History

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.

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.

Becoming a great success in a relatively short period of time, TAV has achieved the status of a global brand name, not only in airport construction projects, but in airport operations with its considerable know-how, high quality human resources and advanced technology.

As a part of a planned process, TAV reorganized its organizational structure in 2006, and grouped its “operational” and “construction” activities under the TAV Airports Holding (TAV Airports) and TAV Construction. 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

TAV Airports is the leading airport operator of Turkey. TAV Airports is operating Istanbul Atatürk, Ankara Esenboga, Izmir Adnan Menderes and Antalya Gazipasa Airports in Turkey, as well as Tbilisi and Batumi Airports in Georgia, Monastir and Enfidha-Hammamet Airports in Tunisia, Skopje and Ohrid Airports Macedonia. The Holding will also undertake the operations of Medinah Airport, the first privatization project of Saudi Arabia in the first half of 2012.

TAV Airports also operates in other areas of airport operations such as duty-free, food and beverage services, ground handling services, IT, security and operational services. Within that context TAV Airports also operates duty free, food and beverage and other commercial areas at Riga Airport in Latvia. The company, together with its subsidiaries, provides services to approximately 451 thousand flights and 53 million passengers each year.