Airports Worldwide - Commercial Due Diligence
Pragma was commissioned by Airports Worldwide as commercial advisor to assess and explore the non-aeronautical revenue potential at Orlando Sanford International Airport, Belfast International Airport, & Stockholm Skavsta Airport, as part of the bid process for the potential acquisition of those airports.
WHAT WE DID
- Assessed the passenger composition and their commercial requirements
- Evaluated the existing commercial facilities and their potential for improvement
- Developed revenue forecasts for the duty free, speciality retail, and food & beverage facilities for the concession period
Pragma’s analysis provided input for the bid team concerning the commercial revenue potential at each of the airports. Ultimately, Airports Worldwide was successful in securing the acquisition of the three airports, to add to their growing global airport portfolio.