Located on the coast of the Black Sea, Istanbul Airport replaced Ataturk Airport as the city's major transport hub in April
Turkey’s Transport and Infrastructure minister Cahit Turan has said Istanbul Airport hosted more than 40 million air passengers since its opening earlier this year.Turan added that the construction of a third parallel runway covering 76.5 million square metres on the Black Sea coast of Yenikoy and Akpinar will be completed shortly.
The airport is set to be a major transfer hub between Europe and the Middle East and its extra runways give an operational advantage over competitors. Last year, the company carried 75.2 million passengers with a seat occupancy rate of 82 percent, and this year aims to reach 80 million passengers on domestic and international routes.
It is also home to the world’s largest duty-free shopping complex. The 53,000 square-metre complex was built at a cost of $141 million and will consist of six sections, including luxury stores and bazaar concepts.
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