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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.
Concession revenue is one big part of non-aeronautical revenue airports makes through duty free, bookstores, restaurants and money exchange. [19] Car parking is a growing source of revenue for airports, as more people use the parking facilities of the airport.
Last week electronic cigarette manufacturer Gamucci launched what it claims is the world's first airport vaping zone, in the departure lounge at Heathrow Airport's Terminal 4.
The abolition of the sale of duty-free goods to passengers travelling within Europe in 1999 was a crucial point for the future of duty-free shopping. By adopting single discount prices (travel value policy) in all product categories (with the exception of tobacco and alcohol), the company maintained its special prices by absorbing, along with ...
Ohio Gov. Mike DeWine speaking at a Jan. 5, 2023, press conference after he vetoed state legislation that would have blocked cities like Columbus from banning the sale of menthol cigarettes and ...
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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 .
After Columbus, Ohio banned the sale of menthol cigarettes on Jan. 1, the state legislature voted to strip cities of their ability to regulate tobacco. Doctors are outraged. Ohio reverses local ...