Financial News

(16-Jul-2008) Lower risk, a broad concept portfolio and category expertise are three factors cited by Autogrill as it explains how its travel-retail triumvirate will benefit landlords

(3-Jul-2008) The European Commission has approved the acquisition of Scandinavian Tobacco’s cigarette business

(27-Jun-2008) Benefits include bonus air miles on inflight retail purchases and entry to a prize draw to win 1m Cathay air miles

(23-Jun-2008) Operators should be able to negotiate lower credit card fees after MasterCard suspended its Multilateral Interchange Fee last week

(28-May-2008) The Spanish owner of BAA is to sell the airport it acquired five years before it bought the UK airport authority

(28-May-2008) The duty-free retailer’s sales were up 113.4% to €113.4m ($178.4m) in the first three months of the year

(28-May-2008) Declining income from landside stores, car parking, car rental and foreign exchange outweighed growth from airside speciality stores, advertising and World Duty Free in the first quarter

(23-May-2008) The Pacific Asia Travel Association and Centre for Asia Pacific Aviation have warned that the effects of record oil prices will be passed directly to consumers and will influence travel-retail

(21-May-2008) The opening of new stores at airports and on cruiseships contributed to a strong first three months for the retailer in 2008

(20-May-2008) The French airport authority registered an increase of 12.9% in commercial revenue in the first quarter of 2008