TAV Airports Acquiring Almaty Intl
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Title: TAV Airports Acquiring Almaty Intl Almaty International Airport (ATA) is the largest and busiest airport in Kazakhstan. It is also the largest airport in Central Asia and a hub for Air Astana, a major airline in Kazakhstan. The airport has been expanded significantly in the last few years to meet increasing demand. I have always been fascinated by the airport. It was the first airport I traveled to when I left my hometown in
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As it is evident from the given text, the writer has written a case study that discusses the acquisition of the airport by TAV Airports. There are few topics related to this case study that I want to highlight. Firstly, it is quite notable that this case study was written in first-person tense from the point of view of the writer (I). The writer expresses their personal opinion in this section. Secondly, the writer uses an easy and natural language in this section. There are no complex grammar errors or robotic tone present. Thirdly, the
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Turkish Airlines’ alliance in Almaty has already been approved by Almaty Airport. The final agreement has been reached, and the transaction is still subject to completion. It is no surprise that we are happy about this deal, as Turkish Airlines has brought a lot of new services to Almaty, including the direct connections between Almaty and Istanbul. Our airports have served as transit points for the flights on this route for several years, and the arrival and departure of the Turkish Airlines’ flights is very popular, especially in summer when there
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Almaty International Airport (ALM), Kazakhstan’s biggest airport, will reportedly be sold to Turkey’s TAV Airports, with Almaty governor Vakhid Kulikov reportedly stating in April that Almaty Airport is one of the world’s safest, with no major accidents, for its size. Kulikov and Almaty Mayor Arat Zhumagaliyev have signed a memorandum to sell the airport to TAV Airports. What did TAV Airports say?
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“I recently read about TAV Airports and its acquisition of Almaty International Airport. It caught my interest, and after reviewing its financials, I had to share this news. I have been following TAV Airports’s progress for quite some time and was impressed by its steady growth. The company has diversified its operations, adding airports and routes, and recently acquired the leading low-cost airline in Kazakhstan, Turquoise. The acquisition of Almaty International Airport demonstrates TAV Airports’s ability to make strateg
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In recent years, TAV Airports Holding, the leading company of Turkish Airlines, has been acquiring airports around the world. In 2015, they acquired London Stansted Airport from Cargolux, a Luxembourg company. Now, they are acquiring Almaty International Airport, which is the third airport in Kyrgyzstan. Related Site Almaty Airport, the newest among them, is located about 27km from Almaty city. It is situated in the central part of the city, close to the Kyrgy
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I always say, when one door closes, another opens. And my mind kept repeating that phrase after Almaty airport’s closure, in November 2020, in spite of its excellent location. After reading that article, the thought came to my mind — and the TAV airports did what they do best: buying! They acquired the capital of Kazakhstan and the second-largest airport in Central Asia — Almaty airport, after Almaty city itself. As a TAV expert, I have
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1) Relevant data for decision The acquisition of Almaty International Airport is significant for TAV Airports in several ways. Firstly, the airport generates revenue of more than KZT 14.5 billion ($50 million), which is 15 percent of the total budget for the Aviation Fund 2020-2022, making it a critical fund. Secondly, Almaty airport has a significant market share in Almaty’s domestic and international air traffic, which is 21 percent.