Aryzta sees falling revenue in UK and Ireland

first_imgAryzta has seen revenue fall across its UK and Irish speciality bakery businesses as “substantially reduced customer spending” has resulted in tough trading conditions for the firm.Revenue in its Food Europe division dropped 11.4% for the 13 weeks to 31 October 2009.The company, formed in August 2008 through the merger of Irish company IAWS and Swiss Bakery firm Hiestand, said the fall was “principally driven by extremely tough trading conditions in the UK and Ireland”, with a revenue decline in these markets in the region of 25% for the period.Aryzta is a mix of business-to-business and consumer brands, including Hiestand, Cuisine de France and Delice de France. Its Food Europe division comprises its speciality bakery businesses, which span across Switzerland, Germany, Poland, the UK and France.last_img read more

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Tigerair Australia pushes for airport equality

first_imgTigerair Australia has asked the Federal government’s National Completion Council (NCC) to advise Transport Minister Warren Truss to “declare” Sydney Airport Terminal 2 under competition law.The move would mean that Tigerair Australia could be given higher priority in terms of use of access gates, check-in counters and address some of their concerns about investment in check-in technology for greater processing of passengers.Tigerair has said that these aforementioned issues add to its operating costs and on-time performance.Tigerair Australia chief executive officer Rob Sharp said that the airline had drawn the short straw in terms of access to airline infrastructure.“As a relatively new entrant at Sydney Airport, Tigerair currently operates in an environment where the infrastructure is increasingly constrained,” Mr Sharp said.“This has a major impact on the experience of our customers, increases operating costs and limits future expansion opportunities.”Mr Sharp also said that discussions over access and efficiency issues were taking place with Sydney Airport.“Tigerair has been in ongoing negotiations with [Sydney Airport Corporation Limited] SACL for increased access to T2 and it remains Tigerair’s firm intention to reach commercial agreement with SACL,” Mr Sharp said.“In the event that commercial agreement cannot be reached, we would like to have the opportunity to make use of the arbitration process provided for in Part IIIA of the CCA, which was designed specifically for situations like this.”The NCC now has 180 days to consider Tigerair’s application. If the Terminal is not declared in the airlines’ favour, it may seek to solve the problem with the Australian Competition and Consumer Commission.Source = ETB News: Tom Nealelast_img read more

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