POSTED: December 20th 2012

NewsUpdate

Istanbul 2020: New airport and 3rd bridge over the Bosphorus to boost tourism for Olympic bid

Turkish Airlines has an expansion plan to fit the needs of the new airport / Turkish Airlines
Turkish Airlines has an expansion plan to fit the needs of the new airport / Turkish Airlines

Pegasus Airlines announced a $12 billion investment in airplanes / Pegasus Airlines
Pegasus Airlines announced a $12 billion investment in airplanes / Pegasus Airlines

LAURA WALDEN / Sports Features Communications

December 20 – Next year Turkey’s infrastructure will expand extensively as the city of Istanbul will gain from a new international airport as well as a third bridge to cross the Bosphorus River.

Turkish Airlines' and Pegasus Airlines’ global expansion strategies added to the growth of the new airport and will work well with the plan to make the city more easily accessible and connected than ever.

Turkish Airlines will expand their fleet of airplanes from 203 aircraft to 375 by 2020 and will be dealing with 210 international destinations and 2,000 daily departures. Pegasus Airlines, named Europe’s fastest growing airlines last year, announced this month that they have invested $12 billion ordering 100 Airbus passenger jets marking the biggest aircraft deal in Turkish history.

Airbus’ Executive Vice President, Christopher Buckley, said, “Turkey is rapidly developing into Europe’s most dynamic commercial aviation market.”

The new third airport will feature six runways and accommodate an estimated annual capacity of up to 150 million passengers by 2020, making it the largest in the world.

Head of the bid, Hasan Arat, noted, “This huge level of investment from the public and private sectors demonstrates the mood of optimism and ambition in Turkey right now. Istanbul is not just investing in infrastructure – it is investing in mobility.

“That means improving the experience of travelling to and around the city for its visitors, and making the city more liveable for its residents. Istanbul’s bid to host the Olympic and Paralympic Games in 2020 is perfectly aligned with the city’s long-term development plan.

“The infrastructure innovations that will allow us to offer athletes average travel times from Village to venue of just 20 minutes will leave an invaluable legacy for the city and its people for generations.”

Turkey’s Transportation Minister, Binali Yildirim, added, “When I first came to office, 100 planes made up 67% of the total commercial fleet in Turkey.

“Today, one of our companies sets a target for 2023 and signs a $12 billion deal. We are also set to build the world’s biggest airport and there will be no problems when it becomes operational in three to four years. This shows how the political will has changed the country”

Adding to the airlines boost, Koc Holding, Turkey’s biggest conglomerate, won a 25-year highway concession marking the country’s second biggest privatisation ever by bidding $5.7bn with two partners.

Domestic tourism in Turkey is already very strong as one of the world’s top destinations. So all these transport enhancements will give the bid an edge to deal with 2020 transport needs.

Istanbul is bidding against Tokyo and Madrid to host the summer Games of 2020. The IOC will make their final decision in September of 2013 as to who will be the host city.

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Keywords · Istanbul 2020 · Hasan Arat · Turkish Airlines · Pegasus Airlines


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