Page 97 - TURKRptDec19
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“Past years’ concession fees payable to the Tunisian Authority will be paid as €1.2mn per year until 2047 and the international Pax [per passenger] fee increased from €9 to €13 as of November 2019.”
The two airports in Tunisia served a total of 2.65mn passengers from January to September this year, marking a 26% increase on an annual basis.
TAV Havalimanları Holding, Turkey’s largest airport operator, operates Antalya, Ankara Esenboga, Izmir Adnan Menderes, Milas Bodrum and Gazipasa Alanya airports in Turkey as well as Tbilisi and Batumi airports in Georgia, Monastir and Enfidha-Hammamet airports in Tunisia and Skopje and Ohrid airports in Macedonia. Madinah Airport in Saudi Arabia and Zagreb Airport in Croatia are also operated by TAV Airports. TAV Airports is also active in other areas of airport operations including duty free, food and beverage, ground handling, IT, security and operation services.
The company is targeting serving 90mn to 94mn passengers this year. Aeroports de Paris Group owns 46.1% of TAV.
● Pegasus
Turkey’s leading low-cost carrier Pegasus has reported a 1.8% annual decline in the number of passengers it served in January-October to 2.65mn. The domestic passenger volume plunged nearly 14% y/y to 13.01mn while the international passenger tally jumped 17% y/y to 11.6mn.
In October alone, Pegasus saw a 5.3% y/y increase in total passengers. It carried 1.3mn domestic passengers. That translated into a 5.3% decline on an annual basis. Its international passenger total rose 17.5% y/y to 1.3mn.
In a presentation on its website, the company says its share of the domestic market stood at 30.6% as of end-September, down from 31.2% a year earlier.
As of September, the carrier flew to 110 destinations (35 domestic and 75 international) in 42 countries with a fleet of 83 jets.
Pegasus targeted an Ebitda margin of 22.5-23.5% this year, it said in January. In June, the company revised its Ebitda margin target to 25.5-26.5%.
Pegasus managed to increase the number of passengers it served by 7.7% in 2018 to a total of 30mn people. The domestic passenger volume rose 4.8% y/y to 17.7mn while the international passenger volume moved up 12% y/y to 11.7mn.
97 TURKEY Country Report December 2019 www.intellinews.com
