The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
BREAKING NEWS: JAYA SINGH ELECTED NEW TFWA PRESIDENT
Jaya Singh, Mondelēz World Travel Retail, European Export & Switzerland Managing Director, was today elected President of the Tax Free World Association.
Singh was elected by the TFWA Management Committee during its annual December meeting. His term is for one year.
In its announcement, the TFWA Management Committee thanked current president Alain Maingreaud for his hard work and dedication to the industry, as well as his previous contribution as Managing Director and member of the TFWA team for over 20 years.
“It is a great privilege to be elected as TFWA President and I would like to thank all Management Committee members for their support and trust,” commented Singh, who is greatly respected throughout the industry.
“I also thank my predecessor Alain Maingreaud for his important contribution as President over the past two years. As we face the most serious crisis ever to hit our industry, I am determined to work with our Board, Management Committee, staff and partners to ensure we play a central role in the recovery of the duty free & travel retail sector over the year ahead,” added Singh.
In addition to Maingreaud, Melvin Broekaart, Managing Partner at global airport consultancy Aircommerce, was also running for the position.
2021 VIRTUAL SUMMIT OF THE AMERICAS
The other important story for the region is the opening of registration for exhibitors and visitors for the 2021 Summit of the Americas, which will be held in virtual form on April 5-9. Read more details on page 1.
TFWA China Reborn online event. More than 5,000 live stream connections took place during last week’s three-day virtual event that examined the remarkable recovery of China’s travel and travel retail industries. Page 1.
BY THE NUMBERS
ACI reports on the impact of COVID-19 on the airport business: Faltering traffic recovery, deepening revenue shortfall, but strong hopes for a vaccine. Page 2-3.
FORWARDKEYS & TSA
Americans traveled in record numbers by air over the Thanksgiving holiday, despite COVID-19 health warnings. Page 5.
In more PEOPLE news, U.S. industry trade organization Airlines for America (A4A) elected the heads of Southwest Airlines and Jet Blue as its new Chairman and Vice Chairman of the association, as the group details the devastating impact that the pandemic is having on the aviation industry in the U.S. Page 2.
Martine Williamson returns to Revlon as its new chief marketing officer. Page 2.
AIRPORTS
Marshall Airport Group opens the first LEGO airport store in the U.S. at Salt Lake City International Airport. Page 4.
Argentina extends AA2000’s airport concession by 10 years. Page 3.
MIA is on pace for a record year in cargo, driven by its position as a pharmaceutical hub. Page 3.
SFO earns ACI COVID-19 health accreditation. Page 3
SUPPLY SIDE: BEAUTY
Interparfums upbeat on prospects for new I Want Choo Jimmy Choo fragrance. Page 5
Puig ramps up its business with an ambitious growth plan and new structure. Page 5
Shiseido Travel Retail unveils its joyous Holiday Collection. Page 6
