airports

Retail Asia21/02/2023

Changi Airport’s retail sector has shown signs of recovery with SG$1.1 billion (US$823.4 million) in sales recorded last year after Singapore relaxed Covid-related border restrictions in April. However, concession sales last year represented just 37 percent of sales in 2019, the last full year without border closures. Retail revenue in December was at 58 percent […]

Retail Asia19/01/2022

AirAsia Group has announced that stock exchange operator Bursa Malaysia dismissed its application to extend a relief period that prevented it from being classified as a Practice Note 17 (PN17) company, a status that relates to companies that are in financial distress. Companies classed as PN17 must submit to the stock exchange a proposal to restructure […]

Retail Asia12/01/2022

The Ministry of Transport wants private investors to build and operate proposed airports such as Sa Pa in the north and Quang Tri in the central region. It wants two others built under public-private partnerships in Lai Chau and Cao Bang in the north. It also said local authorities should take over the management of […]

Retail Asia11/05/2021

Aviation authorities have rejected the proposal of five localities to build their own airports and suggested that only one be added to the current master plan. Airport proposals by the northern provinces of Ha Giang, Bac Giang and Ninh Binh as well as the central provinces of Binh Phuoc and Ha Tinh have been rejected […]

Retail Asia26/04/2019

Low-cost carrier Vietjet on Tuesday announced its operation plan for the Hong Kong market and the launch of a new route linking Phú Quốc and Hong Kong, one of Asia’s most well-known destinations. The Phú Quốc – Hong Kong route will operate return flights with a frequency of four flights per week, starting from April […]

Retail Asia11/12/2018

Online giant Amazon is looking to expand the reach of its automated bricks-and-mortar Amazon Go offer by opening stores in airports, according to a report by Reuters. The retailer’s Go stores utilise myriad cameras which are able to identify customers as they enter, see what they pick up and leave with, and subsequently charge the […]

Retail Asia12/06/2017

The heavy investment made recently by the Airports Corporation of Vietnam (ACV) to upgrade airports and develop new infrastructure still cannot satisfy the increasingly high travel demand. The additional parking lots set up by ACV recently do not mean much if compared with demand, while airlines still have to scramble for the locations to park […]

Retail Asia15/02/2017

According to the Airports of Thailand (AOT) the country’s aviation industry performance only improved ‘slightly’ between October-December 2016 (Q1 FY2017), due to a reduced number of Chinese tourists visiting through ‘illegal tours’. During the period, concession revenue grew by just +2.68% year-on-year to Baht 3,302.71m (US$94m). “After the repressive measures against illegal tours by the […]

Retail Asia30/11/2016

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Airports of Thailand saw non-aeronautical revenue climb 21.34% to Bt3.83bn ($107m) in the first nine months of 2016, mainly as a consequence of an increasing number of flights and passengers. Revenue generated from duty-free sales increased by Bt934m, with the majority of non-aeronautical attributed to concession revenues. Non-aeronautical revenue represented also 43% of the total […]

Retail Asia01/04/2016

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The Commercial Division of Malaysia Airports Holdings Berhad is collaborating with UnionPay International to boost Chinese tourist spending at its airports. The move is said to be in line with Malaysia Airports’ Commercial Division’s new strategic direction which calls for a targeted passenger focus. According to Malaysia Airports Holding Senior General Manager Commercial Services Berhad […]

Retail Asia19/12/2015

With natal and tahun baru fast approaching, Bali’s Ngurah Rai Airport has received a list of 180 extra flights destined for Bali. The statement was disclosed by the General Manager of Angkasa Pura I Ngurah Rai Airport, Trikora Harjo. “The flights will account for 34,508 passengers in total. This figure is an increase of 55 […]

Retail Asia20/10/2015

For the first time in 2014, Asia Pacific’s airports collectively qualified as the world’s number one region for commercial passenger air traffic, handling 2.3bn passengers in 2014 and leaving second-ranked Europe trailing with ‘just 1.8bn’, according to Airports Council International (ACI). However, DF&TR industry executives know only too well that dynamic spending patterns at airports […]

Tag: airports

Changi Airport’s retail sales start steady post-Covid recovery

AirAsia Experiences Turbulent Stock Market

Transport ministry wants several airports to be privatized

Vietnam rejects five new airport proposals

Vietjet expands international network

Amazon-go to open more stores in the airports

Aviation infrastructure overloaded

Thai airports feel impact of reduced ‘illegal’ Chinese tours

Airports of Thailand sees nine-month commercial revenue climb

Malaysia Airports partners with Union Pay to boost Chinese spend

180 flights added to Bali in anticipation of Christmas and New Year’s rush

APAC airports rank top for international traffic