Tav

Airport operating company TAV Havalimanları aims to serve at least 100 million passengers this year, said Serkan Kaptan, noting that the company's growth in 2023 was above their targets.

The airports TAV operates served 96 million passengers last year, a 22 percent increase compared to 2022. The revenues of the company grew 25 percent to 1.3 billion euros.

A joint venture between TAV Construction and Ballast Nedam, which is owned by Turkey's Rönesans Holding, will build the planned new pier at Amsterdam's Schphol Airport.

TAV Airports has said it signed an agreement to buy IC İçtaş’s shares at Antalya Airport in southern Turkey for 360 million euros. 

The Turkish Airlines lounge operated by TAV Operation Services in Washington Dulles Airports was awarded the “Excellence Award” by the Associated Builders and Contractors (ABC), TAV said in a statement on Nov. 22.

Tepe Construction and Sera Yapı, two TAV Airports shareholders, have sold more than 13.7 million shares at 19.85 Turkish Liras per share in the company, corresponding to 3.76 percent of stake in the capital of the company, to foreign corporate buyers, TAV said in a press release on Sept. 12. 

The shareholders have pledged not to sell any more shares for 270 days.

Turkey's Akfen Holding has announced it signed a deal to sell a 40 percent stake in the Mersin Port to Australia's IFM Investors for $869 million. 

The share of Akfen in the port declined to 10 percent after the deal was signed. 

In a statement late on July 31, the company said Akfen Holding Chair Hamdi Akın would keep his chairmanship position in the port. 

Turkish airport operator TAV has signed a deal with Saudi Arabia's civil aviation authority to operate three airports in the Gulf country in partnership with the Al Rajhi Group, the Turkish operator has announced.

Turkey's Akfen has said it signed an agreement on June 9 to sell its remaining 8.12 percent stake in TAV Airports to France's Aeroports de Paris (ADP) for $160 million. 

The French company plans to expand into new markets in the Middle East, Central Asia, Europe and Africa as well as new areas within Turkey along with TAV, according to company representatives. 

Turkish airport operator TAV is in talks with banks to obtain $250 million of financing needed for the development of three airports in Saudi Arabia, the company's president Mustafa Sani Şener said May 16.

Turkey's TAV Airports has announced that it has included the Qassim and Hail airports in Saudi Arabia to its portfolio, which also includes airports in Madinah and Yanbu. 

TAV, with its partner the Al Rajhi Group, will develop the two airports and operate them for 30 years, according to the statement issued on April 24.