gategroup Extends, Expands Business with SAS

By Gategroup, PRNE
Monday, June 13, 2011

ZURICH, June 14, 2011 -

Gate Gourmet, a member of gategroup, has extended the existing
contract with Scandinavian Airlines System (SAS) meant to expire in
2014 for two additional years to 2016 covering catering and
provisioning services at the airline’s three main hubs in
Copenhagen, Stockholm/Arlanda and Oslo as well as other locations
in Scandinavia.

Separately, the companies also reached a five-year extension of
an existing agreement covering catering services at over 15
locations worldwide. This out-station agreement now also expires in
2016, and the scope of cities includes potentially new locations
where Gate Gourmet has a presence but did not yet serve SAS. The
companies also reached a similar extension of an existing agreement
covering the supply of products provided by sister company

Over their life, the extensions to the existing contracts and
associated new business will generate revenues worth
approximately CHF 250 million.

“We are extremely proud to extend and expand the strong
partnership with Scandinavian Airlines System. Both companies share
a passion for reliability, innovation and quality,” said Andrew
, interim Chief Executive Officer of gategroup. “We are
pleased to retain SAS as one of Gate Gourmet’s key customers well
into the future.”

Gate Gourmet provides catering and provisioning service for SAS’
Business and Economy cabins on long-haul flights from the airline’s
Scandinavian hubs, Copenhagen, Stockholm and Oslo; for the Business
and Economy Flex cabins on European flights; and for
intra-Scandinavian flights as well as for charter flights from six
Scandinavian locations.

About gategroup:

gategroup is the leading independent global provider of
products, services and solutions related to a passenger’s onboard
experience. gategroup comprises 11 member companies, which are
deSter, eGate Solutions, Elan, Gate Aviation, Gate Gourmet, Gate
Safe, Harmony, Performa, potmstudios, Pourshins and Supplair.

The Group’s world-class capabilities are focused in catering and
hospitality; provisioning and logistics; and onboard solutions.

Shares of Zurich-based gategroup are traded on the SIX Swiss
Exchange under the symbol GATE. Please visit href="">

Media, John Bronson, Corporate Communications, +41-43-812-2048, jbronson at, or Investors, Dagmara Wawrzonowska, Investor Relations, +41-43-812-54-96, dwawrzonowska at

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