Foreign Exchange/Tax Refunds
Aena commercial revenue growth outstrips passenger traffic uplift in first half
Within retail channels, food & beverage (+6.8% year-on-year) and speciality shops (+5.8%) were the best performers by sales, with duty free climbing a modest +0.3%.
“I am delighted to join Travelex at this pivotal time in its journey. The business has shown remarkable resilience, having navigated the challenges of the pandemic and made significant progress in recovering and stabilising its operations over recent years,” says Travelex CEO Philip Bowcock.
A high-quality list of short-listed candidates has been named for the Australian Airports Association (AAA) Retail & Commercial Forum Awards 2025, following a rigorous independent judging process.
A record number of exhibitors will be part of the upcoming Australian Airports Association Retail & Commercial Forum in Sydney on 21-23 July.
A record 35 event partners have signed up to support the Australian Airports Association Retail & Commercial Forum in Sydney on 21-23 July.
Manchester Airports Group today reported full-year results for the 12 months to 31 March, with income from retail concessions climbing +9% year-on-year to £327.9 million (US$451 million).
The annual awards recognise excellence and achievement across the airport commercial revenues sector in Australia, New Zealand and the Pacific region.
Concession revenues across the period reached THB5,187.81 (US$157 million), down -18.79% year-on-year. Across the six months from October to March, these revenues stood at THB10,829.15 (US$327.67 million), falling -9.07%.
Norris, an experienced and deeply respected airport commercial executive, is currently General Manager of Aviation and Commercial at Sunshine Coast Airport. He has previously held leadership positions at Vancouver, Auckland and Perth airports.
The Australian Airports Association Retail & Commercial Forum, scheduled for 21-23 July in Sydney, will include a blockbuster programme of seven extra-curricular activities.
Groupe ADP has reported first-quarter revenues to 31 March, with its Retail and Services division posting a +14.8% rise year-on-year to €489 million.
A new initiative from the travel fintech company allows downtown shoppers at Gold Souk to choose to convert their tax refunds into vouchers worth up to +25% more than the original refund amount.
The organisers of the fourth Australian Airports Association Retail & Commercial Forum have revealed key topics to be addressed at this year’s event in Sydney on 21-23 July, as a compelling programme takes shape.
