Fraport USA, a wholly-owned subsidiary of Fraport AG, has prevailed in the bid for centre management concessions at Washington Dulles International Airport (IAD) and Ronald Reagan Washington National Airport (DCA). The ten-year contract was successfully negotiated with the Metropolitan Washington Airports Authority (MWAA), the agency responsible for airport operations and is scheduled to take effect in January 2024.
Dr Stefan Schulte, CEO of Fraport AG, commented, “Our success in securing these concessions is a testament to our proven centre management approach developed over many years. By finalising this new contract for these two vital capital city airports, we are further expanding our portfolio of US airports. In collaboration with MWAA, we aim to optimise operational processes and provide passengers with a contemporary and diverse shopping and dining experience at both gateways.”
Fraport USA’s mandate from MWAA is to market and develop the retail and food & beverage spaces at the two Washington, D.C.-serving airports. Each airport offers approximately 11,000 m² of concession space. Sabine Trenk, CEO of Fraport USA, stated, “Our primary focus is on enriching the airport experience for passengers by harnessing the unique character of the capital region. As part of our strategy, we will support local businesses in the area, allowing passengers to savour the distinctive essence of Washington, D.C., before their departures or upon their arrivals. We are proud to have the opportunity to implement our innovative and world-class retail programme at Dulles and Ronald Reagan National.”
Ronald Reagan Washington National Airport (DCA), situated just five kilometres south of Washington’s city centre, ranks as one of the busiest domestic airports in the United States, with approximately 22 million passengers traveling through in 2022.
Washington Dulles International Airport (IAD) serves as the US capital’s global gateway and is located about 30 kilometres to the west of Washington in the state of Virginia. In 2022, Dulles Airport, which also serves as United Airlines’ East Coast hub, welcomed around 21 million passengers.
Fraport USA is recognised as a leader in pioneering new retail and food and beverage concepts at US airports. In addition to the newly secured concessions at IAD and DCA, the company also oversees centre management at specific terminals in Newark Liberty International Airport (EWR) and JFK Airport in New York, as well as at the airports of Baltimore/Washington (BWI), Cleveland (CLE), and Nashville (BNA).
