Travel Retail and Duty Free Business Intelligence    Thursday 30 July 2015

DATA ROOM

Abu Dhabi International maintains surging passenger traffic growth in H1

Source: ©The Moodie Report - 30/07/15

UAE. Abu Dhabi International Airport posted a +17.2% leap in passenger traffic in the first half of 2015 to 11.1 million. India, the largest market, climbed by +57.8%.

June's Chinese visitor figures to Korea underline severe impact of MERS

Source: ©The Moodie Report - 30/07/15

SOUTH KOREA. Like a runaway train suddenly going into sharp reverse, Chinese visitor numbers for June confirm the crippling travel retail impact of MERS.

World Duty Free Group H1 sales climb by double digits but profits slide

Source: ©The Moodie Report - 30/07/15

INTERNATIONAL. World Duty Free Group revenues climbed by +23.7% year-on-year in H1 2015 but profits fell sharply, mainly due to increased Spanish airport rents.

Dufry posts solid H1 turnover and EBITDA growth despite ‘challenging environment’

Source: ©The Moodie Report - 29/07/15

INTERNATIONAL. Dufry Group turnover climbed by +30.5% year-on-year in H1 2015 to CHF2,229.2 million (US$2,298 million), despite the challenges of currency in Brazil and Russia and economic difficulties in some key markets. EBITDA grew by +6.9% but net earnings fell sharply. Dufry CEO Julián Díaz said: “The first half of 2015 was, as expected, a challenging period for Dufry due to pronounced currency volatility in some of our markets."

Duty free concession income buoys Spanish airports group Aena in H1

Source: ©The Moodie Report - 29/07/15

SPAIN. A robust commercial performance, including a surge in income from duty free contracts, buoyed half-year results (to 30 June) at Spanish airport company Aena.

Changi traffic edges ahead in June as new outlets open

Source: ©The Moodie Report - 28/07/15

SINGAPORE. June was the busiest month of the year to date for Changi with some 4.7 million passengers using the airport, boosted by rebounding Thai traffic.

Russian travel decline hits St. Petersburg Pulkovo Airport in first half

Source: ©The Moodie Report - 28/07/15

RUSSIA. The sharp decline in Russian travel numbers hit St. Petersburg Pulkovo Airport in the first half, with overall traffic down by -4.4% and international by -21.5%.

Asia Pacific airlines post healthy rise in June passenger traffic

Source: ©The Moodie Report - 27/07/15

ASIA PACIFIC. Traffic figures for June from the Association of Asia Pacific Airlines show a +5.9% increase in passenger numbers, and a +9.3% six-month rise.

Heathrow Airport posts solid retail growth in first six months

Source: ©The Moodie Report - 24/07/15

UK. Heathrow Airport posted a solid retail performance in H1 2015, with the key figure of net retail income per passenger rising by +3.9% to £6.67 in the period.

Airport Commercial Revenues Study 2015 survey launched

Source: ©The Moodie Report - 23/07/15

INTERNATIONAL. Airports that submit data to the ACRS 2015, the industry's respected annual benchmarking survey, will receive a free copy of the report.

Manchester Airports Group reveals robust growth in revenue and EBITDA

Source: ©The Moodie Report - 22/07/15

UK. Manchester Airports Group today reported double-digit growth in revenue and EBITDA for the year ended 31 March 2015, with commercial playing a key role.

Latest Boeing forecasts underline long-term strength of global aviation market

Source: ©The Moodie Report - 21/07/15

INTERNATIONAL. Boeing has released a 20-year forecast showing strong demand for pilots and technicians, underlining how the airline market is expected to grow.

Hong Kong International Airport posts robust traffic growth in first half

Source: ©The Moodie Report - 20/07/15

HONG KONG. Hong Kong International Airport posted a +9.1% leap in passenger traffic year-on-year in the first half of 2015, hitting 33.6 million.

Strong passenger growth in Asia Pacific and Middle East for May

Source: ACI Asia-Pacific The Moodie Report - 17/07/15

ASIA PACIFIC & MIDDLE EAST. Bangkok Don Muang was the standout airport with +49.6% passenger growth, while Dubai International, Jeju and Busan also starred.

Higher Japanese traffic but lower spending in Hawaii

Source: ©The Moodie Report - 15/07/15

USA (HAWAII). May was an improved month for Japanese visitor numbers but spending, though improved, maintained the 2015 trend of being down year-on-year.

London Heathrow Airport posts record June for passenger traffic

Source: ©The Moodie Report - 14/07/15

UK. London Heathrow Airport handled a record 6.68 million passengers in June, with strong contributions from emerging markets such as Mexico and China.

