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Airport investment prospects in CIVETS countries - Turkey


The latest trendy acronym beyond "BRIC" and "N11" is "CIVETS" – a gaggle of widely dispersed countries (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) that are all dynamic and diverse emerging economies with inflation under control and sophisticated financial systems with an absence of "sovereign debt bombs". In addition they have youthful populations. They also share common problems that could influence airport investors adversely, such as unemployment and corruption. In the penultimate installment of this series we look at Turkey. [2296 words]

Unlock the following content in this report:


  • Biggest airline in the world – Turkish Ailines’ goal
  • Aggressive privatisation programme reduces state involvement
  • Potential for EU membership boosts Turkey’s attraction for FDI
  • Turkey needs 480 aircraft over 18 years: Airbus
  • THY expands into three continents
  • First significant move into Asia
  • Limak Investments looks beyond Turkey
  • Celebi tests the investment waters
  • DHMI still responsible for the operation of most airports

Graphs and data:

  • The CIVETS countries
  • Chart: Turkish Airlines fleet (at 27-Jun-2011)
  • Table1: Key data
  • Table: Financial report – TAV, 12 months ended 31-Dec-2010 (all financial figures EUR million)
  • Table: TAV Holdings traffic highlights in May-2011
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