Wednesday, October 30, 2013

Airport gives 10-year contract for food stalls

Chennai: The Airports Authority of India (AAI) has selected a master concessionaire to set up food and beverage outlets in Chennai airport, though the facility is expected to be privatised by January 2014. The 10-year contract was awarded to Mumbai-based Travel Food Services on Wednesday.
The bid was opened last week and around 4,000sq m of space will be given to the contractor for setting up food and beverages (F&B) stalls for Rs 14.5 crore a year. The concessionaire will have to set up a special purpose vehicle in 30 days and the outlets in 90 days. The contract also says that the existing outlets will have to be removed after giving notices to them.
31/10/13 Times of India
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