ATU Duty Free has been awarded its first duty free retail concession in the USA. The Turkish-based company is a joint venture between TAV Airports Holding and Unifree Duty Free/Gebr Heinemann. The new 10-year contract will commence on July 1, 2015 in Terminals A, B, C & D at George Bush Intercontinental Airport (IAH) in […]
Travel Markets Insider Articles
Haiti to get new airlift and cruise terminal
Two critically important tourism developments were announced for Haiti over the past few days. American Airlines will become the first US major carrier to offer daily, nonstop service to Cap-Haïtien, Haiti, the country’s second largest city. And Carnival Corp. announced that it had signed a memorandum of understanding to develop a $70 million […]
Dufry shows accelerated growth in 2Q
Dufry Group reports that strong organic growth of 5% in the second quarter from 2.2% in the first quarter helped turnover grow by 6.7% in constant exchange rates (cer) — 2.4% in Swiss Franc — in the first half of 2014. Dufry’s first half sales reached CHF 1,707.9 million (approx. US$1,884m). EBITDA reached CHF 221.4m […]
ACI, IATA, CANSO, ICAO convene to discuss risks
Following the downing of Malaysia Airlines Flight MH17, the International Civil Aviation Organization (ICAO), the International Air Transport Association (IATA), Airports Council International (ACI) and the Civil Air Navigation Services Organisation (CANSO), held a high level meeting last week in Montreal to jointly express their strong con- demnation of the use of weapons against civil […]
Furla opens in Duty Free City
One highlight of the new Duty Free City land border store opened last week in San Ysidro is a 15sqm personalized corner from Italian leather goods brand Furla. Commenting on the opening, Furla Global Travel Retail Director Gerry Munday said: “Furla is delighted to be working with Duty Free City as the sole leather […]
Fraport acquires AIRMALL USA
Germany’s Fraport Group has entered the US market and will be managing retail outlets in Balti- more (BWI), Boston (BOS), Cleveland (CLE) and Pittsburgh (PIT) airports. Effective Aug. 1, Fraport acqu- ired 100% of US-based AMU Holdings Inc., which owns AIRMALL USA Holdings Inc. (AIRMALL). One of the leading airport-concessions developers in North America, […]
Duty Free City opens Flagship location in San Ysidro
New US travel retail operator Duty Free City officially opened its doors at its flagship location on the US-Mexico border in San Ysidro, California, on July 29. Located at 601 East San Ysidro Boulevard, the 14,000-square foot retail location created in the Spanish Colonial style is described as a luxurious shopping experience with beauty […]