Turkish property & economy news
01 June 2023
Top 10 busiest airports – Istanbul Airport ranks among them According to the Airports Council International (ACI) World’s recently published report, Istanbul Airport was ranked as one of the busiest airports in the world last year in 2022. The U.S.-based Atlanta Airport took the top spot in the ranking of the top 10 busiest airports in the world, while Dallas Fort Worth and Denver Airports from the U.S. ranked in second and third respectively.15 May 2023
Recapping Day One of Turkey’s 2023 Election Turkey’s May 14 election saw a record number of Turks head to the polls to decide the future leadership of the country. It was a day full of suspense with many twists and turns lasting through the night and into the morning of May 15. No winner was declared after the first night of vote counting. That leaves us at Property Turkey and many around the world to try and make sense of where this election currently stands and what will happen moving forward.09 April 2023
Turkish Airlines records net profit for sixth consecutive quarter Turkish Airlines (THY) have reported their net profits as $2.7 billion for the year of 2022, allowing to the statement released in March by the THY Press Office. This marked the sixth consecutive quarter that Turkish Airlines had recorded a net profit, even when operating in the opposing environment that has been made since 2020 due to the pandemic.09 April 2023
Charging licence granted to Tesla by Turkey Last month the energy watchdog for Turkey extended the licence for Tesla, a US-based electric car manufacturer, to continue to operate a network of charging stations across the country. Tesla is now among 119 companies that operate charging stations across the country, offering support and charging for electric vehicle (EV) drivers.09 April 2023
Turnover of $2.7 billion for Pegasus Airlines in 2022 A statement was released in March from the low-cost carrier Pegasus Airlines, one of Turkey’s airlines, detailing its financial results regarding 2022 and the plans for growth for the coming year. Reported to the Public Disclosure Platform (KAP), the airline showed that it had seen an increase of 33.7% in the total number of people flying with them.09 April 2023
German tourists establish Turkey as top destination Turkey has once more been seen as the top holiday destination for a number of countries, including Germany, even though the tourism industry worldwide is still recovering following the COVID-19 pandemic disruptions to worldwide travel.04 March 2023
Turkey to designate 15 more 'nature conservation areas' Nature Conservation and National Parks Directorate General Manager Kadir Cokcetin has recently said that in 2023 there is set to be another fifteen areas added to the list of protected areas as a part of Turkey’s new vision.04 March 2023
January tourism records broken in Turkey’s Antalya The Mediterranean gem of Antalya in Turkey, which played host to around 141,000 people in January 2019 pre-COVD, was on the holiday route of 219,647 tourists from overseas during the same period of January in 2023.03 March 2023
1 million cruise passengers hosted in Turkey in 2022 A senior official said that the number of passengers arriving on cruises in Turkey had exceeded the one million mark in 2022. This marked the complete rebound of the crucial industry after the consequence that came as a result of the pandemic.03 March 2023
Record visitors head to Cappadocia in January Famous for the surreal landscapes and intricate rock formations in central Turkey, Cappadocia is a well-known destination for tourists and has attracted a record-breaking numbers of visitors already in 2023. In January, the region welcomed 174,222 tourists.10 February 2023
Turkey looks to expand free program to 5 million students The minister of National Education has announced that from next semester more students will have access to free lunches, as the program is spread to more schools. Mahmut Ozer, Minister of National Education, explained in a written statement released recently that they were aiming for access to free school meals to be expanded by a total of 5 million students.10 February 2023
Top migration hub of Turkey remains Istanbul once again Istanbul is still a major attraction for migrants from other provinces across the country, according to internal migration statistics. However, it also sits at the top of the list for cities with the highest total of people to depart.
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