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Duty-free
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 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Duty Free
Dubai Duty Free (DDF) is the company responsible for the duty-free operations at Dubai International Airport and Al Maktoum International Airport. Founded in December 1983, DDF recorded first-year sales of US$20 million and has grown into one of the biggest travel retail operators in the world with a sales turnover of US$2.02 billion in 2019. Sheikh Ahmed bin Saeed Al Maktoum is the president of the Dubai Civil Aviation Authority and chairman of Dubai Duty Free. and Colm McLoughlin is the executive vice-chairman and CEO. DDF is a subsidiary of the government-owned Investment Corporation of Dubai. Foundation Aer Rianta, the operating company behind the world's first duty-free at Shannon Airport, was invited to present a proposal for the operations and management of a duty-free operation at Dubai International Airport. Up until this point, the airport had been served by a number of retail concessions managed by traders from Tvice-Chairmanbai. The plan was given to Sheikh M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brendan O'Regan
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. He was involved in promoting peace in Northern Ireland and co-operation between the Republic of Ireland and Northern Ireland. He has been described as one of Ireland's "most noted peace ambassadors and initiators of commercial and industrial projects". In a tribute to him, President Mary McAleese said that O'Regan was "a true visionary" and "leaves a legacy that permeates throughout all levels of economic, social and cultural life in Ireland." Early life Born in Sixmilebridge, County Clare in 1917, O'Regan attended Blackrock College. He studied hotel management in Germany, France, Switzerland and the UK as his family had interests in hotels (the Old Ground Hotel in Ennis and the Falls Hotel in Ennistymon). Career Early career For a period, he was manager of the Stephen's Green Club in D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Zone
An international zone is any area not fully subject to the border control policies of the state in which it is located. There are several types of international zones ranging from special economic zones and sterile zones at ports of entry exempt from customs rules to concessions over which administration is ceded to one or more foreign states. International zones may also maintain distinct visa policies from the rest of the surrounding state. Special economic zones A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the jurisdiction within which it is located. SEZs are generally established in order to increase foreign direct investment or facilitate export-oriented manufacturing. Depending on its purpose, an SEZ typically has less strict border control policies with regard to customs. An export processing zone will typically allow for goods manufactured for export to be exempt from excise tax and for capital goods and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Feeney
Charles Francis Feeney (born April 23, 1931) is an Irish-American businessman and philanthropist who made his fortune as a co-founder of the Hong Kong based Duty Free Shoppers Group. He is the founder of The Atlantic Philanthropies, one of the largest private charitable foundations in the world. Feeney gave away his fortune in secret for many years, until a business dispute resulted in his identity being revealed in 1997. Feeney has given away more than $8 billion. Early life and education Feeney was born in New Jersey during the Great Depression and came from a modest background of blue collar Irish-American parents in Elizabeth, New Jersey. His mother was a hospital nurse, and his father was an insurance underwriter. His ancestry can be traced to County Fermanagh in Northern Ireland. Feeney graduated from Elizabeth's St. Mary of the Assumption High School in 1949; he has credited his charitable spirit to his education at St. Mary. His 2016 donation of $250,000 was the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Warren Miller
Robert Warren Miller (born May 23, 1933) is an American billionaire, entrepreneur, co-founder of DFS (Duty Free Shops), and sailing champion. He is the father of Crown Princess Marie-Chantal of Greece, Princess Alexandra von Fürstenberg, and Pia Getty, dubbed by tabloids and high society as The Miller Sisters. Early life and education Miller was born in Quincy, Norfolk County, Massachusetts, on May 23, 1933, son of Ellis Warren Appleton Miller (Concord, Middlesex County, Massachusetts, 7 February 1898 – May 1986), a bookkeeper and a salesman, and descendant of several Mayflower passengers, and wife (Cambridge, Middlesex County, Massachusetts, 15 September 1923) Sophia "Sophie" June Squarebriggs (Prince Edward Island, 10 June 1899 – Quincy, Norfolk County, Massachusetts, 20 March 1998), a Canadian-born former governess. Miller's ancestry is rooted in the British North American colonial elite, and descends over time from Henry I of England , Louis IV of France , and W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incheon International Airport
Incheon International Airport (IIA; ) (sometimes referred to as Seoul–Incheon International Airport) is the largest airport in South Korea. It is the primary airport serving the Seoul Capital Area and one of the largest and busiest airports in the world. As of 2021, the airport has been rated by Skytrax as the fourth best airport in the world. Skytrax also has rated the airport as the world's best international transit airport and one of the world's cleanest airports. The airport is one of Skytrax's 5-star airports and also has been awarded for the best airport security in 2021. During the entire run of the best airport worldwide ranking by Airports Council International (ACI) from 2005 to 2011, Incheon International Airport topped the ranking every year. ACI also rated the airport as the best airport in Asia-Pacific for 10 consecutive years from 2006 to 2016 until the ranking series ended in 2017. The airport has a golf course, spa, private sleeping rooms, an ice sk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airport
An airport is an aerodrome with extended facilities, mostly for commercial air transport. Airports usually consists of a landing area, which comprises an aerially accessible open space including at least one operationally active surface such as a runway for a plane to take off and to land or a helipad, and often includes adjacent utility buildings such as control towers, hangars and terminals, to maintain and monitor aircraft. Larger airports may have airport aprons, taxiway bridges, air traffic control centres, passenger facilities such as restaurants and lounges, and emergency services. In some countries, the US in particular, airports also typically have one or more fixed-base operators, serving general aviation. Operating airports is extremely complicated, with a complex system of aircraft support services, passenger services, and aircraft control services contained within the operation. Thus airports can be major employers, as well as important hubs for to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
