TAV pays US$174m in lease fees to Turkish government

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TAV Airports has paid a total of US$174m to the States Airport Authority (DHMI) for the operation of Istanbul Ataturk and Izmir Adnan Menderes Airports in Turkey. DHMI received US$140m for Istanbul Ataturk and US$34m for Izmir Adnan Menderes.

M Sani Senner, president and CEO of TAV Airports, said, “We are issuing the first leasing amount of Izmir Adnan Menderes Airport today. We are glad to keep our promise and fulfill our commitment as always. We have set off on our journey from Ataturk Airport and today 14 airports are being operated by TAV. TAV Construction is currently constructing six airports and service companies of TAV Group are operating at 33 airports. In other words TAV is operational at 53 airports around the globe. That is where a Turkish company stands.”

TAV obtained operational responsibility for Istanbul Ataturk’s International Terminal on a ‘build-operate-transfer’ agreement. The building was completed in 2000 and further expanded in 2004. TAV also began operating the Domestic Terminal in July 2005.

In 2006, TAV began operating the International Terminal at Izmir Adnan Menderes Airport. The group obtained operating rights for the Domestic Terminal in 2012.

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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