Trade Centre Global Investments (TCGI) is to take over the operation of Maastricht Aachen Airport from the middle of 2016 until 2026.
TCGI, the parent company of general sales agent, Global Airline Services, has been awarded the provisional contract, to be finalised on or around 1 March 2016. The contract runs until 2026 with an extension option.
TCGI says the contract period allows conditions to be created to have a modern, well equipped, professionally run and competitive airport.
TCGI managing director, Ismail Durmaz says: “We have every confidence in the future of Maastricht Aachen Airport and will do our utmost to put the airport on the world map.”
Maastricht Aachen was privatised and sold to UK investment firm, Omniport and Dutch construction firm, Dura Vermeer in 2004 before the Province of Limburg took it over in 2014 when the airport was facing bankruptcy.
The Province continues to own the land and buildings, totalling about 180 hectares. TCGI already represents two freight carriers at the airport, Turkish Airlines and Royal Jordanian, and hopes to increase cargo volumes at Maastricht Aachen further.
Airport chairman tender board and supervisory board, Ype de Haan says: “The airport and its staff can face the future with confidence. It’s great that, thanks to a successful concession process, Limburg’s airport can develop into a major infrastructural asset.”
“TCGI considers itself to be a company with sufficient drive to make the concession a success. Working with the stakeholders is one of its top priorities. The supervisory board is looking forward to TCGI’s arrival at Maastricht.”