STOCK TITAN

TraWell Co. Signs Contract with Madrid-Barajas, Now the Largest Airport in the Network

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

TraWell Co has secured a five-year contract for Adolfo Suárez Madrid-Barajas Airport, starting January 2025. The company will operate seven retail locations across the airport's three international terminals, offering baggage protection solutions, luggage sales, and accessories. From 2027, three additional luggage storage areas and other high-value services will be introduced.

Madrid-Barajas Airport, handling over 60 million passengers in 2023 (an 18.9% growth from 2022), will become the largest airport in TraWell Co's network, surpassing Miami (52 million passengers) and Rome Fiumicino (40 million passengers). This expansion aligns with TraWell Co's European growth strategy, placing them in nine of the top 30 airports globally.

TraWell Co ha ottenuto un contratto di cinque anni per l'Aeroporto Adolfo Suárez Madrid-Barajas, che avrà inizio a gennaio 2025. L'azienda gestirà sette punti vendita all'interno dei tre terminal internazionali dell'aeroporto, offrendo soluzioni per la protezione dei bagagli, vendita di valigie e accessori. Dal 2027, saranno introdotte tre nuove aree di deposito bagagli e altri servizi di alto valore.

L'Aeroporto Madrid-Barajas, che ha gestito oltre 60 milioni di passeggeri nel 2023 (con una crescita del 18,9% rispetto al 2022), diventerà il più grande aeroporto della rete di TraWell Co, superando Miami (52 milioni di passeggeri) e Roma Fiumicino (40 milioni di passeggeri). Questa espansione è in linea con la strategia di crescita europea di TraWell Co, portandoli a essere presenti in nove dei primi 30 aeroporti a livello globale.

TraWell Co ha conseguido un contrato de cinco años para el Aeropuerto Adolfo Suárez Madrid-Barajas, que comenzará en enero de 2025. La empresa operará siete puntos de venta en los tres terminales internacionales del aeropuerto, ofreciendo soluciones de protección de equipaje, venta de maletas y accesorios. A partir de 2027, se introducirán tres áreas adicionales de almacenamiento de equipaje y otros servicios de alto valor.

El Aeropuerto Madrid-Barajas, que manejó más de 60 millones de pasajeros en 2023 (un crecimiento del 18,9% respecto a 2022), se convertirá en el mayor aeropuerto de la red de TraWell Co, superando a Miami (52 millones de pasajeros) y a Roma Fiumicino (40 millones de pasajeros). Esta expansión se alinea con la estrategia de crecimiento europeo de TraWell Co, colocándolos en nueve de los 30 principales aeropuertos a nivel mundial.

TraWell Co아돌포 수아레즈 마드리드-바라하스 공항에 대해 2025년 1월부터 시작되는 5년 계약을 체결했습니다. 이 회사는 공항의 세 개 국제 터미널에 걸쳐 7개의 소매 매장을 운영하며, 수하물 보호 솔루션, 짐 판매 및 액세서리를 제공합니다. 2027년부터는 세 개의 추가 수하물 보관소와 기타 고부가가치 서비스가 제공될 예정입니다.

2023년에 6천만 명 이상의 승객을 처리한 마드리드 바라하스 공항은 TraWell Co의 네트워크에서 가장 큰 공항이 되어 마이애미(5천2백만 승객)와 로마 피우미치노(4천만 승객)를 초과하게 됩니다. 이러한 확장은 TraWell Co의 유럽 성장 전략과 일치하며, 이들 회사는 전 세계 30대 공항 중 9곳에 위치하게 됩니다.

TraWell Co a obtenu un contrat de cinq ans pour l'aéroport Adolfo Suárez Madrid-Barajas, qui débutera en janvier 2025. L'entreprise exploitera sept points de vente dans les trois terminaux internationaux de l'aéroport, offrant des solutions de protection des bagages, de vente de valises et d'accessoires. À partir de 2027, trois espaces supplémentaires de stockage de bagages et d'autres services de haute valeur seront introduits.

L'aéroport de Madrid-Barajas, qui a traité plus de 60 millions de passagers en 2023 (une croissance de 18,9 % par rapport à 2022), deviendra le plus grand aéroport du réseau de TraWell Co, dépassant Miami (52 millions de passagers) et Rome Fiumicino (40 millions de passagers). Cette expansion s'inscrit dans la stratégie de croissance européenne de TraWell Co, les plaçant dans neuf des 30 plus grands aéroports du monde.

