The TRBusiness 90 second news update – 20 December

By Charlotte Turner |

The TRBusiness 90 second news update brings you the top stories for 20 December.


IAA tenders $362m Tel Aviv duty free contract


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…



Government opposes Ryanair Aer Lingus offer


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…



World Bank: resilient East Asia and Pacific


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… exceeds 3.8m page views in 2012


And finally, the Travel Retail Business is proud to announce that, to date, 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…



I hope you enjoy the latest video.


Editor, Charlotte Smith.

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