Turkey’s leading airport operations brand, TAV Airports, continues to pioneer the sector with a legacy spanning 25 years. Starting its journey in 2000 with 9 million passengers at Istanbul Atatürk Airport, the company has transformed into a success story, serving 107 million passengers across 15 airports in eight countries by 2024.
Serving 1.5 Billion Passengers: TAV Airports’ Milestones
TAV began operations on January 10, 2000, with the opening of Atatürk Airport’s new international terminal. Over a quarter of a century, the company has served 1.5 billion passengers. CEO Serkan Kaptan highlighted TAV’s evolution into a global brand, stating:
“This journey, initiated with the vision of our founders Tepe and Akfen, continues today as one of the world’s largest airport operating platforms through Groupe ADP. In our first year, we served 9 million passengers; by 2024, this number has grown to 107 million. With 44,000 employees, a market value of $3.2 billion, and operations worldwide, we have become a globally recognized brand.”
Major Investments and New Projects
In the last three years, TAV Airports has undertaken its largest expansion program with investments totaling €2.5 billion. The company inaugurated a new international terminal at Almaty Airport in 2024 and aims to complete investments in Antalya and Ankara by mid-year.
Looking ahead, TAV plans an additional investment of €150–300 million for new projects in Almaty, while also pursuing tenders in Montenegro and Kuwait, alongside exploring new global opportunities.
TAV’s Global Footprint
TAV Airports manages 15 airports in eight countries. Its subsidiaries—ATÜ Duty-Free, BTA, Havaş, TAV Operations Services, TAV Technologies, and TAV Security—provide services to over 100 airports in 30+ countries.
“With our 2050 net-zero emissions target, we are committed to building a sustainable future for airport operations,” said Kaptan, underscoring TAV’s readiness for its second 25 years with a strong foundation.
Key Milestones of TAV Airports
- 2000: Founded after winning the Build-Operate-Transfer tender for Istanbul Atatürk Airport; began operations.
- 2005: Established TAV Technologies.
- 2006: Took over the construction and operation of Ankara Esenboğa terminals and added İzmir Adnan Menderes to its portfolio; acquired 60% of Havaş; founded TAV Security.
- 2007: Opened new terminals in Tbilisi and Batumi; launched its IPO.
- 2008: Opened Monastir Airport.
- 2009: Began operations at Alanya-Gazipaşa; commenced Enfidha Airport operations; partnered with Turkish Ground Services (TGS).
- 2010: Started operations at Skopje and Ohrid airports in North Macedonia.
- 2012: Groupe ADP acquired 38% shares of TAV; began managing Medina Airport in Saudi Arabia.
- 2013: Added Zagreb Airport, Croatia, to its portfolio.
- 2019: Transitioned from Atatürk Airport; expanded Havaş, BTA, and ATÜ Duty-Free operations at Istanbul Airport.
- 2021: Acquired Kazakhstan’s Almaty Airport; extended Antalya Airport operations until 2052.
- 2024: Opened a new international terminal at Almaty Airport.
About TAV Airports
A global brand in airport financing, development, and management, TAV Airports served 107 million passengers in 2024. The company operates 15 airports in Turkey, North Macedonia, Georgia, Kazakhstan, Tunisia, Latvia, Saudi Arabia, and Croatia. Its subsidiaries offer integrated services across all aspects of airport operations, including duty-free, food and beverage, ground handling, IT, private security, and commercial activities. TAV Airports is listed on the Borsa Istanbul and is part of the BIST Sustainability Index, committed to achieving net-zero emissions by 2050.
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