Aéroports de Paris welcomes the news of TAV Airports' sucessful bid for Milas-Bodrum Airport concession in Turkey

31 march 2014

Press Release

Aéroports de Paris welcomes the news of TAV Airports'successful bid for Milas-Bodrum Airport concession in Turkey

Aéroports de Paris, main shareholder of TAV Airports with 38% of the capital, has hailed the successful bid by its Turkish partner for the 20-year Milas-Bodrum Airport concession. As a result of an auction process, TAV Airports won the concession to operate and maintain the two terminals (domestic and international) of Milas-Bodrum Airport in return of a total accumulated rents on concession duration of €717 million (plus VAT).  

Milas-Bodrum is the fourteenth airport in the portfolio of TAV Airports, which already manages three of the largest airports in Turkey (Istanbul Atatürk, Ankara and Izmir) and others majors airports in several countries (including Georgia, Tunisia, Saudi Arabia, Macedonia and Croatia).

Located by the Aegean Sea and serving a very popular tourist area in Turkey, Milas-Bodrum Airport has seen over 3.6 million passengers passed through last year including 1.9 million of international passengers.

Augustin de Romanet, Chairman and CEO of Aéroports de Paris:

"The victory by TAV Airports in this call for tender is very good news for our Turkish partner and for Aéroports de Paris. Milas-Bodrum Airport has a considerable development potential, particularly due to the dynamic tourism sector in the south-west of Turkey. Within the next ten years, Bodrum is set to become the country's fourth largest city.

This victory shows that the alliance with TAV Airports concluded in 2012 is generating value. Aéroports de Paris and TAV represent one of the top airport alliances in the world with a total of 175 million passengers welcomed in 2013.

We take full advantage of the synergies between our two groups, in particular when it comes to preparing a response to some international calls for tender".

About TAV Airports

TAV Airports maintains its leading position in the airport operations sector in Turkey. TAV Airports operates Istanbul Ataturk, Ankara Esenboga, Izmir Adnan Menderes and Antalya Gazipasa Airports in Turkey as well as Tbilisi and Batumi Airports in Georgia, Monastir and Enfidha-Hamammet Airports in Tunisia, Skopje and Ohrid Airports in Macedonia, Medinah Airport in Saudi Arabia and Zagreb in Croatia alongside Aéroports de Paris.TAV Airports also operates in other areas of airport operations including duty free, food and beverage, ground handling, IT, security and operation services. Within the same context, TAV Airports also operates duty free, food and beverage and other retail areas at Riga Airport in Latvia. Together with its subsidiaries, the Company provided services to approximately 652,000 flights and 83.6 million passengers in 2013.

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Aéroports de Paris builds, develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2013, Aéroports de Paris handled more than 90 million passengers and 2.2 million tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and 43 million passengers in airports abroad. Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernising its terminal facilities and upgrading quality of services; the Group also intends to develop its retail and real estate businesses. In 2013, Group revenue stood at €2,754 million and net income at €305 million.

Registered office: 291, boulevard Raspail, 75014 Paris, France. A public limited company (Société Anonyme) with share capital of €296,881,806. Registererd in the Paris Trade and Company Register under no. 552 016 628 RCS Paris.