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Quantas Contract Renewal

16 May 2008 07:00

RNS Number : 5856U
Watermark Group PLC
16 May 2008
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16 May 2008

Embargoed 0700hrs

Watermark Group Plc

Contract Renewal

Watermark Group Plc, a leading provider of in-flight products, catering and cabin management services to the airline and travel industry, today announces its wholly owned subsidiary, Air Fayre Limited ("Air Fayre"), has successfully retained its contract to provide catering for all of Qantas' flights from London, Heathrow for a further 3 years. The new contract begins in December 2008 and is valued at approximately Β£7 million per year, a significant win for Air Fayre.

Stephen Yapp, Executive Chairman said "We are delighted that Qantas has decided Air Fayre should retain this contract and look forward to working closely with Qantas, developing their in-flight meal service offerings and helping them to maintain the excellent customer service for which they are renowned."Β 

For further information, please contact:

Watermark Group Plc

Tel: +44 (0) 20 8606 2000

Stephen Yapp -Β Executive Chairman

Carl Fry -Β Interim Chief Financial Officer

Tavistock Communications

Tel: +44 (0) 20 7920 3150

Jeremy Carey

Matt Ridsdale

This information is provided by RNS
The company news service from the London Stock Exchange
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