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04.09.07
TAV focuses strategy on boutique airports
Tuesday, September 4, 2007
ISTANBUL – Turkish Daily News
Tepe Akfen Airports Holding
(TAV) is planning to focus more on Turkey's smaller airports in the future.
“In the next five years part of our strategy will be to create boutique
airports,” said TAV Executive Board Chairman and Chief Executive Officer Dr.
M. Sani Shener.
“These airports will be low-cost airports in terms of investment and
management expenses, but full of foreign passengers. We began to implement
this concept with the recent opening of Batumi Airport in Georgia. We are
now planning to apply the same strategy to the Antalya
Gazipasha Airport," Shener said.
“TAV Airports Holding has experience and accumulated knowledge in managing
airports. With the creation and development of boutique airports in Turkey
and in our region we will provide a way to create new international flight
destinations.”
Under the terms of the contract TAV will pay $50,000 a year in rent and
remit value added tax (VAT) and 65 percent of its profits to the Turkish government over the next
25 years.
The Antalya Gazipasha Airport was
completed in 1999. At present, it has an annual capacity for 500,000
passengers. The size of the terminal building is 2,144 square meters and the
car park has a 105-car capacity. Gazipaţa is located 180 kilometers from
Antalya and only 15 kilometers from the resort town of Alanya. At present
the area is served by Antalya International Airport. Although attempts have
been made in the past, serious investment is needed to improve the existing
airport. When the airport is modified, it will serve Alanya, Kemer, Side and
Manavgat.
TAV began in the civil aviation sector with the goal of providing “ten
airports in ten years.” At present TAV operates airports in Istanbul, Ankara,
Ýzmir, and in Tbilisi and Batumi in Georgia.
For forty years starting in 2008 TAV will also operate Habib Bourguiba
airport at Monastir and is building and airport in Enfidha, Tunisia, which
will open in 2009.
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