Alpha Airports sees turnover grow in the first quarter of the year

23 May 2007 by
Alpha Airports sees turnover grow in the first quarter of the year

UK consumers continued to spend at the start of the 2007, helping in-flight caterer and airport retailer Alpha Airports deliver healthy turnover growth.

In a statement today Alpha Airports said it had seen group turnover rise 6% year-on-year from 1 February to 23 May, thanks to a strong retail performance.

A robust performance at UK airport shops and catering outlets especially, saw turnover growth of 8% with rest of the world retail growth at 7% within its Alpha Retail division.

Alpha Flight Services, the company's in-flight catering, management and catering logistics arm, saw overall turnover increase 5% in the period.

Within its Alpha Flight Services division its in-flight retail business saw strong growth in the UK, also, with this performance off-setting the loss of ThomsonFly and BA Connect contracts and leading to turnover growth of 1%. Internationally in-flight retail turnover increased 27%.

Alpha Airports recently signed a franchise deal with American coffee-bar chain Starbucks to open the latter's branded outlets at its UK airport retail sites.

Alpha Airports hit by £11m bill relating to last year's accounting scandal >>

Alpha Airports win two UK airport deals >>

By Chris Druce

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