Ferrovial has reached an agreement with YDA Group to acquire a 60% stake in the company that manages the Dalaman International Airport concession for EUR140 million (US$159.13 million). YDA Group will retain a 40% stake. Completion of the deal is expected in the first half of 2022.
Dalaman Airport is located on the Turkish Riviera. The airport has two terminals, one domestic and one international, with a capacity for over 20 million passengers per year, an apron for over 40 aircraft, parking space for cars and tour operator buses, and ancillary facilities such as a water treatment plant.
YDA Group was awarded a 26-year concession to operate the airport in 2014, and that was subsequently extended to 2042. The concession agreement included the construction of a new international terminal that came into service in 2018.
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