Transport
Turkish Airlines buys 49 percent of Bosnian company
Turkish Airlines (THY), Turkey’s national air carrier, announced yesterday that it had bought 49 percent of Bosnian Airlines (B&H Airlines).
In a written statement, THY said the partnership agreement was signed after the Bosnian government approved the sale. The sale was approved on Nov. 23, but THY Chairman Candan Karl?tekin said they continued talks […]
Turkish airports see 66 mln passengers in 10 months
The number of airline passengers in Turkey reached 66 million in the first 10 months of 2008, an increase of 6.3 percent over the same period last year, the State Airports Management General Directorate (DHM?) announced yesterday.
Nearly 7 million people traveled by air in October, an 8.2 percent increase over the same month […]
Turkey should not miss the ’nano-train’
Turkey needs to construct the necessary infrastructure and find financing for nanotechnology to benefit from the industry, Ahmet Dorduncu, chief executive of Sabanci Holding said yesterday.
“For nanotechnology to add value to the economy, it is imperative to establish cooperation mechanisms and to increase awareness of the public, while also introducing laws and founding bodies that […]
Turkey and Italy cooperate in railway services
Turkey, which will soon start using high-speed trains, decided to cooperate with Italy, one of the leading countries in railway transportation.
Within this framework, a memorandum of understanding was signed between Turkish and Italian railway authorities on Saturday.
During the ceremony held in the Italian capital of Rome, Suleyman Karaman, Director General of Turkish State Railways (TCDD), […]
Airbus and Turkey’s TAI sign agreement on A350 partnership
European aircraft manufacturer, Airbus, and Turkish Aerospace Industries (TAI) signed on Thursday a $500 million agreement for TAI to produce parts for the A350 passenger plane.
The companies said in a statement that 400 people would be employed directly as a result of the accord, while 1,200 people would gain indirect employment.
Tusas Chief Executive Atalay […]
SK Engineering consortium wins $1 bln Turkey order
South Korea’s SK Engineering & Construction Co said on Thursday its consortium won a underwater tunnel order worth $1 billion in Istanbul.
SK Engineering, an unlisted unit of SK Group, said in a statement it partnered with a Turkish company, Yapi Merkezi, and four South Korean builders to bid for the project.
The deal calls for SK’s […]
Turkey to transport BTC oil to India
Turkey will transport oil to India via an extension of the Baku-Tbilisi-Ceyhan (BTC) pipeline, which transports Azerbaijani oil to international markets, according to an agreement the two countries signed yesterday during Prime Minister Recep Tayyip Erdo?an’s visit to the Subcontinent.
India, with its 1.2 billion people, has one of the highest demands for oil […]
Turkey and Iran look to boost cooperation
Energy and Natural Resources Minister Hilmi Güler said yesterday that Turkey and Iran could boost current cooperation by making better use of energy resources and opportunities.
Meeting with his Iranian counterpart, Parviz Fatah, on the third day of a visit to Iran, Güler said the two countries could undertake larger projects by working together. He […]
THY submits top bid for Bosnian flagship carrier
Turkish Airlines (THY) has bid the highest amount in a tender for a 49 percent stake in B&H Airlines, the flagship carrier of Bosnia and Herzegovina.
An official from the Bosnian government released a statement noting that after evaluating all the bids, it was determined that THY had submitted the best bid. The official also said […]
EU proposes a transport investment map
Total investment for upgrading Turkey’s transport infrastructure will exceed 20 billion euros by 2020, according to
The European Union has identified the necessary projects for Turkey to transform its transport sector and said the total investment required until 2020 exceeded 20 billion euros.
Among a group of 33 priority projects were the construction of new airports in […]
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