Leading global travel experience player Avolta AG (SIX: AVOL), is affirming and growing its presence in Türkiye. Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport. The contract is a significant extension to the company’s existing partnership with the Malaysia Airport’s fully owned Turkish asset, and builds on an eleven-year F&B collaboration, as well as a long-standing travel retail partnership, which will run until 2032. 

07/03/2024 Ad hoc

Avolta takes off: After a successful 2023, strong performance continues into the new year, management remains confident in long-term growth

2023 was a transformative and successful year for Avolta. The company completed a game-changing business combination, delivering its synergy targets in combination with an impressive set of financials in its first year. More resilient and diversified, Avolta continues to execute its Destination 2027 strategy with purpose. Avolta’s robust 2023 performance is reflected in a conservative 2.6x leverage. Under its new capital allocation policy a 2023 dividend of CHF 0.70/share is proposed, while targeting medium term leverage of 1.5-2.0x.

22/02/2024

We are delighted to invite you to our Full Year Results 2023 Presentation Webcast:

Thursday, 07 March 2024at 14.30h CET

17/01/2024

Avolta and Corporación America Airports unite for Strategic Airport Enhancement in Uruguay

Avolta, the leading global travel experience player, and Corporación America Airports (NYSE:CAAP), the leading private airport operator managing 53 airports in 6 countries, proudly announce their collaborative initiative to elevate the airport retail experience. In a pioneering move, Avolta and Corporación America Airports have forged a partnership to revolutionize travel retail in Uruguay, seeking to establish a novel business model by leveraging the combined expertise of duty-free retail and airport management as master concessionaire for travel retail.

10/01/2024

Avolta bolsters presence in Bulgaria with exclusive air-side retail contract for Burgas and Varna airports

Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding in Bulgaria with an eight-year contract extension, six new stores and an increase in its total retail space to 2,707m² at Burgas and Varna airports. The tender win marks a significant milestone and recognizes Avolta’s strong partnership with Fraport Twin Star Airport Management, granting Avolta the exclusive Master Retail Concession air-side at Burgas and Varna airports, Bulgaria’s second and third busiest airports respectively.

13/11/2023

Avolta’s HMSHost Brings New Taste of Memphis to Concourse B at Memphis International Airport — The Wise Omega Bodega

The New Bar Offers Wine, Spirits, and Ready-to-drink Canned Cocktails, and Gives Travelers a Taste of Memphis through Craft Beer