Friday, February 19, 2021

GMR Airports opens its first duty free outlet at Kannur international airport

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.

18/02/21 Saurabh Sinha/Times of India

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