DFASSDuty Free Air and Ship Supply
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Upon completion of the Transaction, each of DFASS and APS will hold 15% of the share capital of the Target.
We will be working with DFASS to streamline and improve our existing service whilst exploring a number of new opportunities for our customers, including pre-order and mail order through the Internet.
We see this as a very exciting opportunity for the company," said DFASS chief executive officer Benny Klepach.
This is a great success that would not have been possible without our partner DFASS Group as well as the considerable efforts of our team that worked hard to achieve this result.
Under the agreement signed with DFASS Group, the latter is using its large network of product resources to formulate a unique program for RJ appealing to the needs and desires of the airline's passengers.
DFASS VP Operations-EMEA Mario Mouarbes said: DFASS is excited to commence operations in Jordan, and will leverage its global reach to ensure that Royal Jordanian is bringing first-class services to its passengers through state-of-the-art systems.
In addition to a broad range of tequilas and regional spirits, DFASS will be featuring high-profile displays and brand personalisations from Pernod Ricard, including Chivas Regal, Absolut, Ballantine s and Martell.
The service, which is the first of its kind in the industry, is offered through a strategic agreement with the DFASS Group.
The second-largest duty free shop operator in Korea, Hotel Shilla, has announced its plans to acquire DFASS Group, an American retailer supplying duty free items to carriers.
DFASS Group declared that it has inked a new three-year agreement with Air Canada.
Hong Kong Express (HK Express) has entered into a new inflight duty free partnership with DFASS Group, announced by the carrier's Deputy CEO Andrew Cowen.
Major inflight concessionaire DFASS Group organized the annual Singapore Airlines KrisShop training and motivational event on 18 September at the Grand Copthorne Waterfront Hotel and Zouk Club.