TRBusiness 90 second news update

By Charlotte Turner |

HNA pays $1bn for 20.92% in Dufry as ‘partners’ talk

China’s HNA Group has informed Dufry that it has closed the acquisition of the 16.2% shareholding acquired from GIC and Temasek…read more… http://bit.ly/2wtdMUA

 

Fraport ‘anticipates new retail space’ at Frankfurt Pier G

Frankfurt Airport’s (FRA) new Pier G could welcome space for retail, as the Fraport-operated hub continues to respond to rising demands from low-cost passenger traffic…read more… http://bit.ly/2xnvncY

 

Millennials most positive about value perception in DF

According to the second quarterly DFWC KPI Monitor of 2017, duty free shoppers’ value perception has remained ‘constant’ from the last quarter (globally) with no change in Asia Pacific, a one-point rise in Europe and South America and a one point decline in the Middle East & Africa and in North America…read more… http://bit.ly/2xnDzKa

 

Edinburgh to spend $103m on extension and more new retail

Global Infrastructure Partners (GIP) has confirmed the commencement of a new £80m ($103m) investment and expansion plan at Edinburgh Airport, with a first-phase extension…read more… http://bit.ly/2xniyPQ

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