Abu Dhabi Duty Free revenues up by 17.4% in first half of 2013.
Abu Dhabi Duty Free (ADDF) sales revenues increased by 17.4 per cent in the first half tghis year, compared to the same period of 2012, recording revenues of Dh437.6 million, an increase of Dh108 million over the first half of 2012, Abu Dhabi Airports Company (Adac) said on Wednesday.
It said that the growth in revenue "is largely attributed to the growth witnessed in the Spend Per Passenger (SPP), which registered an increase from Dh53.96 in 2012 to Dh55.10 in 2013, recording a 2.1 per cent increase compared with the same period last year".
Adac said that the increase exceeded the 12.6 per cent growth in passenger traffic that Abu Dhabi International Airport (Adia) registered in the first half of this year.
The rise in revenues was partly driven by a big increase in passenger numbers.
"ADDF's revenue continues to outgrow passenger growth clearly due to the exclusive shopping options and wide variety of special offers available year-round to passengers."
"With 70 per cent of all passengers using Abu Dhabi International Airport for transfer, Abu Dhabi Airports is committed to further capturing the potential of this market by partnering with additional leading brands and retailers in order to ensure an unparalleled world-class experience," said Mohammad Abdullah Al Bulooki, Adac COO.
Adac pointed out that the recent introduction of some international brands had made Abu Dhabi International Airport the ultimate shopping destination for travellers.
Travellers passing through Abu Dhabi airports had spent a record Dh809.5 million on gifts, cigarettes, perfumes and many other Duty Free items in 2012.
Adac expects Duty Free revenues to more than double to reach Dh1.5 billion by 2017, when the new Abu Dhabi Midfield terminal is scheduled to open, boosting capacity to 30 million passengers a year.
By end of June 2013, Adac achieved double digit growth of 12.6 per cent in passenger traffic between January and June 2013, compared to the same period last year, welcoming 7.9 million (7,941,922) passengers and 65,072 flights representing a 10.4 per cent increase in aircraft movement compared to the same period last year.
Adac said that cargo traffic also increased in the first half of 2013, with 325,737 tonnes passing through the airport, a 21.5 per cent increase compared to the first 6 months of 2012.
Adac said that once Midfield Terminal, designed to cater to over 30 million passengers a year, comes to realisation, Abu Dhabi Airports will look to new partnerships with world-leading retailers to ensure that passengers have a unique shopping experience during their journey through its airports.
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