Formed as a new company, Leifur Ericsson Air Terminal Ltd. was to operate
the terminals of Keflavik Airport in Iceland. This client had as one of its aims to
develop the commercial activities with particular focus on the important duty-free
business. Alan Bork performed an audit and benchmark of the commercial
business and provided guidance and input to the strategic elements of the
process of gearing the new company for the future challenges.
Part of the strategic advice was to split up the duty-free business in a separate
airport owned subsidiary with its own management structure. The client choose
to do so and as an independent profit-centre the duty-free company substantially
improved its EDITDA through improved margins and better cost efficiency.
"The strategic input provided by Alan Bork was very professional and indeed very
useful in our business development considerations. We will most certainly draw
again on Alan Bork’s consulting services during our upcoming terminal project."
Höskuldur Asgeirsson, Managing Director
Leifur Eiriksson Air Terminal Ltd., Keflavik Airport, Iceland |