Supreme Court ruling reinstates airport's contract with Lotte

The Guam International Airport Authority gets to keep its long disputed concession agreement with Lotte Duty Free following a recent decision by Guam Supreme Court reversing a judge's 2018 ruling that voided the contract.

The high court issued a unanimous decision in a 78-page ruling on Aug. 11, vacating the Guam Superior Court’s 2018 judgment on a lawsuit filed by DFS Gua, which challenged the airport's award of a $154 million specialty retail concession contract to Lotte Duty Free in 2013.

“The Supreme Court’s opinion presents a favorable outcome for GIAA and its continued operations of its current specialty retail concession contract,” said John “JQ” M. Quinata, GIAA executive manager. “Our current retail concessionaire—which has been in place since 2013—has generated tens of millions of dollars of revenue and provided financial stability for the GIAA.”