Global Duty Free and Travel Retail Market Size/Share Worth USD 77.8 Billion by 2033 at a 8.30% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

According to a market research study published by Custom Market Insights, the demand analysis of Global Duty Free and Travel Retail Market size & share revenue was valued at approximately USD 38.9 Billion in 2023 and is expected to reach USD 41.4 Billion in 2024 and is expected to reach around USD 77.8 Billion by 2033, at a CAGR of 8.30% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Rianta International, China Duty-free Group Co. Ltd., Dubai Duty-free, Dufry, Duty-free Americas Inc., Gebr. Heinemann SE & Co. KG, James Richardson Group, King Power International, Lagardère Travel Retail, Lotte Duty-free, Sinsegae Duty-free, The Shilla Duty-free, and others.

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Port Authority and The New Terminal One Consortium Kick Off Construction of New York City’s Largest Solar Array at John F. Kennedy International Airport

2024 Climate Week NYC Marks Start of Work to Build 12-Megawatt Energy System to Help Sustainably Power JFK’s New Terminal One; Unique Resilient Design Will Provide Electricity for New Terminal’s Daily Operations
Massive Array of 13,000 Solar Panels on Terminal Roof to Cover Area Spanning Nearly Seven Football Fields; Largest Solar Array at Any Airport Terminal in the Country
Industry Leader AlphaStruxure to Design, Build and Operate Energy System, Contributing to Port Authority’s Mission to Reach Net-Zero Emissions by 2050

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Afwerx Awards Synaptic Aviation Contract to Increase Safey Procedures Using Ai

Synaptic Aviation, a U.S.-based technology company specializing in artificial intelligence (AI) solutions for the aviation industry, announces it has been selected by AFWERX for a Small Business Innovation Research (SBIR) Direct-to-Phase II contract focused on utilizing the company’s enterprise-grade AI software solution to create proactive safety solutions.

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Menzies Aviation strengthens leadership in the Americas

Among the newly announced appointments, Oliver Ashton has been promoted to the position of Senior Vice President, Cargo Americas, while Chris Dohne steps into the Senior Vice President, Sales, Commercial & Business Development role. Arvin Nagules takes a step into a newly created role as Senior Vice President, Organizational Change, Americas, while Nigel Shuttleworth takes up the position of Senior Vice President, Ground Handling, North America and the Caribbean.

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