Korean arrivals debate due; airport plans big retail expansion

Dermot Davitt

5-Aug-2005

Arrivals firmly on the agenda as Seoul Incheon airport plans to almost double departures duty-free space

In September, South Korean lawmakers will debate proposals to introduce arrivals duty-free legislation in the country. A new bill containing the proposals was put forward by 44 members of parliament in June. But there are no guarantees the bill will succeed. It is supported by airport authority Incheon International Airport Corp (IIAC) and has widespread public support. But Korean Customs and the country's leading airlines are opposed. IIAC estimates arrivals would generate $40m in sales in its first year.

"Some lawmakers are positive about it but others are negative," IIAC general manager Bum Ho Kim told RavenFox.com. "It's difficult to say whether it will be passed or not."

Meanwhile, work on a new 32-gate concourse begins in 2006 and is scheduled for completion in 2008. This will add 6,500sq m (70,000sq ft) of duty-free space, added Kim. Today, four duty-free operators share 44 shops in 8,500sq m (91,500sq ft) of retail space.

 

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(1-Sep-2005) - SOUTH KOREA. A new 32-gate concourse at Seoul Incheon airport will add 6,500sq m (70,000sq ft) of duty-free space when it is completed in 2008, Incheon International Airport Corp (IIAC) has told DFNI
(15-Feb-2005) - Airport authority says the move would offset any losses in inflight sales caused by the introduction of arrivals shopping
(14-Dec-2004) - Hotly disputed arrivals business could be introduced in South Korea in February
(20-Dec-2005) - Airport authority forecasts sales of $735m in 2005 from its four duty-free operators