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Businesses For Sale   >>   Turkey Businesses For Sale

Leading Turkish Airline Cargo Company

Location  Turkey
Asking Price Range  > $35.0M
Gross Revenues  $161000000
Net Profit / Cash Flow  $38700000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  > 200
Relocatable  No
Number of Employees  > 200
Real Estate  Leased

Description  
Company is based in Istanbul, Turkey and is a member of a larger conglomerate. The current freighter fleet consists of 12 aircraft. Company has increased the synergy between its airside/landside interface with its fully certified cargo warehouses and ground transportation partners, and created additional value added services for its customers. The solid client base includes UPS, DHL and Air France-KLM. The volume of air freight from and to Turkey is expected to increase from 2.2 million tons in 2012 to 6.6 million tons over the next 11 years, which represents an annual growth of 10%. Company has also purchased an airline in Slovenia in order to access the EU zone. Investment Highlights: Flexibility to fly all over the world. Significant market reputation in the global airline and airfreight market, which has given it privilege opportunities to become a designated airline for countries such as the USA, Israel, Iraq, Russia, Ukraine, Jordan, Holland, Egypt, Germany and the UK. Scheduled service providing capability to China as all the related permissions have been established. Turkey, because of its flexibility on the way back to China, has the ability to create high yield revenues for intermediate destinations. Unique airline with self-handling capability and with access to airside from its own premises. Trucking network to Balkan countries. Know-how and fully experienced team. Combined transportation strategy, which increases the efficiency of transportation and reduces the transit time and line haul costs for transferring cargo units from one mode to another. Company has already planned to create optimum solutions of combined transportation for its customers in the global logistics market especially within the Far East, Africa, the EU, Russia and the Middle East. Transaction: Partial or complete sale.


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