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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.
Duty Free World is the only female-owned company in the travel-retail industry. The company employs over 200 people around the world and processes over 1,068,545 transactions annually from traveling customers.
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.
ARI is a subsidiary of Ireland's state-owned DAA. [2] The company was established in 1988 as part of Aer Rianta (now daa). The airport division holds a 20% stake in Düsseldorf Airport. It formerly held stakes in Hamburg Airport, which it sold in December 2006 [3] and Birmingham Airport, which it sold in September 2007. [4]
Brendan O'Regan CBE (1917–2008) was an Irish businessman responsible for developing Shannon Airport, inventing the concept of the duty-free shop and transforming the Shannon Region of Ireland. [1] He was involved in promoting peace in Northern Ireland and co-operation between the Republic of Ireland and Northern Ireland.
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The cooperation between Aeroflot and Aer Rianta at Shannon also led to a joint venture between the two companies to open duty-free shops at Sheremetyevo Airport in 1987. [20] On 30 September 1994, Shannon was the site of the "circling over Shannon" diplomatic incident involving Russian President Boris Yeltsin.
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