TraWell Co. Renews Miami Airport Contract, Extends Average Duration

The baggage wrapping service provider extends its concession at a key global hub until 2036.

Published on Feb. 12, 2026

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TraWell Co. S.p.A. has renewed its concession to provide baggage wrapping services at Miami International Airport (MIA) until December 31, 2036. Miami is one of TraWell's most strategic and high-traffic locations globally, and the renewal strengthens the company's presence in North America while boosting its long-term revenue visibility.

Why it matters

The Miami airport contract renewal is significant for TraWell as it represents one of the company's most important global hubs due to passenger volumes and international traffic. The extended contract duration of over 5 years on average provides TraWell with greater financial stability and the ability to plan long-term.

The details

The renewal of the Miami concession until 2036 follows recent contract renewals in Portugal, bringing TraWell's weighted average contract duration to over 5 years - the highest level since the company's founding over 29 years ago. This strengthens TraWell's revenue visibility and long-term planning capabilities.

  • The Miami concession renewal is effective until December 31, 2036.

The players

TraWell Co. S.p.A.

A global provider of baggage wrapping services, operating in major airports worldwide.

Miami International Airport (MIA)

One of the busiest international airports in the United States, serving as a key hub for TraWell's global operations.

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The takeaway

TraWell's contract renewal in Miami solidifies its presence at a critical global airport hub, providing the company with greater long-term revenue visibility and the ability to strategically plan its operations across its worldwide network.