TAV, Turkey’s biggest airport operator, said it was announced as the best bidder in an auction to build and operate for 25 years Medina’s international airport with partners Saudi Oger and Al Rajhi Holding Group.
TAV expects to earn $333 million to $500 million from the contract seen at $1 billion to $1.5 billion, it said in a statement to the Istanbul Stock Exchange on Monday.
TAV is currently operating İzmir Adnan Menderes Airport International Flights Terminal besides Istanbul Atattrk Airport, Ankara Esenboğa Airport and Antalya Gazipaşa Airports in Turkey, and two airports each in Tunisia, Macedonia and Georgia.
Source - hurriyetdailynews.com
// 09.08.2011
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