TAV Havalimanlari Holding AS 2020 AR2
The report highlights TAV Airports' operations and financial performance during the challenging 2020 fiscal year, heavily impacted by the Covid-19 pandemic. To mitigate the crisis, the company reduced operating expenses by 41% and secured a two-year extension for its Turkish airport concessions. Despite the macro environment, TAV signed a share purchase agreement to acquire Almaty International Airport in Kazakhstan, positioning itself for future cargo and passenger growth. On the sustainability front, the company continued its commitment to environmental protection, with several airports renewing their Level 3+ Neutrality status under the Airport Carbon Accreditation program.
Company: TAV Havalimanlari Holding AS
Sector: Industrials
Country: Turkiye
Year: 2020
Type: AR2
Pages: 264
TAV Havalimanlari Holding AS
Annual Report
The report highlights TAV Airports' operations and financial performance during the challenging 2020 fiscal year, heavily impacted by the Covid-19 pandemic. To mitigate the crisis, the company reduced operating expenses by 41% and secured a two-year extension for its Turkish airport concessions. Despite the macro environment, TAV signed a share purchase agreement to acquire Almaty International Airport in Kazakhstan, positioning itself for future cargo and passenger growth. On the sustainability front, the company continued its commitment to environmental protection, with several airports renewing their Level 3+ Neutrality status under the Airport Carbon Accreditation program.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees