Brexit

ETRC tackles the big issues at annual forum

The big issues facing the travel retail channel were put under the spotlight at the European Travel Retail Confederation’s (ETRC) Annual Business Forum meeting yesterday. The event, held at the Brussels Airport Sheraton hotel, brought together over 120 leading industry representatives – the biggest attendance ever – to focus on key challenges and opportunities for the retail channel. The keynote speech was given by Olivier Jankovec, director general of Airport Council International (ACI) Europe, the umbrella organisation of European airports. Jankovec gave his views on major issues faced by European … [Read more...]

ETRC: Brexit provides a ‘unique opportunity’

Brexit may be fraught with complications, but it provides a unique opportunity for the duty free industry – and that is something we must not lose sight of, cautions ETRC secretary general Keith Spinks At midnight on 29 March 2019 the UK will leave the European Union. The significance of that event should resonate with all those working within the duty free industry because the opportunity that Brexit presents for the industry is of major significance. While Brexit will present major challenges for the aviation and maritime sectors, we believe that the duty free and travel retail industry is uniquely placed … [Read more...]

Interview: Say ‘Oui’ to duty free after Brexit

For all the debate around Brexit there is one shining ray of light for those in the GTR industry – the possible return of duty free between the EU and UK. For some the battle to make this a reality is already underway, as Chris Madden finds out… Article 50 has been triggered and the battle for Brexit is underway. The UK’s formal declaration of its intention to leave the European Union happened at the end of March. This launched a two-year negotiation period, during which more than 50,000 pieces of legislation will have to be reviewed as Britain becomes the first nation to elect to leave the union. But … [Read more...]

ETRC’s Brexit negotiations still on track

The European Travel Retail Confederation’s discussions with both the UK government and EU member states regarding the status of duty free after Brexit are in full swing and a lot of “positive feedback” has been received. This was the message from the ETRC’s AGM held at Heathrow Airport last week and which saw Sarah Branquinho re-elected as president of the association. Secretary General Keith Spinks noted that the trade body was keen to talk up the “potential benefit” that a return to duty and tax free sales would bring, as it made a refreshing change to have something favourable to say about Brexit after so … [Read more...]

UK election and Brexit leave EU ‘facing a cliff edge’

The results of the UK election has increased uncertainty in Europe with many fearing a “cliff-edge scenario” which leaves Britain and the EU without proper trade agreements after Brexit. The discussion came to a head at the 27th ACI Europe Annual Congress, which began in Paris this morning.  ACI Europe president Augustin de Romanet said Brexit’s threat to the single-market could be damaging for the aviation industry as a whole. During his address de Romanet also condemned the current political vogue for populism and the habit of using the European Union as a “scapegoat”. He said: “Populism these days … [Read more...]

Nordics 2017: Change, Brexit and inflight in focus

Brexit, inflight sales, shifting population demographics and the rise of China were all on the bill at last week’s Nordic Travel Retail Seminar in Helsinki - but the overriding theme of the day was change. From the moment former Swedish prime minister Fredrik Reinfeldt took to the stage to deliver the opening keynote speech until economist Kjell Nordström closed the talks, the whole day focussed on how the world is developing and what that could mean for GTR. Indeed the opening video montage focussed on the theme of a “changing world”, telling the assembled delegates: “A modern renaissance is happening … [Read more...]