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Friday, April 13, 2007

Fraport, Partner Win Antalya Airport Deal

"Fraport, Partner Win Antalya Airport Deal
April 12, 2007

Germany's Fraport and partner IC Holding won a contract to operate Turkey's second-largest airport with a bid of EUR2.37 billion euros (USD$3.19 billion), the companies said on Thursday.

Fraport, which already manages the first international terminal at Antalya, and IC Holding will run all three terminals at the airport until 2024 through a joint venture in which Fraport will hold 51 percent and its Turkish partner the rest."

More:Fraport, Partner Win Antalya Airport Deal