Turkey - TAVHL Monthly Traffic Results
February 2021 Traffic ResultsTAVHL announced its passenger figures for February 2021. We consider that continuing flight restictions and lockdown measures maintained its negative impact on the traffic results, especially for the international lines. Accordingly;
• Domestic lines reached 1.02mn passengers indicating 54% YoY (+9% MoM) decline
• International lines reported 238k passengers representing 87% YoY (-22% MoM) decline.
• Total passenger traffic in February 2021 reached 1.26mn representing 68% YoY (+1% MoM) decline.
• Accordingly, total passenger traffic in 2M21 period reached 2.51mn passengers indicating 70% YoY decrease.
TAV Havalimanlari Holding is involved in the businesses related to the construction of terminal buildings, management and operation of terminals or airports. As of Dec 31 2015, Co.'s reportable segments include: terminal operations, which is involved in operating terminal buildings, the car park and the general aviation terminal; catering operations, which manages food and beverage operations of the terminal; duty free operations, which is involved in the sales of duty free goods; ground handling and bus operations, which provides traffic, ramp, flight operation, cargo and all other ground handling services for domestic and international flights; and other, which provides lounge services.
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