TAV to move more aggressively into emerging markets

TAV Holdings has announced plans to bid for upcoming airport tenders in Africa (Reuters, 26-Aug-2011). CEO Sani Şener said the Turkish-based airport operator is currently in talks with authorities in Ghana, Kenya, Tanzania and South Africa. He said the company is also interested in strategic partnerships for minority stakes in airports in Brazil and the US. TAV was recently awarded a 25-year contract to operate Saudi Arabia's Medinah Airport. TAV operates airports in Turkey and South East Europe.