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TAV assumes control over operations at Almaty Airport Primary tabs 4th May 2021 Kazakhstan’s main aviation facility is set to double its capacity with a $200m investment TAV Airports – a member of Groupe ADP – has taken over operations at Almaty, the busiest hub in Kazakhstan. The Turkish firm is now an 85% beneficial owner of the base, alongside the associated fuel and catering businesses. Kazakhstan Infrastructure Fund, which is managed by market assets firm VPE Capital and supported by Kazyna Capital Management, is the holder of the other 15%. This is the first site that TAV have ownership of out of its portfolio of 15 airports. ....
TAV takes over operations at Almaty Airport TAV Airports and Kazakhstan Infrastructure Fund have completed the buy-out of Almaty Airport, Kazakhstan’s main aviation gateway and an important junction on the modern “Silk Road”. The capacity of the airport will be doubled with a USD 200M investment. Almaty is the 15th airport in TAV’s global network. A member of Groupe ADP, TAV Airports took over operations in Almaty, the economic capital and the busiest airport of Kazakhstan. TAV is now 85% beneficial owner of Almaty Airport and associated fuel and catering businesses, and Kazakhstan Infrastructure Fund, managed by VPE Capital and backed by Kazyna Capital Management, holds the remaining 15% stake. Almaty is the first airport in TAV’s portfolio where the company owns the airport instead of a time limited concession. ....
Posted 30 April 2021 11:15 TAV Airports and Kazakhstan Infrastructure Fund have completed the buy-out of Almaty Airport, Kazakhstan’s main aviation gateway and an important junction on the modern “Silk Road”. The capacity of the airport will be doubled with a USD 200M investment. Almaty is the 15th airport in TAV’s global network. A member of Groupe ADP, TAV Airports took over operations in Almaty, the economic capital and the busiest airport of Kazakhstan. TAV is now 85% beneficial owner of Almaty Airport and associated fuel and catering businesses, and Kazakhstan Infrastructure Fund, managed by VPE Capital and backed by Kazyna Capital Management, holds the remaining 15% stake. Almaty is the first airport in TAV’s portfolio where the company owns the airport instead of a time limited concession. ....