Beijing Capital International Airport has seen significant revenue growth thanks to the booming business of duty-free stores, driven by the growing international travelers and their spending power.
China’s internet search operator Baidu will provide its technology to streamline the operations and improve efficiency at Beijing’s main airfield.
HNA Group has informed Basle-based duty-free and travel retailer Dufry Group that it has closed the acquisition of the 16.2% shareholding acquired from GIC and Temasek.
Edinburgh Airport has signed a ground-breaking partnership agreement with Beijing Capital International Airport, whilst also beginning work on an £80m expansion.
Chinese passengers are buying so many goods at stores in North America, Europe and Australia that many retailers are designing shops to cater to them.
Domestic flight passengers in Shanghai who only have carry-on luggage can now check in with a QR code on their mobile phones.
HNA has completed the transaction of acquiring 82.5% control of German Hahn Airport for €15.1 million on 9th August, after the deal was confirmed in March.
Actively carrying out China’s Belt and Road initiative, HNA closed its acquisition of an 82.5% stake in Germany’s Hahn airport and plans to acquire a stake in Rio de Janeiro international airport.
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