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YVR retail programme
By Doug Newhouse
Inspired by the successes of the 2010 Olympic Games at YVR, Vancouver Airport Authority has launched a retail and community promotion that marketed the airport as a destination, called 'Take Off Fridays'.
Tue, 31 Aug 2010 10:49:43 +0200
'..most profitable company in the TR industry'
By Doug Newhouse
Hellenic Duty Free Shops' General Director George Velentzas says that HDFS still remains 'the most profitable company in the Travel Retail Industry', with HY1 earnings before tax up by 9.7% to E.21.6m ($27.3m) despite an -8.9% sales decline to E.93m ($117.5m).
Tue, 31 Aug 2010 10:48:55 +0200
Vancouver welcomes first Chinese tour groups
By Doug Newhouse
YVR Vancouver Airport Authority welcomed the first organized tour groups from mainland China earlier this month following the approval of Canada as an approved destination.
Tue, 31 Aug 2010 10:47:22 +0200
APTRA member data index
By Doug Newhouse
The Asia Pacific Travel Retail Association (APTRA) has agreed to work with the industry's leading statistical and market analysts Generation Research to produce regular statistical reports on the duty free and travel retail industry in the Asia Pacific region.
Tue, 31 Aug 2010 10:46:22 +0200
Mexicana ceases flying
By Doug Newhouse
Leading Mexican airline Mexicana de Aviacion ceased all operations at the weekend after the Tenedora K consortium examined the books and subsequently decided not to invest fresh capital into the ailing airline or its two budget carriers, Link and Click.
Tue, 31 Aug 2010 10:45:33 +0200
Dubai handled a record 4.3m passengers
By Doug Newhouse
Dubai International Airport handled a total of 4,307,926 passengers in July compared to 3,768,965 in July 2009, a year-on-year increase of 14.3%. The year-to-date traffic reached 26,862,371, up 16% compared to 23,166,054 in the corresponding period in 2009. The closest the airport has ever previously come to the 4m-passenger level was in March 2010 when total traffic for that month reached 3,968,672.
Tue, 31 Aug 2010 10:44:59 +0200
Retail sales up 19% to $75m at Abu Dhabi
By Doug Newhouse
The Abu Dhabi Airports Company (ADAC) reports that its first half retail turnover at Abu Dhabi International Airport rose by 19% to $75m in the first six months of 2010. This follows ADAC's impressive retail sales turnover of $136.2m in 2009 and ADAC is now on target to reach the expected $170m sales turnover mark by the end of 2010.
Tue, 31 Aug 2010 10:44:27 +0200
Vienna revenue up 3.5%
By Doug Newhouse
The Flughafen Wien Group (Vienna Airport) recorded revenues up 3.5% to E.253.2m ($321m) in the first half of 2010, with net profit up 11.6% to E.38.1m ($48.3m) outpacing traffic growth and EBITDA up 6.9% to E.85.7m ($108.6m) and EBIT up 12.7% to E.52.6m ($66.7m) for the reporting period. The Retail & Properties Segment reported a 2.3% increase in revenue to E.44.7m ($56.6m).
Tue, 31 Aug 2010 10:43:52 +0200
Schiphol commercial outperforms HY1 traffic
By Doug Newhouse
The Schiphol Group has reported net revenue of E.545m ($693m) and a net result of E.69.2m ($88m) for the first six months of 2010, with its Consumer Business division revenue (including all retail) rising by 2.8% to E.137.6m ($174.9m) and outperforming traffic, while its Aviation business division saw total revenues fall by -3.6% to E.318.1m ($404.5m).
Mon, 30 Aug 2010 10:01:32 +0200
Lauder launches Blue Dahlia
By Doug Newhouse
Estée Lauder's new Fall 2010 season will feature the Blue Dahlia Pure Color Collection formulated by its Creative Makeup Director Tom Pecheux, which promises to deliver 'smoldering eyes, shimmering lips and bold nails'.
Mon, 30 Aug 2010 10:00:42 +0200
