EUR 250 Million Signature by İstanbul New Airport

İstanbul New Airport, set to be a game-changer in the global aviation sector, concluded area allocation contracts with six companies as regards the Cargo City and Ground Services Campus. MNG, PTT, Çelebi Ground Handling, HAVAŞ, Sistem Logistics and Bilin Logistics will serve at the Cargo City; as well as MNG, Çelebi Ground Handling and HAVAŞ at the Ground Services Campus. The contracts, valid for the duration of the operation, will amount to an approximate EUR 250 million in total.

Poised to become Turkey's showcase on a global scale, İstanbul New Airport will frequently receive mention for its unique passenger experience and international transportation. Amid construction works halfway towards completion, contracting continues for İstanbul New Airport. Following the signing of Duty Free Zone management agreement, the auction for eating and drinking facilities will be concluded in the first quarter of this year, and advertisement allocation areas will be auctioned in the coming days.
Looking to creating jobs and contributing to growth of markets in various business lines, Istanbul New Airport will also make Istanbul the new center of international transportation through its Cargo City located in the project area.

Within the scope of these 25-year contracts, MNG, PTT, Çelebi Ground Handling, HAVAŞ, Sistem Logistics and Bilin Logistics will build their own facilities at the “Cargo City and Ground Services Campus”, from where they will serve İstanbul New Airport.
Through the business volume to be created by the Cargo City, İstanbul New Airport, set to launch flights to 350 destinations, will support Turkey in reaching the targeted export figures, while increasing the e-commerce market.

50 percent of leasable areas contracted

Emphasizing the critical role of the record-breaking agreement in national economy, Hüseyin Keskin, CEO of İGA Airport Operation, said: “Turkey’s strategic location, significant investments by Turkish Airlines in the freight sector, and the developing economy of our country ensure that Turkey becomes an ever more crucial center for air cargo transportation. Ground services, on the other hand, are highly instrumental in regards to an efficient airport operations management. At İGA, we signed off our first cargo and ground services agreements to deliver seamless services and place Istanbul, the meeting point of civilizations for centuries, at the heart of aviation. We are quite delighted about that. Within this scope, we signed area allocation agreements, totaling EUR 250 million, with six major Turkish-founded companies. We had concluded the duty-free zone agreement last year. Contract phase is underway for food and beverage areas, and we will be going out to auction for advertisement allocation areas in the coming months. As of today, we leased 50 percent of leasable areas. We contracted with around one hundred companies. I believe that we will make significant contributions to Turkish economy through the business volume from those companies’ future investments in the airport. Besides, I believe that adding value for Turkey’s commercial power, we will gain momentum in economic development with the butterfly effect. All the companies in Istanbul New Airport sign these agreements aware of how they contribute to the economy of the country and also move Turkey further in the aviation sector.”
Cargo City equal to the size of 200 soccer fields!

A total of 150,000 square meters of space is allocated for ground services in the Istanbul New Airport. As for cargo, this figure will be 1.4 million square meters in total, including cargo aircraft parking areas and the Cargo City. This figure corresponds to the total size of 200 soccer fields of international standards. The Cargo City is constructed in a way to allow simultaneous operation of 35 wide-body cargo aircrafts.

Once all phases completed, it will even outrun that of Hong Kong
Referring to the DHMI figures indicating that Ataturk Airport’s cargo capacity was 918 tons in 2016 and is expected to reach 1 million tons by the end of 2017, Hüseyin Keskin noted: “Istanbul New Airport is up to improve this capacity. Once opened, the airport will have 2.5 million tons of cargo capacity. Currently, the airport with the largest global cargo movement is Hong Kong Airport with a volume slightly more than 4.5 million tons. Yet, the Istanbul New Airport will have a capacity of 5.5 million tons when its all phases are complete.”

MNG, PTT, Çelebi, HAVAŞ, Sistem Logistics and Bilin Logistics, whose contracting process finalized today, will operate on an area of around 200,000 square meters.

Latest technologies in place for Cargo and Ground Services

As part of the Istanbul New Airport area allocation agreements for cargo and ground services, one of the largest contracts recently signed in the aviation sector, the companies will use the latest technologies to provide top-notch passenger experience.

İstanbul New Airport, which will recreate the Silk Road up in the sky, aims to give priority to passenger experience in terms of ground services, as well. To this end, services both in passenger terminals and aprons will consist of operations that extensively use technology, apply the most advanced techniques and make passengers feel privileged.