Duty-free Shop
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Duty-free Shop
A duty-free shop (or store) is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country, who will then pay duties and taxes in their destination country (depending on its personal exemption limits and tariff regime). Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Tax Free World Association (TFWA) announced that in 2011 Asia-Pacific, with 35 percent of global duty-free and travel retail sales, has more duty free than Europe and Americas, with these regions accounting for 34 percent and 23 percent respectively. 31 percent of sales came from the fragrances and cosmetics category, followed by the wine and spirit category with 17 percent and then comes tobacco products. However, some countries impose duty on goods ...
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Shannon Airport
Shannon Airport ( ga, Aerfort na Sionainne) is an international airport located in County Clare in the Republic of Ireland. It is adjacent to the Shannon Estuary and lies halfway between Ennis and Limerick. The airport is the third busiest airport in the Republic of Ireland, and the fifth busiest on the island. The airport has a history of pioneering in global aviation with the first transatlantic proving flight in 1945, the world's first duty-free airport opening in 1947, and Europe's first United States border preclearance facility opening in 1986. It was a busy refuelling stop for many international carriers in the 1960s, making it a gateway between Europe and the Americas. At , Shannon has the longest runway in Ireland, which allowed it to be a designated alternative landing site for the Space Shuttle. History Establishment In the late 1930s, transatlantic air traffic was dominated by flying boats, and a flying boat terminal was located at Foynes on the south sid ...
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Avianca
Avianca S.A. (acronym in Spanish for ''Aerovias del Continente Americano S.A.'', "Airways of the American Continent") is a Colombian airline. It has been the flag carrier of Colombia since December 5, 1919, when it was initially registered under the name SCADTA. It is headquartered in Colombia, with its registered office in Barranquilla and its global headquarters in Bogotá and main hub at El Dorado International Airport. Avianca is the flagship of a group of ten Latin American airlines, who operate as one airline using a codesharing system. Avianca is the largest airline in Colombia and second largest in Latin America, after LATAM of Chile. Avianca and its subsidiaries have the most extensive network of destinations in Latin America. Prior to the merger with TACA in 2010, it was wholly owned by Synergy Group, a South American holding company established by Germán Efromovich and specialising in air transport. It is listed on the Colombia Stock Exchange. Through SCADTA, A ...
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Delta Air Lines
Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the world's oldest airlines in operation, Delta is headquartered in Atlanta, Georgia. The airline, along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents. Delta is a founding member of the SkyTeam airline alliance. Delta has nine hubs, with Atlanta being its largest in terms of total passengers and number of departures. It is ranked second among the world's largest airlines by number of scheduled passengers carried, revenue passenger-kilometers flown, and fleet size. It is ranked 69th on the Fortune 500. History Early history The history of Delta Air Lines begins with the world's first aerial crop dusting operation called Huff Daland Dusters, Inc. The company was founded on March 2, 1925, in Macon, Georgia, be ...
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Ukraine International Airlines
Ukraine International Airlines PJSC, often shortened to UIA ( uk, Авіакомпанія Міжнародні Авіалінії України, Aviakompaniya Mizhnarodni Avialiniyi Ukrayiny, ), is the flag carrier and the largest airline of Ukraine, with its head office in Kyiv and its main hub at Kyiv's Boryspil International Airport. It operates domestic and international passenger flights and cargo services to Europe, the Middle East, the United States, Canada, and Asia. History Early history It was established as an alternative to Ukraine Airlines - a remnant of the Soviet Era in which each country had an operating airline under financial and commercial control of Aeroflot's main office in Moscow until the Soviet Union broke up and the airliners on the ground at each airport became the property of the state in which they were grounded. In early 1992, the then Minister for aviation in Ukraine reached an agreement on the lease of 2 B37-400's from GPA and the establishme ...
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Middle East Airlines
Middle East Airlines – Air Liban S.A.L. ( ar, طيران الشرق الأوسط ـ الخطوط الجوية اللبنانية ''Ṭayyarān al-Sharq al-Awsaṭ – al-Khuṭūṭ al-jawiyyah al-lubnāniyyah''), more commonly known as Middle East Airlines (MEA) ( ar, links=no, طيران الشرق الأوسط ''Ṭayyarān al-Sharq al-Awsaṭ''), is the national flag-carrier airline of Lebanon, with its head office in Beirut, near Beirut–Rafic Hariri International Airport. It operates scheduled international flights to Asia, Europe, the Middle East, and Africa from its base at Rafic Hariri International Airport. Middle East Airlines (MEA) is a member of the SkyTeam airline alliance. MEA expressed its interest in becoming a SkyTeam associate member in early 2006 at a press conference in New York. On 28 February 2011, the airline signed the partnership agreement with SkyTeam at a ceremony in Beirut, and officially joined the alliance on 28 June 2012, becoming its 17th mem ...
