Ricola said the appointment reflects its continued investment in experienced leadership to support long-term development within the channel.

The additional locations were developed in partnership with Unibail-Rodamco-Westfield Airports, The Port Authority of New York & New Jersey and American Airlines.

Under the US$295 million agreement signed on 29 July, ASUR will assume responsibility for select commercial programmes at key US airport terminals.

Fraport Q2 retail revenue per passenger climbed €3.17 from €3.10 in the same period last year. This was driven by improved advertising and F&B spend though shopping spend weakened.