EUROPE: ACI ICELAND
Isavia to host ACI commercial event in key year at Keflavík
Airport leaders and senior commercial executives from travel retail will descend on Reykjavík, Iceland in 2019 for ACI Europe’s annual airport commercial & retail showcase. As Luke Barras-Hill reports, host Isavia is readying itself for a sustained period of retail expansion at hub Keflavík Airport.
T
aking place in the resplendent surroundings of Reykjavík, the 28th Airport Commercial
& Retail Conference & Exhibition will be hosted by Iceland airports’ operator Isavia. As is customary, the event will
draw executives from airports, travel retailers, brands and ancillary service providers to debate issues surrounding
non-aeronautical
revenue generation at airports. Speaking to TRBusiness, Isavia
Commercial Manager, Gunnhildur Erla Vilbergsdóttir expressed her excitement at delivering the programme in Iceland next year. “Our goal is to deliver high-
quality speakers and education as well as providing participants the opportunity to get a sneak peak of the best Iceland has to offer. “We feel that the industry is very
excited about visiting Iceland – there are 78 flight routes to choose from so accessibility should not be an issue and many exhibitors have signed up already.” State-owned Isavia handles
the operation and development of a number of airports in Iceland including Reykjavík, Akureyri,
Isafjordur, Husavik,
Grimsey, Torshavn and main hub Keflavík including its Leifur Eiriksson Terminal. Additionally, it manages air traffic
An extension to the main commercial hall will add approximately 5,000sq m of commercial space.
in Iceland covering Reykjavík and Keflavík airports and the domestic and surrounding Oceania area. Last year, the country’s central
gateway Keflavík handled 8.8m passengers and is expected to surpass 10m this year (10.3m).
Commercial tender To support pax growth it is future- proofing its position with an ambitious expansion plan that will almost triple the size of its existing terminal. The first phase includes an
extension of the main commercial hall, which is set to open through 2021 to 2022. “That extension will provide
around 5,000sq m of added commercial (retail) square metres,” explains Vilbergsdóttir. To accommodate the hike in
The current terminal building at Keflavík International Airport.
OCTOBER 2018
capacity and terminal space, Isavia will next year tender around 9,000sq m of [non-core duty free] commercial space, including the aforementioned retail area plus lots currently occupied by F&B and speciality retail. “At this point we are deciding on
the mix we will be tendering in 2019 for openings 2021-2022,” reveals Vilbergsdóttir. Iceland attracts a diverse passenger
mix. Many visitors are interested in exploring its Norse culture and intrinsic beauty in a terrain typified by rugged mountains, deep fjords and Arctic glaciers; the ‘touch seekers’, who value local products and experience. On the other hand, Keflavík serves
a growing transfer passenger base travelling between North America and Europe. “Both our strong – and local –
carriers Icelandair and Wow Air provide transfer services between those two continents and are now planning on adding Asia to their model,” continues Vilbergsdóttir. “We are now meeting with brands
Isavia will next year tender around 9,000sq m of commercial space at Keflavík International Airport.
TRBusiness TRBUSINESS 75
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