İstanbul New Airport Signs EUR 250 Million Agreement

İstanbul New Airport (INA) concluded area allocation contracts with six companies regarding the Cargo City and Ground Services Campus. MNG, PTT, Çelebi Ground Handling, HAVAŞ, Sistem Logistics, and Bilin Logistics will serve the Cargo City; MNG, Çelebi Ground Handling, and HAVAŞ will serve the Ground Services Campus. The contracts, valid for 25 years, will amount to approximately EUR 250 million in total.

Poised to become Turkey’s showcase airport on a global scale, INA will frequently receive mention for its unique passenger experience. However, the airport will also make Istanbul the new center of international transportation through its Cargo City. Within the scope of the 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 INA.

Turkey is becoming an ever-more crucial center for air cargo transportation. Ground services, on the other hand, are highly instrumental with regard to efficient airport operations management. As of today, 50 percent of leasable areas are leased and around 100 companies are contracted. The record-breaking agreement will make significant contributions to the Turkish economy through the business volume from those companies’ future investments in the airport.

A total of 150,000 square meters of space is allocated for ground services at INA. 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, according to international standards. The Cargo City is constructed in a way to allow simultaneous operation of 35 wide-body cargo aircraft.

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, İstanbul New Airport will have a capacity of 5.5 million tons when all phases are complete.