TAV Airports reports 15% duty free revenue increase in first half of 2021 trbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trbusiness.com Daily Mail and Mail on Sunday newspapers.
TAV Airports tavhavalimanlari.com.tr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tavhavalimanlari.com.tr Daily Mail and Mail on Sunday newspapers.
TAV Airports duty free revenue drops 69% as passenger spend rises
The airport group saw revenue across its operations fall 49% year-on-year in the first quarter of 2021
Average passenger spend at
TAV Airports rose 26% year-on-year in the first quarter of 2021.
The figure was a ray of light in a challenging period for the airport group, which saw revenue drop 49% compared to 2020, with duty free hit particularly hard.
In its first quarter results, TAV Airports reported duty free revenue of €1.5m for the period. This represents a 69% drop compared to the same period last year. Average spend per passenger actually increased from €7.50 to €9.40, but a 59% drop in passenger numbers offset the possible benefits.
TAV Airports tavhavalimanlari.com.tr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tavhavalimanlari.com.tr Daily Mail and Mail on Sunday newspapers.
TAV Airports tavhavalimanlari.com.tr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tavhavalimanlari.com.tr Daily Mail and Mail on Sunday newspapers.