TraWell Co hat einen Fünfjahresvertrag für den Flughafen Adolfo Suárez Madrid-Barajas gesichert, der im Januar 2025 beginnt. Das Unternehmen wird in den drei internationalen Terminals des Flughafens sieben Einzelhandelsstandorte betreiben und Lösungen zum Schutz von Gepäck, Gepäckverkauf und Zubehör anbieten. Ab 2027 werden drei zusätzliche Gepäckaufbewahrungsbereiche und weitere hochwertige Dienstleistungen eingeführt.

Der Flughafen Madrid-Barajas, der 2023 über 60 Millionen Passagiere abfertigte (ein Wachstum von 18,9 % im Vergleich zu 2022), wird der größte Flughafen im Netzwerk von TraWell Co werden und Miami (52 Millionen Passagiere) und Rom Fiumicino (40 Millionen Passagiere) übertreffen. Diese Expansion steht im Einklang mit der Wachstumsstrategie von TraWell Co in Europa und platziert sie an neun der 30 größten Flughäfen weltweit.

Positive
  • Secured a five-year contract with Madrid-Barajas Airport, the 15th largest globally and 5th in Europe
  • Madrid-Barajas becomes the largest airport in TraWell Co's network with over 60 million passengers
  • Expansion into high-value services, including luggage storage areas from 2027
  • Strengthens presence in 9 of the top 30 airports globally
  • Aligns with European growth strategy and expansion beyond baggage protection
Negative
  • None.

MILAN--(BUSINESS WIRE)-- TraWell Co. S.p.A (Milan Stock Exchange: TWL, New York: TRWAF), a leader in baggage protection and assistance services, is pleased to announce the award of a five-year contract for Adolfo Suárez Madrid-Barajas Airport.

Starting in January 2025, TraWell Co. will operate seven retail locations across the three international terminals of Madrid Airport, offering travelers a full range of baggage protection solutions, luggage sales, and accessories. From 2027, three additional luggage storage areas and other high-value services will be introduced.

Madrid-Barajas Airport is the 15th largest airport globally and the fifth in Europe, handling over 60 million passengers in 2023, a growth of 18.9% compared to 2022. It will become the largest airport in the TraWell Co. network, surpassing Miami with 52 million passengers and Rome Fiumicino with 40 million passengers in 2023.

"We are thrilled to announce, during the NextGem institutional investor conference at Palazzo Mezzanotte, Borsa Italiana, that we are expanding our presence in one of Europe's busiest airports," said Rudolph Gentile, CEO of TraWell Co. "This contract marks a significant milestone in our European growth strategy, placing us in nine of the top 30 airports, and reinforces our commitment to expanding our business lines beyond baggage protection, especially in the luggage storage service."

About TraWell Co.

TraWell Co. is the global leader in baggage protection and storage services, as well as related products and services (including the Lost Luggage Concierge service offered by Sostravel.com). Listed on Euronext Growth Milan (ticker: BIT: TWL) and OTCQX New York (ticker: TRWAF), the company operates 129 stores across 45 airports in 13 countries, employing over 200 people and serving 4 million customers worldwide. TraWell Co. provides a unique portfolio of commercial activities and services to travelers. With 25 years of experience, the company benefits from the growth of air travel and spending on wellness and security services.

Investor Relations

TraWell Co. S.p.A

investor.relations@trawellco.com

Tel: +39 0331 777154

Source: TraWell Co. S.p.A

FAQ

When will TraWell Co start operations at Madrid-Barajas Airport?

TraWell Co will start operations at Madrid-Barajas Airport in January 2025.

How many retail locations will TraWell Co operate at Madrid-Barajas Airport?

TraWell Co will operate seven retail locations across the three international terminals of Madrid-Barajas Airport.

What services will TraWell Co (TRWAF) offer at Madrid-Barajas Airport?

TraWell Co will offer baggage protection solutions, luggage sales, accessories, and from 2027, luggage storage areas and other high-value services.

How does Madrid-Barajas Airport compare to other airports in TraWell Co's network?

Madrid-Barajas Airport will become the largest airport in TraWell Co's network, handling over 60 million passengers in 2023, surpassing Miami (52 million) and Rome Fiumicino (40 million).

TRAWELL CO SPA

OTC:TRWAF

TRWAF Rankings

TRWAF Latest News

TRWAF Stock Data

18.50M
978.17k
66.99%
Airports & Air Services
Industrials
Link
United States of America
Gallarate