The post Duty Free Americas Creates New Brand For Lucrative $9.5 Billion Mega-Terminal At JFK Airport appeared on BitcoinEthereumNews.com.

Rendering of DFA’s Love Local concept showing the Skyline brand. Port Authority NYNJ Duty Free Americas (DFA)—which runs 250 travel retail stores globally, most of them in the United States—will operate the duty-free program in John F. Kennedy International Airport’s (JFK) New Terminal One (NTO) when it opens in phases starting in 2026. The Port Authority of New York and New Jersey (PANYNJ); the financial and construction consortium the New Terminal One; and URW Airports, part of shopping center operator Unibail-Rodamco-Westfield, selected DFA as the exclusive duty-free operator for the privately funded, $9.5 billion terminal which will be fully finished by 2030. The 2.6 million square foot terminal merges the spaces of the current T1, T2, and former T3 to create a mega-terminal anchoring the south side of JFK. It will be the same size as LaGuardia Airport’s two terminals combined, and will double the number of existing gates for wide-body aircraft, with 22 of the 23 new ones designed for larger aircraft Crucially, from a retail perspective, NTO will be an all-international terminal, which means that spend per passenger is likely to be much higher than average. With this in mind, DFA has pulled out all the stops by creating a bespoke brand, Skyline Duty Free, claimed to be a “first-of-its-kind retail experience.” Duty Free Americas CEO, Jerome Falic, commented: “As JFK’s largest terminal, New Terminal One is set to redefine international travel to and from New York. We are especially proud to introduce Skyline, a distinctive brand for the terminal. Our stores will elevate the shopping experience, providing international travelers with an unmatched selection of premium products in a dynamic and engaging setting.” URW’s U.S. chief operating officer Dominic Lowe added: “This project is a once-in-a-generation opportunity to redefine travel retail. Our vision is to set a new…

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Filed under: News - @ April 16, 2025 6:21 pm