TAV Havalimanlari Holding A.S.
TAVHY
Other OTC23.18
USD
-0.02
- -
ISIN
US8767041077
CUSIP
876704107
Return %
Stock
S&P500
1Y
-2.28
26.53
3Y
42.56
76.60
5Y
153.89
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Vehbi Serkan Kaptan
- Full Time Employees
- 20,320
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- Vadistanbul Bulvar Istanbul Türkiye 34485
- IPO Date
- Jul 1, 2014
- Website
- tavhavalimanlari.com.tr
- Similar Companies
- Business
- TAV Havalimanlari Holding A.S. (TAV Airports) operates and invests in airport terminals and provides integrated airport services including duty-free retail through ATU, food and beverage via BTA, ground handling by HAVAS and TGS, IT solutions from TAV Technologies, security services, lounge and VIP operations by TAV Operation Services, and bus shuttle services; it manages 15 airports across Turkey, Georgia, Kazakhstan, Tunisia, North Macedonia, Saudi Arabia, Croatia, and Latvia, serving over 107 million passengers in 2024 with operations in more than 30 countries through subsidiaries. The company, founded in 1997 and headquartered in Istanbul, Turkey, is a leading terminal operator in Turkey where it fully owns or leases key facilities such as Ankara Esenboğa, Izmir Adnan Menderes, Milas-Bodrum, Gazipasa-Alanya (concessions through 2030s-2050s), and holds 50% in Antalya; internationally, it owns 85% of Almaty Airport in Kazakhstan, 80% of Tbilisi and 76% of Batumi in Georgia, 100% of Enfidha-Hammamet, Monastir, Skopje, and Ohrid, 100% commercial areas at Riga in Latvia, 26% of Madinah in Saudi Arabia, and 15% of Zagreb in Croatia. As a subsidiary of Groupe ADP (46.1% ownership), TAV Airports focuses on aviation, tourism, and cargo markets with a vertically integrated model emphasizing sustainability, including four carbon-neutral airports and solar projects in Turkey; it served 107 million passengers with €1.7 billion revenue in 2024. Recent developments include completion of an €850 million expansion with Fraport partner at Antalya Airport in April 2025 raising capacity to 65 million passengers under a concession to 2051, supported by €200 million IFC financing and €140 million AIIB loan; opening of Almaty Airport's new international terminal in June 2024 after €257 million investment with €300 million additional airside plan through 2029; nearing completion of €210 million airside upgrades at Ankara Esenboğa by mid-2025 under a new lease to 2050; proposed €150 million investment for Tbilisi Airport capacity expansion and concession extension; and planned €300 million investment in Madinah Airport's new international terminal by 2028 without equity injection.
TAV Airports: Panic Selling Creates A Strong Buy
TAV Havalimanlari Holding A.S. (TAVHY) Q4 2025 Earnings Call Transcript
TAV Airports Holding: Middle East Tension Drives Down Sentiment, Creates Buying Opportunity
TAV Airports: A Toll Bridge In The Sky
TAV Airports: Rising Profits Supports Bullish Price Target
TAV Havalimanlari Holding A.S. (TAVHY) Q4 2024 Earnings Conference Call Transcript
TAV Havalimanlari price target raised to TRY 340 from TRY 320 at Citi
TAV Airports Stock Tumbled 20% But I Remain Bullish
TAV Havalimanlari Holding: Further Upside After Stock Has Soared Over 85%
TAV Havalimanlari Holding Remains An Appealing Buy