AIA auckland international airport limited

Ann: GENERAL: AIA: Government decision to reduce

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    • Release Date: 09/05/14 10:30
    • Summary: GENERAL: AIA: Government decision to reduce duty-free tobacco purchases
    • Price Sensitive: No
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    					AIA
    09/05/2014 08:30
    GENERAL
    
    REL: 0830 HRS Auckland International Airport Limited
    
    GENERAL: AIA: Government decision to reduce duty-free tobacco purchases
    
    Media Release l 8 May 2014
    
    Auckland Airport acknowledges Government decision to reduce duty-free tobacco
    purchases. Public education campaign will be essential to inform travellers.
    
    Auckland Airport has acknowledged the Government's pre-Budget announcement
    that the duty-free allowance will fall from 200 cigarettes to 50 cigarettes
    from 1 November this year.
    Richard Barker, Auckland Airport's general manager retail and commercial,
    says, "Auckland Airport will play its part in working with Government to
    inform travellers of the proposed change to the duty free allowance well
    before 1 November. It is important to the maintenance of New Zealand's
    reputation as a tourism destination that this is done well."
    Auckland Airport estimates that the potential full year impact of reducing
    the duty-free allowance from 200 cigarettes to 50 cigarettes could reduce the
    company's revenue by approximately $7 million to $8 million."
    
    Ends
    
    For further information please contact:
    Simon Lambourne
    +64 27 477 6120
    End CA:00250256 For:AIA    Type:GENERAL    Time:2014-05-09 08:30:04
    				
 
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