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Stansted has a variety of car parking including long-, mid-, and short-stay options along with valet and meet-and-greet parking services. Two drop off areas also are available. The express area is located near the short-stay car park, while a free service is within the mid-stay area. A fee is charged for the express service. [41]
Because of the global nature of the industry, article 15 of the Chicago Convention effectively prevents the imposition of fuel duty on aviation, and the industry does not pay Value Added Tax (VAT). Environmental groups argue that these, along with duty-free sales, are iniquitous tax concessions valued at £9 billion annually. [85]
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Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
Heathrow Airport Holdings is a company that operates and manages Heathrow Airport based in London, England.It was formed by the privatisation of the British Airports Authority as BAA plc [2] as part of Margaret Thatcher's privatisation of government-owned assets, and was once a constituent of the FTSE 100 Index.
Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. [1] [2] Aelia Duty Free – a brand of Lagardère Travel Retail. [3] Comturist – a chain of duty-free stores.
In 1960, American entrepreneurs Charles Feeney [5] and Robert Warren Miller [6] founded Tourists International, which later became Duty Free Shoppers (DFS), in Hong Kong.In 1962, two DFS stores were opened at the international airports in Hong Kong and Honolulu, the first duty-free shop in the United States.
The largest airport operator in the United Kingdom is Heathrow Airport Holdings (owner of Heathrow), followed by Manchester Airports Group (owner of Manchester, Stansted and East Midlands). Together with British Airways and Virgin Atlantic , they are part of the Aviation Foundation which lobby for the aviation needs of the United Kingdom.