The TRBusiness 90 second news update brings you the top stories for 20 December.
The Israel Airports Authority (IAA) is tendering 3,300sq m of duty free space at Tel Aviv Ben Gurion Airport, which was worth $362m in 2011.
The IAA told the Business that Duty Free Americas (DFA) has won a 5-year duty free contract at Ovda Airport in southern Israel, representing its first step into this market.
Read more… http://bit.ly/V6kYeL
The Irish Government is opposed to Ryanair buying the State’s 25% Aer Lingus stake, although it says it will sell ‘under the right conditions’.
In a statement the Republic of Ireland’s Transport Minister said: “The Government is not prepared to support any offer that would significantly undermine connectivity or competitiveness for Ireland.”
Read more… http://bit.ly/V6AKGm
The World Bank reports that the economies of developing East Asia and the Pacific have remained resilient, despite less impressive performances in the global economy elsewhere.
Its latest East Asia and Pacific Economic Update projects the region will grow at 7.5% in 2012.
Read more… http://bit.ly/V6pSs1
And finally, the Travel Retail Business is proud to announce that, to date, TRBusiness.com has clocked 3.8 million page views since it launched in February of this year.
Total visits to the site reached 761,000 and its busiest month was October with a record 418,000 hits.
Read more… http://bit.ly/V6Kn81
I hope you enjoy the latest video.
Editor, Charlotte Smith.