Heinemann and BWC Forwarders Secure Contracts to Manage Duty-Free and Retail Spaces at Noida International Airport
The Noida International Airport has sealed concession agreements with Hamburg-based Heinemann and Hyderabad-based BWC Forwarders to oversee the retail and duty-free areas within the terminal.
Heinemann, a renowned operator in the duty-free sector, will manage the international duty-free outlet at the Noida airport, offering a range of premium liquors, tobacco, confectionery, perfumes, cosmetics, and chocolates. With experience spanning across various countries including Germany, Austria, Hungary, Australia, New Zealand, Singapore, Hong Kong, Malaysia, and China, Heinemann is set to bring its expertise to the Noida airport.
Meanwhile, BWC Forwarders will be responsible for the retail spaces in both domestic and international sections of the airport. Companies interested in operating shops at the Noida airport will enter into contracts with BWC Forwarders, who will then share profits with the airport according to the concession agreement.
The Noida International Airport, currently under construction in Jewar and expected to commence operations by December, is projected to handle 9.4-11.7 million passengers in 2025-26, as per estimates from aviation consultancy firm CAPA India.
Recently, on April 18, the airport conducted its first calibration flight. Calibration flights are crucial for new airports as they verify and fine-tune navigation aids, runway lighting, and airspace, ensuring safety and accuracy before commercial operations begin. Additionally, they aid pilots in familiarizing themselves with the airport layout and procedures.
A strong competition is anticipated between the Noida International Airport, managed by Zurich Airport International, and the Delhi airport, operated by the GMR Group-led entity, according to a report by CAPA India in January.
CAPA India’s report highlights a significant difference in value-added tax (VAT) on aviation turbine fuel (ATF) between the two airports. While Delhi airport imposes a 25% VAT on domestic services, Noida airport will only have a 4% VAT. This difference is expected to influence capacity allocation by airlines and drive expansion plans. ATF constitutes about 40% of an airline’s costs in India.
In conclusion, with Heinemann and BWC Forwarders on board to manage duty-free and retail spaces, the Noida International Airport is gearing up to offer passengers a premium shopping experience while positioning itself as a strong competitor in the aviation sector.
