According to the news of Hürriyet Daily News, Turkey’s airports served a total of 13.93 million passengers in January, a slight 0.8 percent decline from a year ago, data from the airports authority (DHMİ) have shown.

The number of international passengers, who went through the country’s airports, jumped 12.1 percent on an annual basis to 6.13 million, while the domestic traveler tally declined by 9.1 percent to 7.8 million in the month.

Istanbul Airport, whose first phase officially opened in October 2018 and which took over air traffic from the former main Atatürk Airport on April 6, served 5.3 million passengers (4 million international and 1.3 million domestic).

With a full capacity of 200 million passengers annually after the completion of all four phases with six runways by 2028, Istanbul Airport is set to become a global aviation hub hosting more than 100 airlines and flights to over 300 destinations around the world.

DHMİ data also showed that a total of 2.94 million passengers used Sabiha Gökçen, the second largest airport in Istanbul, with the number of domestic passengers declining 3 percent on an annual basis to 1.72 million and international passengers rising 25 percent to 1.21 million.

Esenboğa Airport in the capital Ankara saw a 14 percent decline in passenger traffic to 1.05 million in the first month of 2020.

Passenger traffic at Adnan Menderes in İzmir, the country’s third-largest city and a popular holiday destination, declined 9 percent on an annual basis. International passengers soared 39 percent to 147,100, while domestic passengers dropped 15 percent to 741,000.

The number of air passengers in Turkey totaled 209 million in 2019, marking a 0.8 percent drop from the previous year.

The number of international passengers rose more than 11 percent to 109 million, while the number of domestic passengers fell 11.3 percent to 100 million.

Source: Hürriyet Daily News / link: https://www.hurriyetdailynews.com/turkish-airports-serve-almost-14-mln-passengers-151914
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According to the news of Hürriyet Daily News, the number of air passengers -including transit passengers- in Turkey totaled 209.09 million in 2019, the country’s airport authority announced on Jan. 7.

The January-December figure was down by 0.9% compared to the previous year, the General Directorate of the State Airports Authority (DHMI) data showed.

However, the number of international passengers soared by 11.4% year-on-year to hit 108.7 million in the same period.

Over 100 million domestic passengers traveled through Turkish airports, down 11.3%, in the same period.

Turkish airports served for 2.03 million planes — including overflights — last year, marking 0.6% rise versus 2018.

The DHMI data showed that cargo traffic was also down by 10.9% to around 3.44 million tons in 2019, compared to the previous year.

The new Istanbul Airport was the busiest airport in the country, hosting 52.6 million passengers and serving nearly 330,000 planes.

The airport in the Mediterranean resort city of Antalya followed it with 35.7 million travelers, nearly 75% of whom were international flight passengers.

Sabiha Gökçen Airport, Istanbul’s main air hub on the city’s Asian side, was the third active airport, serving 35.47 million passengers.

Source: Hürriyet Daily News / link: http://www.hurriyetdailynews.com/turkeys-airports-serve-over-209m-passengers-in-2019-150717
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

According to the data published by Eurostat, the statistical office of the European Union, in 2018, 1.1 billion passengers travelled by air in the European Union (EU), up by 6% compared with 2017 and by 43% compared with 2010. Over this period, air passenger transport has steadily risen in the EU. In 2018, intra-EU transport represented almost half (46%) of total air passenger transport in the EU and extra-EU transport over a third (37%), while national transport accounted for fewer than 1 in every 5 passengers (16%).

Largest increase in air passenger transport in Lithuania, Latvia, Poland and Slovakia

In 2018, the largest number of air passengers was recorded in the United Kingdom (272 million passengers), followed by Germany (222 million), Spain (221 million), France (162 million) and Italy (153 million). The number of air passengers carried in 2018 rose in all EU Member States compared with 2017. The highest increases were registered in Lithuania (+19%), Latvia, Poland and Slovakia (all +16%), ahead of Estonia and Hungary (both +14%), Malta (+13%), Luxembourg (+12%) and Finland (+11%), whilst the lowest increase was registered in Sweden (+1%), followed by the United Kingdom (+3%), Belgium, Denmark and the Netherlands (all +4%). Among the top 5 Member States in terms of air passengers transported in 2018, the highest increase was registered in Italy (+6%).

London/Heathrow, Paris/Charles de Gaulle and Amsterdam/Schiphol: top 3 passenger airports

London/Heathrow remained the EU’s busiest passenger airport in 2018, with 80 million passengers handled, slightly up (+3%) compared with 2017.

