- Extension of business with United Airlines for multiple international locations, including Washington Dulles and San Francisco hubs
- Total revenue of more than CHF 500 million over contract period
gategroup renews major contract with United Airlines
ZURICH
ZURICH – gategroup Holding AG is pleased to announce that it has reached agreement with United Airlines for the extension of important catering and provisioning business. Total revenue over the life of the contracts is estimated to exceed CHF 500 million.
The multi-year award involves contract expiration dates spread over five years and covers multiple international gateway locations, including major hubs at Washington Dulles and San Francisco as well as other important locations such as Amsterdam, San Diego and Sydney.
“gategroup is delighted to have reached this agreement through its continued partnership with United Airlines, focused on providing best-in-class service. Renewing contracts for two of the major hubs provides a solid base for our North American operation. We thank United Airlines for their continued trust in our operational excellence and service quality,” said Xavier Rossinyol, gategroup Chief Executive Officer.
Contact
About gategroup
gategroup is the leading independent global provider of products, services and solutions related to a passenger’s onboard experience. For further information: www.gategroup.com
Forward-Looking Statements
This publication contains forward-looking statements and other statements that are not historical facts. The words “believe” “anticipate” “plan” “expect” “project” “estimate” “predict” “intend” “target” “assume” “may” “will” “could” and similar expression are intended to identify such forward-looking statements. Such statements are made on the basis of assumptions and expectations that we believe to be reasonable as of the date of this publication but may prove to be erroneous and are subject to a variety of significant uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Among these factors are changes in overall economic conditions, changes in demand for our products, changes in the demand for, or price of, oil, risk of terrorism, war, geopolitical or other exogenous shocks to the airline sector, risks of increased competition, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, risks associated with foreign operations and foreign currency exchange rates and controls, strikes, embargoes, weather-related risks and other risks and uncertainties. We therefore caution investors and prospective investors against relying on any of these forward-looking statements. We assume no obligation to update forward-looking statements or to update the reasons, for which actual results could differ materially from those anticipated in such forward-looking statements, except as required by law.
Note: In the event of any discrepancy or inconsistency between any translated versions of this publication, the English version shall prevail.