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gategroup Holding AG's Brand Gate Gourmet Renews Contracts with United Airlines

Wednesday, 17 Oct 2012 12:31am EDT 

gategroup Holding AG announced that it has signed contracts totaling more than CHF 430 million in revenue over the three-year life of the agreements with United Airlines (United). This award was part of a tender that covered the majority of United's contracts with gategroup brand Gate Gourmet. Gate Gourmet renewed more than 90% of its contracted revenue on tender. The contracts include extensions in catering and provisioning service at three of United's core connecting hubs at Chicago O'Hare, San Francisco and Washington Dulles, as well as additional volumes in San Francisco and Washington Dulles. In addition to the three hub locations, Gate Gourmet will continue to provide services to United in the spoke cities for which tenders were held: Columbus, Jacksonville, New Orleans, and San Antonio. The agreements take effect on January 1, 2013, and run through December 2015. 

Company Quote

-0.25 -1.06%
22 Aug 2014