Turkish Airlines in talks with Singaporean firm for catering services at new Istanbul airport
“In this respect Turkish Airlines has entered into a memorandum of agreement [MoA] with SATS Investments Pte. Ltd. [‘SIPL’], a subsidiary of SATS Ltd [SATS],” it said in a statement late on Oct. 17.
Upon fulfillment of the conditions’ precedents in the MoA, including legal, governmental and regulatory approvals, the investment into catering services could be undertaken by the relevant party, it noted, adding that the material developments would be announced.
The catering service of the company has been offered by Turkish Do&Co, a joint venture between Turkish Airlines and the Austrian firm Do&Co, since 2007.
Turkish Airlines CEO Bilal Ekşi in August said various international groups were voicing interest to cooperate in catering, cargo and other businesses for Istanbul’s third airport operations.