Global airline ancillary revenue leaps +21% in 2014

Source: ©The Moodie Report - 13/07/15

INTERNATIONAL. Airline ancillary revenues climbed by +21% year-on-year in 2014 to hit US$38.1 billion, according to aviation industry consultant IdeaWorks.

MERS threat eases but June traffic numbers reveal Korean woes

Source: Korea Tourism Organization; Air4Casts - 06/07/15

SOUTH KOREA. June passenger statistics for Korean airports from respected UK aviation analysts Air4Casts underline the dramatic impact of MERS.

Retail and advertising performance buoys Hong Kong International Airport

Source: ©The Moodie Report - 24/06/15

HONG KONG. Hong Kong International Airport (HKIA) retail licences and advertising revenue climbed by +10.8% year-on-year in the 12 months to 31 March.

Asia Pacific and Middle East airports post healthy traffic growth in April

Source: ©The Moodie Report - 22/06/15

ASIA PACIFIC. Passenger traffic at Asia Pacific airports climbed by +9.3% year-on-year in April, with Middle East airports also posting robust growth at +8%.

CAPA report: Chinese tourism wave focuses on Northeast Asia, Thailand

Source: Centre for Pacific Aviation - 18/06/15

ASIA PACIFIC. The highly respected CAPA - Centre for Aviation says that the much talked-about Chinese travel boom is not spread evenly across the region.

Hong Kong International reacts to MERS with checks on South Korean travellers

Source: ©The Moodie Report - 15/06/15

HONG KONG. Hong Kong International has reacted to the Middle East Respiratory Syndrome outbreak by screening all inbound passengers from South Korea.

Strong Swiss Franc continues to hit spend at Zürich Airport

Source: ©The Moodie Report - 12/06/15

SWITZERLAND. Zürich Airport commercial turnover climbed by +4% year-on-year in May, but spend per passenger remains down due to the strong Swiss Franc.

Consumer interest for smartwatches highest in US, China and UK

Source: ©The Moodie Report; Digital Luxury Group - 11/06/15

INTERNATIONAL. The US, China and UK have been identified as the markets with the highest levels of consumer interest in the rapidly evolving smartwatch segment.

Frankfurt Airport reports busiest May ever for passenger traffic

Source: ©The Moodie Report - 11/06/15

GERMANY. Frankfurt Airport passenger traffic climbed by +5.4% year-on-year in May, to 5.6 million, making it the busiest May ever for the German hub.

London Heathrow Airport posts record passenger traffic in May

Source: ©The Moodie Report - 11/06/15

UK. London Heathrow reported its busiest ever May with a record 6.34 million passengers, featuring strong increases on China, Mexico and Brazil routes.

Abu Dhabi International Airport passenger traffic surges in April

Source: ©The Moodie Report - 10/06/15

UAE. Passenger traffic at Abu Dhabi International grew +15.5% year-on-year in April, with the numbers buoyed by new airline routes and frequencies.

Global airline industry profits set to surge in 2015, reports IATA

Source: ©The Moodie Report - 08/06/15

INTERNATIONAL. IATA has revised its 2015 outlook to project a US$29.3 billion net profit for airlines worldwide, well ahead of the US$16.4 billion net profit in 2014.

Network Rail retail sales growth outstrips UK High Street

Source: ©The Moodie Report - 05/06/15

UK. Network Rail’s retail sales climbed by +6.16% year-on-year in the 12 months to March 2015, once again outstripping UK High Street retail growth.

EU airport passenger growth continues to outstrip non-EU traffic, reports ACI

Source: ©The Moodie Report - 04/06/15

EUROPE. Passenger traffic at Europe’s airports climbed by +3.2% year-on-year in April, with EU airport growth outstripping that at non-EU locations.

Out now: The Airport Commercial Revenues Study 2014

Source: ©The Moodie Report - 29/05/15

INTERNATIONAL. Seeking crucial insights into the burgeoning airport commercial revenues sector? Then we have just the publication for you.

Japan, South Korea and Thailand lead Q1 tourism surge – new PATA report

Source: ©The Moodie Report - 28/05/15

ASIA PACIFIC. Buoyed by the weak Yen, Japan's inbound tourism sector posts a startling +43.7% year-on-year rise in arrivals for the first quarter.

London City Airport survey reveals travel essentials for UK holidaymakers

Source: ©The Moodie Report - 28/05/15

UK. The survey found local currency and perfume/deodorant to be top priorities for UK travellers, well ahead of travel plugs, books and international debit cards.

