‘Emotional’ day as Lagardère reopens New Zealand airport stores
Lagardère Travel Retail opened its
New Zealand Airports operations for the first time in more than a year yesterday.
With the launch of the
Trans Tasman bubble, international travellers from Australia were able to journey to New Zealand quarantine-free for the first time since the borders were closed due to the Covid-19 pandemic.
The return of travelling shoppers meant airport outlets could also reopen, with Lagardère’s operations at sites including
Christchurch,
Lagardère Travel Retail Pacific CEO Przemek Lesniak said: “It was devastating for the whole team to have to close the doors of our international stores back in April 2020, so reopening our doors yesterday was quite emotional for all of us.
Auckland International Airport expects loss of USD25.3m to USD39.6m for FY2021
Auckland International Airport CEO Adrian Littlewood stated (18-Feb-2021) the company is providing underlying earnings guidance for FY2021 of a loss after tax between NZD35 million (USD25.2 million) and NZD55 million (USD39.6 million). Mr Littlewood said: For the purposes of this underlying earnings guidance we have assumed there will be no material quarantine-free, two-way Tasman travel during the remainder of the 2021 financial year and assumes no additional lockdowns for an extended period. The airport is reducing capital expenditure guidance for FY2021 between NZD200 million (USD143.9 million) and NZD230 million (USD165.5 million). [more - original PR]