TAV Airports Holding ( tr, TAV Havalimanları Holding) is a Turkish airport operation and services firm that is part of

Groupe ADP Groupe ADP, formerly Aéroports de Paris or ADP (''Paris Airports''), is an international airport operator based in Paris (France). Groupe ADP owns and manages Parisian international airports Charles de Gaulle Airport, Orly Airport and Le Bourge ...

. It is one of the world's largest airport operators, providing services to 1 million flights and 152 million passengers in 2018. TAV was established as a joint venture between Tepe Construction, Akfen, and Airport Consulting Vienna in 1997. Today, it is the leading airport operator in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

and also provides

duty free A duty-free shop (or store) is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country, wh ...

, food and beverage,

ground handling In aviation, aircraft ground handling defines the servicing of an aircraft while it is on the ground and (usually) parked at a Gate (airport), terminal gate of an airport. Overview Many airlines subcontract ground handling to airports, han ...

, IT and security services.

History

In October 2011, TAV Airports was put for sale for €2 billion, with

Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...

handling the bid process. On March 12, 2012, TAV announced the planned sale of 38% of the firm's issued share capital to the group Aéroports de Paris for a total consideration of US$874 million. The sale value was determined based on the 32% premium of the company's latest closing price. The two companies provide service for 180 million passengers at 37 airports in total. Board Member and President & CEO Sani Sener continued in his position. In January 2015, TAV Airports won the bid on the $1.1 billion project to increase

Bahrain International Airport Bahrain International Airport ( ar, مطار البحرين الدولي, ''maṭār al-Baḥrayn al-dwalī'') is the international airport of Bahrain. Located on Muharraq Island, adjacent to the capital Manama, it serves as the hub for the nat ...

's capacity from 4 to 14 million, with a 51-month engagement to build it. In October 2015, TAV Airports won a 20-year lease of the

Milas–Bodrum Airport Milas–Bodrum Airport is an international airport that serves the Turkish towns of Bodrum and Milas. The airport is situated 36 km northeast of the town of Bodrum, and 16 km south of Milas. Terminals A spacious new international ter ...

with the bid price of €717 million. In the US, TAV made an entry by winning the bid for the duty-free areas of the

George Bush Intercontinental Airport George Bush Intercontinental Airport is an international airport in Houston, Texas, United States, serving the Greater Houston metropolitan area. Located about north of Downtown Houston between Interstate 45 and Interstate 69/U.S. Highway 59 ...

. In January 2016, Sani Sener, CEO of TAV Airports Holding, announced its intention to penetrate the

Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

ian market. As of August 2016, TAV Airports was in negotiation with the

Cuba Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbea ...

n government to create a consortium along with the French company

Bouygues Bouygues S.A. () is a French industrial group headquartered in the 8th arrondissement of Paris, 8th arrondissement of Paris, France. Bouygues is listed on the Euronext, Euronext Paris exchange and is a blue chip (stock market), blue chip in the C ...

for the expansion and management of La Havana's

José Martí International Airport José Martí International Airport , sometimes known by its former name Rancho Boyeros Airport, is an international airport located southwest of the centre of Havana, Cuba, and is a hub for Cubana de Aviación and Aerogaviota, and former Latin ...

. The deal would also include the development of the

San Antonio de los Baños Airfield San Antonio de los Baños Airfield is a military air base located near San Antonio de los Baños, a municipality in the province of Havana (La Habana) in Cuba. It is located approximately southwest of the city of San Antonio de los Baños, abou ...

Activities

In addition to operating 15 airports, TAV is involved in

duty-free A duty-free shop (or store) is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country, w ...

sales, food and beverage services, ground handling services, information technologies, security, and operation services. In 2010, 55% of the firm's consolidated revenues were non-aviational. It generated 753 million

Euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...

consolidated revenues. The company's shares have been listed on the

Istanbul Stock Exchange The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İA ...

since February 23, 2007, under the "TAVHL" ticker symbol.

Airports operated

As of May 2020, TAV operates the following airports: ; * Zagreb Franjo Tuđman Airport ; *

Batumi International Airport Alexander Kartveli Batumi International Airport is an airport located south of Batumi, a city on the Black Sea coast and capital of Adjara, an autonomous republic in southwest Georgia. The airport is northeast of Hopa, Turkey, and serves as ...

Tbilisi International Airport Shota Rustaveli Tbilisi International Airport ( ka, თბილისის შოთა რუსთაველის სახელობის საერთაშორისო აეროპორტი) , formerly ''Novo Alexeyevka In ...

; *

Almaty International Airport Almaty International Airport ( kk, Halyqaralyq Almaty Äuejaiy) is a major international airport northeast of Almaty, the largest city and commercial capital of Kazakhstan. It is the busiest airport in Kazakhstan, accounting for 6.42 million ...

; *

Riga International Airport Riga International Airport ( lv, Starptautiskā lidosta "Rīga"; ) is the international airport of Riga, the capital of Latvia, and the largest airport in the Baltic states with direct flights to 76 destinations as of November 2019. It serves ...

; * Ohrid St. Paul the Apostle Airport *

Skopje International Airport Skopje International Airport ( mk, Меѓународен аеродром Скопје, translit=Megjunaroden aerodrom Skopje, ), also known as Skopje Airport ( mk, Аеродром Скопје, translit=Aerodrom Skopje), and Petrovec Airport ...

; *

Madinah Airport Prince Mohammad bin Abdulaziz International Airport or Medina Airport is a regional airport in Medina, Saudi Arabia. Opened in 1950, it handles domestic flights, while it has scheduled international services to regional destinations such as C ...

; *

Enfidha–Hammamet International Airport Enfidha–Hammamet International Airport is an airport in Enfidha, Tunisia, located about 40 kilometres (25 miles) southwest from the town of Hammamet. The airport is mostly used by European airlines bringing travellers to Tunisian holiday res ...

Monastir Habib Bourguiba International Airport Monastir Habib Bourguiba International Airport (french: link=no, Aéroport International de Monastir–Habib Bourguiba, AIMHB, ar, مطار الحبيب بورقيبة الدولي) is an airport serving Monastir and Sousse areas in Tunisia. T ...

; *

Ankara Esenboğa Airport Ankara Esenboğa Airport ( tr, Ankara Esenboğa Havalimanı) is the international airport of Ankara, the capital city of Turkey. It has been operating since 1955. In 2017, the airport has served more than 15 million passengers in total, 13 mill ...

* Alanya Gazipaşa Airport *

İzmir Adnan Menderes Airport İzmir Adnan Menderes Airport ( tr, İzmir Adnan Menderes Havalimanı) is an international airport serving İzmir and most of the surrounding province in Turkey. It is named after former Turkish prime minister Adnan Menderes. Overview İzmir's ...

Istanbul Atatürk Airport ) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_i ...

(''best airport'', Air Transport News Awards 2016, 61.8 million passengers in 2015) *

References

External links

Official website

Groupe ADP
{{Authority control Airport operators Companies listed on the Istanbul Stock Exchange Transport companies established in 1997 1997 establishments in Turkey Companies based in Istanbul Transport operators of Turkey