TAV Airports to operate Izmir Adnan Menderes Airport
January 2012    PDF Print E-mail
Turkey News

adnan-menderesTAV Airports will operate Izmir Adnan Menderes Airport Domestic and International Terminal until 2032.

General Directorate of State Airports Authority (DHMI) has awarded TAV Airports Holding for leasing the operating rights of Izmir Adnan Menderes Airport Current International Terminal, CIP, Domestic Terminal and auxiliary structures.

A new company has been established and registered under the name of “TAV Ege Terminal Yatırım Yapım ve İşletme A.Ş.” in order to conduct the operations.

TAV Airports Holding Inc. holds 100% shares of the company which has a capital of 1,000,000 TL.

The leasing contract for granting the operational rights by leasing has been signed between the recently established TAV Ege Terminal Yatırım Yapım ve İşletme A.Ş. and DHMI. A concession fee of 610 million Euros shall be paid to DHMI excluding VAT for the airport operating rights until the end of 2032.

The new company will also invest 250 million Euros for the construction of the new Domestic Terminal.

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