Turkish airports operator TAV Havalimanlari Holding, which operates a combined 10 airports in Turkey, Georgia, Macedonia and Tunisia including Istanbul Ataturk, enjoyed an increase in 2009 EBITDA of some 20% to €160-€170 million ($221.7-$235.6 million) on a 3% lift in revenue to €630-€640 million, CEO Sani Sener told Bloomberg News. "Our profitability. . .has grown bigger than sales because of measures we took to cut our spending, especially in energy. We started producing our own energy," he said. Passenger traffic at the 10 airports rose 2% last year, driven by a 5% increase at IST.
Turkish airports operator TAV Havalimanlari Holding, which operates a combined 10 airports in Turkey, Georgia, Macedonia and Tunisia including Istanbul Ataturk, enjoyed an increase in 2009 EBITDA of some 20% to €160-€170 million ($221.7-$235.6 million) on a 3% lift in revenue to €630-€640 million, CEO Sani Sener told Bloomberg News. "Our profitability. . .has grown bigger than sales because of measures we took to cut our spending, especially in energy. We started ...
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