Travel Food Services Wins Major F&B and Lounge Concession at Cochin International Airport T1
This contract at Cochin International Airport, the 8th busiest in India, significantly expands TFS's presence to 14 of the 15 largest airports in the country, strengthening its market leadership and growth potential in the travel F&B and lounge sectors.
The company has secured a significant new contract at a major Indian airport, expanding its operational footprint and market presence, which is a positive development for its growth strategy.
* Travel Food Services Limited (TFS) has been granted a Letter of Award (LOA) by Cochin International Airport Limited (CIAL). * The LOA is for setting up, operating, maintaining, and managing food and beverage outlets, a lounge, and a bar in the security hold area of the Domestic Terminal (T1) at Cochin International Airport. * The license has an initial term of 5 years, extendable by another 2 years based on agreed terms. * Under this contract, TFS will operate 12 units, comprising 11 Travel QSR outlets and 1 lounge. * Cochin International Airport is the 8th busiest airport in India, having handled over 11 million (1.1 crore) passengers in FY2024-25. * Mr. Varun Kapur, Managing Director and CEO of Travel Food Services Limited, commented that this win increases TFS's presence to 14 of the 15 largest airports in India, reflecting the strength of its franchise and technical expertise. TFS plans to introduce an exciting mix of brands to Cochin Airport.
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Travel Food Services Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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