WESTERN European airports are set to lose £527m worth of business formerly generated by duty-free during the year following abolition.
Research company Retail Intelligence estimates that total inter-European Union duty-free business at Western European airports was £1.3bn in 1998. The UK had a 26% share of this total.
Senior analyst Hilary Monk said: "As duty-free and tax-free concessions come to an end, a temporary period of disruption and turmoil is unavoidable.
"We tried to gauge roughly what sales volumes would do, but everything could change in six months. It's a very fluid market."
This is a community-moderated forum.
All post are the individual views of the respective commenter and are not the expressed views of Travel Weekly.
By posting your comments you agree to accept our Terms & Conditions.