Vantage Airport Group Diversifies its Concession Portfolio

Justin Lee

Singapore

October 7, 2021

LaGuardia Terminal B

Vantage Airport Group is a leading investor, developer and manager of airports around the world. It is wholly-owned by New York based Corsair Capital Infrastructure Partners. Currently, Vantage Airport Group’s global network encompasses a diverse group of assets, from small destination airports to large capital city airports.  Apart from its stake in Larnaka Airport and Pafos Airport in Cyprus, the rest of its investments are in North America and the Caribbean.

Source: Vantage Airport Group Website

Vantage Airport is also expanding its capabilities as an airport concessions program developer.

Source: Flickr

The award of a major news, gift and food & beverage concession for the New Terminal at Kansas City International Airport to Vantage Airport Group in September 2021 will only strengthen Vantage Airport Group’s experience in concessions management. The award also reflects Vantage Airport Group’s success in transforming the dining and retail experience at Chicago Midway Airport as well as its other airport assets. At Chicago Midway Airport, Midway Partnership had generated a 9% increase in passenger spend in the first year of operations, with total gross sales of US$107mn, US$8.5mn higher than the previous year’s program.

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