Gategroup, an independent provider of onboard products and services to the world’s airlines, has extended business with long-time customer Iberia, Spain’s leading carrier, and Iberia Express.
Gategroup has signed a pair of five-year agreements that cover Iberia and its newly formed short- and medium-haul subsidiary, Iberia Express.
The agreements will take effect from the end of an existing contract in 2015. The total value is approximately CHF 425m in revenue over the life of the contracts.
Gategroup’s core brand Gate Gourmet will provide catering and provisioning services at Madrid and Barcelona, the two main Spanish airports in Iberia’s network, as well as at multiple locations across Europe, the US and Latin America.
Gate Gourmet will also supply products to Iberia’s VIP lounges in Madrid, and under the separate contract with Iberia Express, will provide business class catering for that subsidiary.
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