Dixons Travel to close airport stores

Dixons Travel is to close its airport and cruise stores following a significant drop in passengers due to the Coronavirus (Covid-19) and the removal of airside tax free shopping in the UK, TRBusiness can confirm… Read more…

Former BUD Chief Commercial Officer Kam Jandu to assume new role at MAI

Respected aviation executive Kam Jandu has announced he is joining the leadership team at Munich Airport International… Read more…

Family of late Samsung Chair Lee Kun-hee ‘to foot hefty inheritance tax bill’

The family of former Samsung Group Chairman Lee Kun-hee are to pay inheritance tax tipped at more than KRW12 trillion/$10.7 billion on his estate… Read more…

Lagardère Travel Retail revenue down 58% to €341 million in first quarter

Tightened travel restrictions in most countries across Europe dented Lagardère Travel Retail’s first quarter earnings, which fell by 57.6% on a reported basis (-51.6% on a like like-for-like basis) year-on-year to €341 million/US$406 million… Read more…

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