Miami International becomes a foreign free trade zone
Miami International's new status will allow companies to receive and process materials and merchandise with reduced or eliminated customs duties upon entry into the country.
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Miami International's new status will allow companies to receive and process materials and merchandise with reduced or eliminated customs duties upon entry into the country.
Expected to open in May this year, King Abdulaziz International Airport's new terminal will be the end product of more than a decade's work. Ahead of the opening, the operators are looking for concessionaires who want to set up shop in the 'gateway to Mecca'.
Jeweller Tiffany & Co. and designer Burberry are among the big names recently moved into the renovated concessions precinct at Australia's second biggest airport.
The subsidiary of Fraport USA will continue managing the retail and dining programme at Cleveland Hopkins International Airport through to the beginning of 2024.
Just in time for Christmas, Hamleys has moved in to Britain’s second biggest airport with its only pop-up store.
STO Express will launch scheduled B747 freighter flights to the Hungarian airport, which it has named as its preferred European hub.
Pioneering software from Concessionaire Analyzer+ which allows airports to control, manage, analyse and ultimately boost their non-aeronautical revenues through a modular solution, has been recognised by winning the inaugural International Airport Review Revenue Generation Award.
The American airport has expanded its portfolio with a $10.4 million sports complex.
26 October 2017 | By IATA Consulting
Last year, global non-aeronautical revenues for airports reached US$60bn; representing 40% of global airport revenues. Although these are significant amounts, the full non-aviation business potential is often not realised at airports.
Manchester Airport has unveiled a marketing campaign to attract new retailers and F&B outlets as part of its £1bn transformation programme.
Nancy Knipp, Senior Vice President at Airport Lounge Development explores the reasons behind the rise of the shared airport lounge in the United States.
Luxury watch brand Helios has entered the travel retail segment with its first airport store in India at Terminal 1 of the Chhatrapati Shivaji International Airport (CSIA), administered by GVK Mumbai International Airport Private Limited (MIAL).
Aberdeen International Airport has reported an increase in total passenger numbers for July 2017 with continued increases in both domestic and international passenger numbers. 301,089 passengers travelled through the airport last month which was an overall increase of 2.7%
The Lufthansa Group increased its total revenues by 12.7 percent to EUR 17.0 billion in the first six months of 2017 (prior-year period: EUR 15.0 billion).
Non-aeronautical income of airports has traditionally come from the lease or operation of duty-free and specialty retail outlets, restaurants and other airport services such as currency exchange or luggage wrapping. Dr. Patrick Bohl, Chair of the ACI Europe Commercial Forum and Head of Retail and Advertising at Budapest Airport, explains…