TAV to spend $94mn on Istanbul airport upgrage
International terminal to see eight new board bridges and 27,000m2 of space added
Turkish contracting and airport operations company TAV has announced that it is spending $94mn (€75mn) on an expansion of the international terminal at Istanbul's Atatürk airport.
The company's airports division signed an agreement with Turkey's State Airports Authority, DHMI, last week, which will see it expand the terminal area by 27,000m2, adding eight new passenger boarding bridges, new check-in counters, baggage handling and parking. TAV said the work will take 18 months to complete.
This follows on from DHMI's investment into 26 new aircraft parking areas and taxiways at the international terminal.
TAV Airports president & CEO Sani Sener stated: “Last week, the new apron investment of DHMI at the air side was put into service. Additional 26 parking lots will bring significant relief to the parking capacity. The cargo hangar investments of Turkish Airlines, Havas and Çelebi at the new cargo section have also been completed.
"We cannot even think that we do not need investing in Atatürk Airport while institutions such as DHMI, Turkish Airlines, Havas and Çelebi continue their investments.
"Atatürk Airport has become one of the most important airports of the world and TAV has a significant share in this achievement."
Tav signed a 15-year, $4bn concession to run Istanbul Atatürk Airport in 2006. The airport carried 51.3mn passengers in 2013 and grew by 11% in the first ten months of 2014.