TAV Airportsc

TAV Airportsc | November 09, 2016

Managing various operations at 70 airports in 14 countries, Turkey’s TAV Airports Holding announced its 2016 nine-month financials. TAV Airports posted revenue of €814m and EBITDA of €349m in nine months of 2016. TAV Airports Holding Executive Board Member & CEO Sani Sener stated “In 2016, the aviation industry is affected by security concerns both on a global scale in our region. Despite these, TAV Airports Holding attained 2% growth in passenger numbers y-o-y. In the ...

TAV Airportsc | November 08, 2016

TAV Airports Holding executive board member & CEO Sani Sener said: “In 2016, the aviation industry is affected by security concerns both on a global scale in our region. Despite these, TAV Airports Holding attained 2% growth in passenger numbers y-o-y. In the first nine months of 2016, TAV Airports realized almost stable revenue, with 7% and 35% drop in EBITDAR and net profit, respectively, compared to the same period of 2015. We had informed our investors that there had been major one...

TAV Airportsc | November 07, 2016

TAV’s ‘commission’ from the sales of duty free goods also fell by -6% to €179.4m ($198.5m), while spend per passenger declined from €14 to €13.90 ($15.50 to $15.39). The airports group blamed less than dynamic passenger numbers at several of its airports, due to ongoing security concerns at several. Significantly, the biggest at Istanbul Ataturk registered a -1% fall in international traffic to 31.3m in the 9M16 period with around 22% growth in transfer passenger...

TAV Airportsc | November 07, 2016

France has honoured TAV Airports Holding Executive Board Member & CEO Sani Şener with the country’s highest and oldest order. The badge of l’Ordre national de la Légion d’Honneur (The National Order of the Legion of Honour) has been bestowed upon Şener for his contributions to bilateral relations between Turkey and France....