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Tuesday, 6 April 2021 18:19 An engrossing series of discussions on the passenger experience, the role of digital and the concession model took place on Monday at the virtual Summit of the Americas (5-9 April). A collective of travel retailers have agreed that operational contracts hinging on minimum annual guarantees (MAGs) are no longer workable in a Covid-ravaged air transport climate and must be reformed. An engaging panel discussion entitled ‘Road to Recovery: The Retailer Perspective’ took place during yesterday’s virtual Summit of the Americas (5-9 April), with contributions from Motta Internacional, Dufry and 3Sixty Duty Free. While acknowledging that retailers have availed themselves of MAG relief since the Covid-19 crisis stymied revenues last year, panellists agreed that fixed rents should give way to risk-sharing agreements – a view that have noticeably hardened in the past year.

United statesEnrique uriosteDufry uriosteMotta internacionalAurelio barriaDermot davittAlex ansonAir canadaRetailer perspectiveSenior vice presidentPanama headquartered motta internacionalMoodie davitt reportGeneral manager sub cluster south americaChief operations officerLatin americaDuty free