TAV Airports Holding is a success story in airport operations--one of the most challenging industries in the world--written with know-how, experience and creativity.
As market demands are generating opportunities in any business, Georgia as transit region with great potential being a transportation hub between Asia and Europe drew TAV Airports Holding s attention. The dominance of these factors attributed two investment projects accomplished by TAV Holding as Tbilisi and Batumi International Airports, bringing at the same time its huge experience in aviation to Georgia.
TAV`s history dates back to 1997, with the official call for tenders for the Istanbul Ataturk Airport International Terminal Building. TAV Airports Holding was established as a joint venture between the Tepe and Akfen Groups, the winning bidders for the contract. Istanbul Ataturk Airport is among the very first examples of "Build-Operate-Transfer" airport operations projects in the world. This project, reflecting the contemporary image of Turkey, has also come to be the first concrete step of TAV`s success story.
As a part of a planned process, TAV reorganized its organizational structure in 2006, gathering all of its operations activities under the TAV Airports Holding (TAV Airports) division, and construction activities under the TAV Construction division. Following this reorganization, TAV Airports Holding was presented for initial public offering in February 2007. The company continues to build on its success every year and strive to represent Turkey in the best manner possible in the international arena.
TAV AIRPORTS HOLDING
According to DHMI (State Airports Authority) 2009 passenger statistics, TAV Airports is the leading airport operator in Turkey with a 48 per cent market share. TAV Airports Holding is currently operating Istanbul Ataturk Airport, Ankara Esenboga International and Domestic Terminals, Izmir Adnan Menderes Airport International Terminal and Antalya Gazipasa Airport in Turkey; Tbilisi and Batumi International Airports in Georgia; as well as the Monastir Habib Bourguiba and Enfidha Zine El Abidine Ben Ali International Airport in Tunisia. Additionally, TAV Airports has taken over the operations of the airports in Macedonia, Alexander the Great in Skopje and St. Paul the Apostle in Ohrid, as of March 1, 2010.
TAV Airports also actively participates in other areas of airport operations; such as ground handling and management services, duty free retail stores, food and beverage services and data processing and security. TAV Airports Holding provides services to approximately 375,000 flights by 300 Airlines and an average number of 42 million passengers every year.
The majority – 58 per cent - of the consolidated revenues of TAV Airports are in fact non-aviation related. The largest revenue contributor is ATU, the Duty Free operator, where TAV Airports has a 50 per cent share. According to financial statements prepared in accordance with IFRS, TAV generated a turnover of 609 million Euros in 2009. The company shares are listed on the Istanbul Stock Exchange as “TAVHL” since February 23, 2007.
TAV GEORGIA
Tbilisi International Airport
TAV Airports took an important step in realizing its vision of becoming an international actor in airport operations with the Tbilisi International Airport. TAV Airports Holding is entitled to operate the Tbilisi International Airport for 20 years and it is the first project of the company abroad. Georgia is expected to become an important bridge between Europe and Asia within the near future. The Tbilisi International Airport, located in the capital city, is being operated by TAV Urban Georgia LLC since October 31, 2005, with a 66% share owned by TAV Airports Holding. The new passenger terminal was also constructed by TAV Urban Georgia LLC. It was opened for service on February 7, 2007, and helped the airport fulfilled its strategic importance. TAV Airports offers all terminal and non-terminal operations, ground handling services, customs and non-customs stores, food and beverage services, with a vast scope and integrated approach at the Tbilisi International Airport.
Batumi International Airport
TAV Airports started operating the Tbilisi International Airport in 2005, and the investments in the region are continuing; and on May 26, 2007, the company started operating the Batumi International Airport, the first airport to be jointly used between Turkey and Georgia. This cooperation played an important role in both the development of the region and in enhancing the good relations between the two countries. Batumi International Airport offers services with its state of the art technology and functional design. The airport structure has an expandable structure based on the increase of passenger numbers.
