News on 7 November 2000

Frankfurt and Schiphol join forces

The companies that operate Schiphol and Frankfurt airports have announced the name and further details of their alliance agreed at the end of last year.

In a joint statement, the CEO of Flughafen Frankfurt/Main AG (FAG), Dr. Wilhelm Bender, and of Schiphol Group, Gerlach Cerfontaine, announced that the alliance will be called 'Pantares'. Under the new brand name the two operators will be offering a wide range of services to the global airport market.

This is the first alliance between two major international airports and the companies say it parallels the development of alliances in the airline industry. FAG and Schiphol Group are developing cooperation in six key business areas: passengers and retailing, aviation ground handling and cargo, real estate development, facility management, information and communications technology, and international activities.

The first examples of cooperation include two joint-venture companies to be launched shortly: one for exclusive international retail management and the other for information and communications technology (ICT). In the more than 100 privatisation projects coming up internationally, both CEOs see excellent opportunities for mutual success.

FAG and Schiphol Group already work closely together on other international projects. They expect to secure greater market acceptance and project success by cooperating in international joint ventures such as those in Indonesia and Thailand. The partners expect to develop business activities in other fields such as joint purchasing, terminal development, and e-business.

Geert Freling, IFMA's first Chairman from outside North America, will be taking a keen interest in the development of the alliance. Formerly General Manager of the outsourced FM Schiphol business unit, he now heads his own operation, Business Infrastructure Management Schiphol

Richard Byatt

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