ICF Airports is responsible for the operation of Antalya Airport, one of Türkiye’s busiest airports and a major hub for international tourism. The airport operator was established by a diversified Turkish conglomerate active in sectors such as construction, energy, tourism, and infrastructure and Fraport AG, a German airport operator.

With this transaction, TAV Airports, a leading airport operator in Türkiye and internationally, acquired IC Holding’s 50% stake in ICF Airports for USD 443 mn, aiming to expand its airport portfolio and strengthen its presence in Türkiye.