NEWS ROUND-UP Tallink acting to stimulate ‘core business’


operations, especially onboard its Tallink and Silja Line vessels. “Due to the sharp fall in passenger


numbers since mid-March, onboard sales were strongly affected,” continued Pärna. “Results since then have been well below expectations.” It is now widely acknowledged that


AS Tallink Gruup (Tallink Group) has not ruled out pursuing future expansion opportunities at airport shops when the time is appropriate, TRBusiness has learned. In an exclusive interview, Aimar Pärna,


Head of Duty Free said: “Our current focus is on the restoration of our core business and services for the time being. Once we have managed to do that, we will return to all other plans and projects in due course.” The Baltic cruise and ferry company


confirmed to this publication in September that it was actively considering bid opportunities at international airport shops. Akin to most businesses, the coronavirus


(Covid-19) pandemic has dealt a significant blow to the Estonian firm’s commercial


the catastrophic, sustained and deep blow to global travel and tourism, including in the aviation and maritime industries that DF&TR ably supports, will take time to recover. As reported, ACI World suggests it will


take three years for passenger numbers to return to pre-Covid-19 levels. The situation has been exacerbated by


the severe economic black hole and slump in global equity markets that will require precision and agility from public and limited companies alike to battle their way back to better times. Tallink Grupp reported a 13.4% decline in


unaudited consolidated revenue to €154.9 million/$176.3 million in the three months to 31 March. Restaurant and shop sales on-board and onshore declined by 15.7% to €86.9


CITS snaps up 51% stake in Hainan Duty Free


China Duty Free Group (CDFG) owner China International Travel Service Corporation Limited (CITS) has acquired a majority stake (51%) in Hainan Duty Free Co. Ltd (HNDF). A Shanghai Stock Exchange filing lodged


on 8 June seen by TRBusiness confirms the equity transfer of Hainan Duty Free, part of Chinese aviation and travel conglomerate HNA Group, to CITS. The proposal is understood to have been


discussed at a Board of Directors meeting and AGM. The news follows swiftly on the heels of


a major development for Hainan Island, which has more than tripled the duty free allowance to RMB100,000/US$14,063 as


momentum continues on the development of its Free Trade Zone and Port.


million/$102.3 million. Passenger volumes plummeted by 59.3%


in March in a month when seven vessels were suspended amid travel restrictions and the declaration of states of emergency in various markets.


‘Cashless where possible’, says UK Gov


UK airport retailers are being urged to limit customer numbers where possible, use self-service options and operate a one-way system in coordination with other measures. Steps for retailers are outlined in new


coronavirus (Covid-19) aviation guidance, which has been published by the Department of Transport. This came just three days after the UK’s


14-day quarantine rule was enforced. Produced by the government’s


International Aviation Taskforce, in collaboration with the industry, the guidance provides advice for passengers on how to travel safely and follow social distancing measures at each stage of their journey. The Guidance to Passengers, which


covers all aspects of the travel experience, indicates travellers must follow social distancing measures in shops and pay by contactless card where possible.


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