Bright Star glows after impressive 2005 results

15-Mar-2006

PARAGUAY. Asunción-based duty-free operator Bright Star Business Corp posted a 38.8% year-on-year sales increase in 2005. The company runs stores at Asunción Silvio Pettirossi airport and holds the inflight concession on board TAM Mercosur

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General manager Nicolás Urioste told DFNI: "Almost all flights to and from Paraguay were full last year and with regional exchange rates fairly stable and the Brazilian real stronger, the

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(14-Jul-2001) - PARAGUAY. The future of duty-free at Asunción Silvio Pettirossi airport is in disarray after the Paraguayan president revoked a decree paving the way for the country?s first airport duty-free stores.
(5-Sep-2002) - PARAGUAY. Paraguayan duty-free operator Bright Star has signed a two-year deal with Asunción-based airline TAM Mercosur to supply and manage its duty-free assortment. TAM Mercosur, a sister airline to São Paulo-based TAM, is the biggest airline operating out of Asunción, and carried over 300,000 passengers last year.
(4-Sep-2006) - The Paraguayan retailer appoints experienced hotel executive to replace Nicolas Urioste