Dollar hits eight-year high against Yen as Hawaiian arrivals drop

Source: ©The Moodie Report - 27/05/15

USA (HAWAII). The Dollar hits ¥123.13, its highest level against the Yen since July 2007 – bad news for DFS and other Japanese-focused retailers.

Chinese tourism to Korea booms amid race for duty free licences

Source: ©The Moodie Report - 25/05/15

SOUTH KOREA. Surging Chinese tourism drives race for duty free licences in Seoul and Jeju. Now E-Land, in a noteworthy tie-up with Dufry, enters the fray.

Zürich Airport commercial turnover dips on strong Swiss Franc effect

Source: ©The Moodie Report - 22/05/15

SWITZERLAND. Zürich Airport commercial turnover (net sales to consumers in retail and F&B) hit CHF44.5 million in April, down by -1.5% year-on-year.

Asia Pacific airlines decline in profitability in competitive market

Source: ©The Moodie Report - 21/05/15

ASIA PACIFIC. Asia Pacific carriers have reported a net loss of US$50 million in 2014 as a result of stiff competition, excess capacity and the Asian currency volatility.

SSP posts healthy profits and like-for-like sales growth in H1

Source: ©The Moodie Report - 21/05/15

UK/INTERNATIONAL. SSP has revealed revenue growth of +2.6% for the half year to 31 March, as well as a sharp profit rise, though the strong Pound had a negative impact.

Airports of Thailand non-aeronautical revenues up almost +10% in first half

Source: ©The Moodie Report - 20/05/15

THAILAND. Non-aeronautical revenues, up +9.67% to THB8,855 million (US$263 million), were buoyed by a +12.3% rise in concession revenues during 1H2015.

The Moodie Report e-Zine Issue 165: Hitting new heights at Changi

Source: ©The Moodie Report - 20/05/15

INTERNATIONAL. In this issue Martin Moodie takes a look inside DFS Group’s extraordinary new duplex store at Singapore Changi Airport Terminal 3.

Hong Kong International posts new monthly traffic record in April

Source: ©The Moodie Report - 18/05/15

HONG KONG. Hong Kong International Airport reported a record-breaking month in April, with passenger volumes climbing by +8.8% year-on-year to 5.8 million.

New study underlines role of social & digital media for Chinese travellers

Source: ©The Moodie Report - 18/05/15

CHINA. A study conducted this month by m1nd-set underlines the key role that social and digital media play in Chinese travellers’ journeys and shopping decisions.

Asia Pacific and Middle East airports end first quarter strongly

Source: ©The Moodie Report - 15/05/15

ASIA PACIFIC/MIDDLE EAST. Asia Pacific and Middle East airports ended Q1 of 2015 strongly, posting increases of +8.5% and +9.4%, respectively.

World Duty Free Group sales surge but reorganisation costs hit net profit

Source: ©The Moodie Report - 14/05/15

INTERNATIONAL. World Duty Free Group has posted a +23.4% rise in revenues (+13.1% at constant exchange rates) in the first quarter of 2015, reaching €541.3 million.

Bahrain Duty Free announces +28.5% surge in Q1 profits

Source: ©The Moodie Report - 13/05/15

BAHRAIN. Bahrain Duty Free Shop Complex Managing Director Abdulla Buhindi extols a solid early 2015 performance, with profits rising sharply despite a modest increase in revenues.

TAV Airports reports surge in revenue and profits in first quarter

Source: ©The Moodie Report - 12/05/15

TURKEY. TAV Airports Holding’s net profit surged by +51% year-on-year in Q1 2015, to €31 million, on a revenue gain of +20% to €227 million.

Shopping Centre revenues aid growth at Copenhagen Airports in Q1

Source: ©The Moodie Report - 08/05/15

DENMARK. Shopping Centre revenue (including duty free, other retail and food & beverage) at Copenhagen Airport climbed by +8.9% year-on-year in Q1 2015.

Chinese international passenger traffic to rise +9.3% in second half

Source: ©The Moodie Report - 07/05/15

CHINA. Chinese international passenger traffic is set to outpace domestic traffic in the second half of 2015, even as domestic travel continues to underpin demand.

Europe’s airports post robust passenger traffic in first quarter

Source: ©The Moodie Report - 07/05/15

EUROPE. Passenger traffic at Europe’s airports climbed by +5.2% year-on-year in Q1 2015, with EU airports outstripping growth at non-EU locations.

Fraport Group retail spend per passenger rebounds in Q1 2015

Source: ©The Moodie Report - 07/05/15

GERMANY. Frankfurt Airport owner Fraport’s Retail & Real Estate division generated revenues of €113.4 million in Q1 2015, an increase of +6.5% year-on-year.