Source: Eurostat / Link: https://ec.europa.eu/eurostat/documents/2995521/10265946/7-06122019-AP-EN.PDF/8f2c9d16-c1c4-0e1f-7a66-47ce411faef7
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

According to the news of Hürriyet Daily News, the number of passengers going through Turkish airports climbed 4% on an annual basis in October, the country’s airport authority announced on Nov. 8.

Some 19.4 million passengers traveled through airports in Turkey last month, according to the General Directorate of State Airports Authority (DHMI).

Data showed that the number of international passengers stood at 10.9 million, marking a 15% rise year-on-year, while domestic fliers saw an 8.7% decline to 8.4 million during the same period.

The country’s airports served 182,654 planes – including overflights – in the month.

The new Istanbul Airport, whose first phase officially opened last fall and which took over air traffic from the former main Atatürk Airport on April 6, hosted nearly 6.2 million passengers in October and served nearly 38,000 planes.

In January-October, Turkish airports saw 180.8 million air passengers, down 1.4% from the same period last year.

International passenger traffic surged 11% on an annual basis to 95.7 million in the first ten months of 2019.

The figure was down 12.3% for passengers taking domestic flights, standing at 84.9 million in the same period.

During the January-October period, Turkish airports served 1.73 million planes – including overflights.

The DHMI data revealed that cargo traffic was fell by 12% to 2.9 million tons.

Istanbul Airport attracted 41.8 million passengers, serving 260,382 planes.

The airport in the Mediterranean resort city of Antalya was the busiest airport in touristic destinations with 33.5 million travelers — some 6.1 million passengers on domestic flights and nearly 27.4 million passengers on international flights.

Source: Hürriyet Daily News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Some key facts and figures in the Turkish real estate sector include:

• The real estate sector accounted for approximately 5 percent of GDP in the last decade. On the investment side, FDI inflow rose to USD 16.5 billion, with real estate and construction garnering USD 4.1 billion (24.8 percent) of total FDI in 2015.
• Urban renewal and mega projects dominate the agenda for the foreseeable future, particularly in Istanbul. Some projects in the city include the Marmaray, Canal Istanbul, the third Bosporus Bridge, and Istanbul’s third airport.
• It is estimated that around 6.7 million residential units nationwide will be demolished and rebuilt over the next 20 years, meaning an average of 334,000 units per year. Around USD 15 billion of financing will be required each year for urban renewal projects. In total, a budget of USD 400 billion has been allocated for this initiative, with the private sector taking the lead role.
• According to the Knight Frank Global House Price Index, Turkey ranked first in the 55-location index in Q4 of 2015 in terms of annual price growth index. Turkey saw a year-on-year increase of 18.4 percent and thus emerged as the top-performing housing market in the world, ahead of New Zealand, Sweden, and Australia.
• The total number of houses sold in the Turkish property market reached 1,289,320 units in 2015; likewise sales of real estate to foreigners began to increase following the abolishment of the reciprocity law in 2012. In 2015, 22,830 houses were sold to foreigners in Turkey, marking a year-on-year increase of 20.4 percent. With regard to house sales to foreigners, Istanbul was the top-performing province with 7,493 sales in 2015, followed by Antalya with 6,072 sales, Bursa with 1,501 sales, and Yalova with 1,425 sales.
• Office construction licenses obtained throughout Turkey increased by 27 percent, and together totaled 7 million square meters of additional planned office space in 2013. Class-A office space supply is expected to reach 6.5 million square meters by the end of 2017 with the completion of projects such as the Istanbul Finance Center, which, according to projections, will provide employment for 30,000 people.
• 368 shopping centers are operational in Turkey with a total gross leasable area of 10.89 million square meters. 108 shopping centers in Istanbul with a total gross leasable area of 4 million square meters represent 37 percent of the total leasable shopping center area in Turkey.
• According to JLL’s Cross Border Retailer Attractiveness Index 2015, Istanbul is the 7^th most attractive market in Europe after London, Paris, Moscow, Milan, Madrid and Rome.
• In spite of the growth in recent years, Turkey is still below the average of total leasable area per person compared to the European average. This indicates potential for further retail growth in Turkey.
• By the end of 2015, there were 13,615 registered accommodation facilities. 9,188 of these facilities were licensed by their respective municipalities, while the remaining 4,427 held tourism operation licenses. The combined total bed capacity of these facilities exceeds 1,250,000, although there is still a gap between supply and demand, particularly in Istanbul.
• There are currently 281 projects in the pipeline that would add 74,130 much-needed beds to Turkey’s short supply.

 Date: 13 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.