TraWell Co. Wins Renewal of Exclusive Concession at Zurich Airport for Five Years
July 29 2024 - 1:00AM
Business Wire
TraWell Co S.p.A (Borsa Italiana, Ticker: TWL), a global
leader in luggage protection, storage services, and ancillary
products and services (including the Lost Luggage Concierge service
provided by Sostravel.com), announces that it has secured the
renewal of its exclusive concession to provide integrated baggage
protection services at Zurich International Airport for five years,
effective from January 1, 2025.
Zurich Airport, where TraWell Co. has been operating since July
2013, is Switzerland's primary international airport and one of the
busiest hubs in Europe.
In 2023, Zurich Airport handled over 31 million passengers,
marking an increase from previous years, with approximately 275,000
aircraft movements (landings and take-offs) and direct flights to
over 200 destinations in more than 70 countries operated by over 70
international airlines.
During TraWell Co.'s concession period, the renewal and
expansion of Terminal A is planned, aiming to increase passenger
handling capacity and improve operational efficiency. The new
terminal will feature larger areas for check-in, boarding, and
security checks.
Passenger services will be expanded and enhanced with new lounge
areas, commercial spaces, and dining facilities. The goal is to
offer a more comfortable and convenient travel experience.
About TraWell Co.
TraWell Co is the global leader in luggage protection, storage
services, and ancillary products and services (including the Lost
Luggage Concierge service provided by Sostravel.com). Listed on
Euronext Growth Milan (BIT: TWL) and OTCQX New York (ticker:
TRWAF), the company operates 130 stores in 45 airports across 13
countries, with over 200 employees and 4 million customers served
worldwide. TraWell Co. offers unique exposure to a portfolio of
commercial activities and services for travelers. With over 25
years of experience, TraWell benefits from the growth in the air
travel sector and spending on wellness and security services.
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Investor Relations. TraWell Co. S.p.A
investor.relations@trawellco.com Tel: +39 0331 777154