17/04/2024

Avolta wins new store at Copenhagen Airport, introducing exciting local pizza and craft beer concept

Leading global travel experience player Avolta AG (SIX: AVOL), is reinforcing its presence at Copenhagen Airport with a six-year contract for a new store. In line with its commitment to create authentic sense of place for travelers, Avolta recently opened much-loved local pizza concept, Neighbourhood, inviting passengers to taste its crispy sourdough pizzas, and a selection of craft beers from local hero, To Øl. The store opening builds on Avolta’s comprehensive food and beverage (F&B) partnership with Copenhagen Airport and strengthens the company’s commitment to creating an authentic sense of place for travelers, by showcasing unique local offerings that resonate with both residents and visitors. 

15/04/2024

Avolta extends retail contract with Athens International Airport to 2034

Avolta AG (SIX: AVOL), the leading global travel experience player, will build on its longstanding retail presence at Greece’s Athens International Airport with a ten year contract extension until the beginning of 2034. The contract extension sees Avolta continue to operate 31 retail stores, over a combined floor space of more than 4,900 m² in Greece’s busiest airport. The agreement underscores the significance of Avolta’s strong business partnerships in realizing the company’s Destination 2027 strategy to create a travel experience revolution.

11/04/2024

Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia

Avolta AG (SIX: AVOL), leading global travel experience player, increases its footprint in Asia-Pacific, securing a new duty-free contract for two stores at Kualanamu International Airport*, serving the city of Medan and North Sumatra. Operating in Indonesia for more than ten years and with nearly 50 stores, this contract marks Avolta’s third location in Indonesia – the largest economy in Southeast Asia and the world’s fourth most populous nation** – and first for Medan, joining existing outlets at Indonesia’s two main international airports; Jakarta’s Soekarno–Hatta International Airport and Bali’s I Gusti Ngurah Rai Airport.

09/04/2024

Avolta prices EUR 500 million of senior notes

Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”). Interest will be payable semi-annually in arrears. Proceeds from the offering are expected to be used to refinance a portion of Avolta’s outstanding Senior Notes due 2024.  

08/04/2024

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Avolta publishes the invitation to its Annual General Meeting 2024. The event will take place on May 15, 2024 at 14:30 CEST (doors open at 14:00 CEST), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.

04/04/2024

Avolta secures S&P Global Ratings Upgrade to BB+ with Outlook Stable

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from S&P Global Rating from BB to BB+ with Outlook Stable, as announced by the rating agency yesterday. Based on Avolta’s strong 2023 operating performance and tightened financial policy, the credit rating upgrade also underscores the successful integration with Autogrill which was achieved ahead of schedule.

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.