Bloomberg News

Airport Operator Aena to Auction Duty-Free Shops, Expansion Says

April 16, 2012

Spanish state-owned airport operator Aena Aeropuertos SA may auction its duty-free stores managed by Aldeasa, Expansion reported today, citing unidentified people.

Aldeasa’s stores generate more than 200 million euros ($261 million) a year and its contract ends in Dec., the newspaper said. Before a possible initial public offering of Aena in two years, the operator wants to cut costs and increase revenue from commercial activities, it said.

To contact the reporter on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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