Istanbul Airport served 5.2 million passengers in May

3 June 2019 (Last Updated June 3rd, 2019 12:11)

Istanbul Airport served 5.2 million passengers in May and has welcomed ten million passengers since it became fully operational on 6 April.

Istanbul Airport served 5.2 million passengers in May and has welcomed ten million passengers since it became fully operational on 6 April.

According to airport operator IGA, the passenger and flight traffic report on its official Twitter account indicated that out of the 35,696 flights performed at the airport in May, 17,814 arrivals were arrivals and the remaining were departures.

In May, the airport processed 3.4 million items of baggage.

The new Istanbul Airport began receiving air traffic from the former main Atatürk Airport in April.

Following the completion of all four phases with six runways by 2028, the airport will have a complete handling capacity of 200 million passengers annually.

It will then serve more than 100 airlines and flights to over 300 destinations around the world.

From January to April, the airport served 4.7 million passengers and 29,492 aircraft, according to the General Directorate of State Airports Authority (DHMİ).

Last week, it was reported that the owners of the new airport in Istanbul, Turkey, have US investment bank Lazard to divest their stake in the $11bn facility.

Citing people familiar with the matter, Bloomberg reported that Lazard is working with some members of the IGA consortium to offer a valuation of the airport and to hold talks with potential buyers.

“The new Istanbul Airport began receiving air traffic from the former main Atatürk Airport in April.”

According to sources, Vinci, Ferrovial SA, as well as Aeroports de Paris and its Turkish unit TAV Havaliamanlari Holding, are among the interested parties.

IGA has a debt load in Turkey of $6.4bn.

Payments over the 25-year lease period to operate the world’s biggest airport will total €22.1bn.

Buyers are likely to be deterred by the cost of leasing the airport, Bloomberg reported.