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Singapore Airlines
Singapore Airlines ( abbreviation: SIA) is the flag carrier airline of the Republic of Singapore with its hub located at Singapore Changi Airport. The airline is notable for highlighting the Singapore Girl as its central figure in corporate branding segment. It has been ranked as the world's best airline by Skytrax four times. Singapore Airlines Group has more than 20 subsidiaries, including numerous airline-related subsidiaries. SIA Engineering Company handles maintenance, repair and overall (MRO) business across nine countries with a portfolio of 27 joint ventures including with Boeing and Rolls-Royce. Singapore Airlines Cargo operates SIA's freighter fleet and manages the cargo-hold capacity in SIA's passenger aircraft. Scoot, a wholly owned subsidiary operates as a low-cost carrier. Singapore Airlines was the first to put the Airbus A380 — the world's largest passenger aircraft — as well as the Boeing 787-10 into service and is the only operator of the ultra l ...
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El Al
El Al Israel Airlines Ltd. (, he, אל על נתיבי אויר לישראל בע״מ), trading as El Al (Hebrew: , "Upwards", "To the Skies" or "Skywards", stylized as ELAL; ar, إل-عال), is the flag carrier of Israel. Since its inaugural flight from Geneva to Tel Aviv in September 1948, the airline has grown to serve over 50 destinations, operating scheduled domestic and international services and cargo flights within Israel, and to Europe, the Middle East, the Americas, Africa, and the Far East, from its main base in Ben Gurion Airport. El Al is the only commercial airline to equip its planes with missile defense systems to protect its planes against surface-to-air missiles, and is considered one of the world's most secure airlines, thanks to its stringent security procedures, both on the ground and on board its aircraft. Although it has been the target of many attempted hijackings and terror attacks, only one El Al flight has ever been hijacked; that incident did not ...
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Emirates (airline)
Emirates ( ar, طَيَران الإمارات DMG: ''Ṭayarān Al-Imārāt'') is one of two flag carriers of the United Arab Emirates (the other being Etihad). Based in Garhoud, Dubai, the airline is a subsidiary of The Emirates Group, which is owned by the government of Dubai's Investment Corporation of Dubai. , it was also the largest airline in the Middle East, operating over 3,600 flights per week from its hub at Terminal 3 of Dubai International Airport. It operates to more than 150 cities in 80 countries across 6 continents through its fleet of nearly 300 aircraft. Cargo activities are undertaken by Emirates SkyCargo. Emirates is the world's fourth-largest airline by scheduled revenue passenger-kilometers flown, and the second-largest in terms of freight tonne-kilometers flown. During the mid-1980s, Gulf Air began to cut back its services to Dubai. As a result, Emirates was conceived on 15 March 1985, with backing from Dubai's royal family, with Pakistan In ...
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LVMH
LVMH Moët Hennessy Louis Vuitton (), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which was established following the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765). In 2021, with a valuation of $329 billion, LVMH became the most valuable company in Europe. LVMH controls around 60 subsidiaries that each manage a small number of prestigious brands, 75 in total. These include Tiffany & Co., Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, and Bulgari. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetic ...
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Travel Retailer
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements, as in the case of tourism. Etymology The origin of the word "travel" is most likely lost to history. The term "travel" may originate from the Old French word ''travail'', which means 'work'. According to the Merriam-Webster dictionary, the first known use of the word ''travel'' was in the 14th century. It also states that the word comes from Middle English , (which means to torment, labor, strive, journey) and earlier from Old French (which means to work strenuously, toil). In English, people still occasionally use the words , which means struggle. According to Simon Winchester in his book ''The Best Travelers' Tales (2004)'', the words ''travel'' and ''travail'' bot ...
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DFS Group
DFS ("DFS Group") is a Hong Kong-based travel retailer of luxury products. Established in 1960, its network consists of over 420 locations, including duty-free stores in 12 major airports and 23 downtown Galleria stores, as well as affiliate and resort locations. It is privately held and majority owned by the luxury conglomerate Moët Hennessy Louis Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Warren Miller. As of January 11, 1997, DFS Group operates as a subsidiary of LVMH. DFS is headquartered in Hong Kong SAR and has offices in Australia, Cambodia, mainland China, France, Indonesia, Italy, Japan, Macau, New Zealand, Singapore, United Arab Emirates, United States of America and Vietnam. DFS Group employs over 5,000 people, operating in 14 countries worldwide. In 2017, nearly 160 million travelers visited DFS stores. History Beginnings In 1960, American entrepreneurs Charles Feeney and Robert Warren Miller founded Tourists International, which later bec ...
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