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NEWS Last modified on October 19, 2010

Riga looking to the future



Riga International Airport (RIX) has chosen TAV Airports Holding to revamp its commercial outlets and duty free offering...


Riga International Airport (RIX) has chosen TAV Airports Holding to revamp its commercial outlets and duty free offering.

TAV – which earlier this year formed a joint-venture with airBaltic to build and operate the Latvian airport’s planned new terminal – will take over the operation of the duty free shops, currency exchange, car rental offices, pharmacies and all other commercial outlets in the existing terminal from January 1, 2011.

RIX has tripled its income earned from non-aeronautical activities over the past five years and chairman of the board, Krišjānis Peters, claims that appointing TAV to manage and develop its commercial facilities is the “logical next step”.

“The agreement will double the airport’s income,” he enthuses. “I am confident that TAV can help us develop a more modern and passenger friendly terminal that better reflects Latvia’s identity and culture.”

Non-aeronautical revenue currently account for 40% of the airport’s annual income.

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