TRBusiness 90 second news update

By Luke Barras-hill |

[UPDATED] More Brazil border DF shops to open

Up to nine more Brazil land border duty free stores have been authorised to open, after it was revealed that the outlets are in the ‘implementation phase.’… Read more…

AoT sheds Bht 9,302.4 million off concession income total in FY2020

State-owned Airports of Thailand (AoT) has reported a 53.3% drop in concession revenue to Bht 8,164.77 million/$260,457,337.7 million in the 12 months ending 30 September year-on-year, financial statements show… Read more…

UK government response nears on TRBusiness ‘Save Tax Free Petition’

A petition launched by this publication against the UK government’s decision to cancel airside tax free sales and the VAT Retail Export Scheme is nearing enough signatures to prompt an official response…Read more…

Alexandre de Juniac to leave IATA in 2021; Willie Walsh named replacement

Alexandre de Juniac will step down as Director General and CEO of the International Air Transport Association (IATA) on 31 March 2021… Read more…

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