NEW DELHI:
Infra major GMR Group
on Thursday launched its first
duty free outlet
at
Kannur International Airport Ltd
(KIAL). GMR Kannur Duty Free Services Ltd (GKDFSL), a subsidiary of
GMR Airports Ltd
(GAL), will run this outlet.
Rajesh Arora, GMR Airports CEO (business development), said: “As one of the leading private airport developer-operators globally, GMR Airports has a strong track record of creating and delivering world-class airports and airport travel retail offerings including duty free outlets at major airports such as Delhi and Hyderabad. We are now very happy to be partnering with KIAL.…”
GAL, a subsidiary of
GMR Infrastructure
Limited, had signed a concession agreement with KIAL last January to develop, operate, maintain and manage the duty free outlet at Kannur International Airport on an exclusive basis. Under the concession agreement, GAL would design, finance and operate duty free shops at Kannur International Airport for seven years, which is extendable by three more years.
GAL through its affiliate companies has already been operating Delhi and Hyderabad airport duty free businesses and addition of Kannur Duty Free is the first concession outside GMR’s own airport portfolio.
Commissioned in December 2018, KIAL is the fourth international airport in Kerala — the only State in the country to have 4 international airports.
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