Latin America

Aeromexico files for bankruptcy protection

Grupo Aeromexico SAB, Mexico’s second-largest airline, filed for bankruptcy in the U.S., the fourth Latin American carrier to seek the Court’s protection after the COVID-19 pandemic caused a severe downturn in travel, reports Bloomberg. In a message on the Aeromexico website, CEO Andrés Conesa said: “We have initiated a voluntary procedure to implement a financial restructuring […]

OAG: Shake up in South America aviation

In its June 25th coronavirus update report by Becca Rowland, OAG Aviation World-wide points out that while aviation is “reeling” around the world, South America’s carriers are not receiving the significant government support that North America and Europe have seen for airlines. This will be an important factor in how the industry on these continents will emerge from the […]

ASUTIL takes to the press in appeal for government assistance to save regional travel retail industry

South American Duty Free Association ASUTIL turned to one of Uruguay’s leading newspapers, El País, to add weight to its plea to local governments for assistance during the COVID-19 crisis, with requests to use e-commerce to sell to a domestic consumer and to Brazilians. ASUTIL Secretary General Jose Luis Donagaray, speaking with media during a virtual news […]

Sky Duty Free opens first store in Foz de Iguaçu

Despite COVID-19 restrictions in place, Sky Duty Free officially opened the first duty free shop in the Brazilian border town of Foz de Iguaçu this Monday, with an impressive welcome.  The 550sqm store debuted on May 4 with municipal and regional authorities in attendance along with the company’s senior management. The Brazilian government approved the […]

ASUTIL preparing for “the day after”

South American Duty Free Association ASUTIL continues to work diligently with its members and other industry partners looking for ways to ease the financial burden on retailers as a result of the coronavirus pandemic that is decimating travel and travel retail. “People are afraid to travel. The world has stopped. The industry has stopped,” said […]

Regency Group opens new Colon 2000 cruise port stores

The Colon 2000 cruise port in Panama now has a new duty free operation in effect. Regency Group, a privately owned multinational company with headquarters in Panama, which won the concession to develop some 4,500 square meters of premium travel retail space within the terminal in 2018, held a soft opening of its new Colon […]

Seiko now available in select Attenza Duty Free stores

Panama-based Duty Free Dynamics (DFD) continues to make progress with its innovative Master Franchisor concept. Most recently the company has launched Seiko watches in high profile presentations in the Attenza duty free stores in Colombia and Ecuador. The introduction of the brand at Attenza Duty Free featured the launch of Seiko’s iconic collection: New Seiko 5 […]

Melancia Mall faces bankruptcy threats

According to Uruguayan press reports, insolvency proceedings have begun at Melancia Shopping Mall as creditors look to recover outstanding debts. A court appointed liquidator is now managing the retail complex to assess the long-term viability of the US$60 million retail complex situated on the outskirts of the Uruguay border town of Rivera. The complex, which […]

Duty Free Dynamics launches Timex watches with Attenza

Panama-based Duty Free Dynamics announces that it has launched its Timex watches with Motta Internacional’s Attenza Duty Free stores. Working under its concept of master franchisor for the travel retail channel in the Americas, DFD has positioned the renowned watch brand in Attenza stores in four out of six of the countries where Attenza operates: […]

London Supply raises $700K+ at charity Golf Tournament

Argentine travel retailer London Supply has raised more than three-quarters of a million dollars from the 16th edition of its annual golf tournament, held at the beginning of January in the Uruguayan resort town of Punta del Este. On top of the US$781,479 originally raised, an additional $400 was donated at the prize giving as […]

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