Istanbul Airport profits exceed 117 billion euros

Istanbul Airport: records revenues of 117 billion euros, and provides job opportunities for nearly 1 million people, since it opened in late 2018.

Istanbul Airport profits exceed 117 billion euros
2022-08-15 Last update 2022-08-17

Istanbul Airport profits exceed 117 billion euros

The Turkish Minister of Transport and Infrastructure, Adel Kara Ismailoglu, announced that since the opening of Istanbul Airport on October 29, 2018, the airport has contributed 80,7 billion euros to the Turkish economy.

Net profit

The minister said in a tweet on his Twitter account, on Saturday, August 13, 2022: "Since its opening, Istanbul International Airport has achieved revenues of 117 billion euros without counting expenses."

Mr. Kara Ismailoglu stated that "the airport was built without paying a single penny from the state treasury, with investments amounting to 10.25 billion euros, and a total rent of 26 billion euros."

Nearly a million job opportunities!

According to the chart shared by the minister, Istanbul Airport contributed 23,75 billion euros in national income, 51,3 billion euros in production, 4,2 billion euros in exports, and 1,23 billion euros in taxes, while providing job opportunities for about 972,000 people.

Saving 246 billion euros

"A total of 246 billion euros has been saved, including 56,5 billion euros in fuel, 7,8 billion euros in the environment, and 97,8 million euros in other items," Minister Oglu said.

It is reported that on October 29, 2018, Turkish President Recep Tayyip Erdogan inaugurated the first phase of Istanbul International Airport, which was built on an area of ​​76,5 million square meters.

The airport consists of 6 runways, has a capacity of 500 aircraft, and is equipped with an open garage and a closed garage that can accommodate about 70,000 cars.

200 million passengers

After the completion of all phases of Istanbul Airport, by 2025, the capacity is scheduled to reach 200 million passengers annually.

It is worth noting that Istanbul Airport has won many international awards, most notably the "first rank award for the best airport in the world for 2019 from the International Airport Review", which means that Istanbul Airport, according to that assessment, is the best airport in the world.

انجليزي: تركيا جنة الاستثمار انجليزي: تركيا جنة الاستثمار

Edited by Imtilak Real Estate ©

Did you like this topic? You can share it with your friends now.

More from Imtilak
Turkish companies pledges in Qatar worth $19.1 billion

Turkish real estate companies, led by the Istanbul Chamber of Commerce, have joined the (Cityscape) Qatar Real Estate In...

Opening of Istanbul Financial Center soon

Learn about the new financial center that the Turkish government is soon seeking to open in Istanbul, in order to streng...


Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them