US EditionTurkish Airlines to Sell Its 49% Stake in Air Albania
4 Articles
4 Articles
The business of Turkish Airlines is back on the scene. Istanbul-based airline opens its stage as a shareholder of Air Europe with a sound divestment: the company notifies its investors of the sale of all the shares of Air Albania, in which it held a 49% stake. In a brief statement, the airline does not provide information beyond that it will share with the market all relevant news related to the sale process. Consulted by this movement, from Tur…
Turkish Airlines board decides to sell stake in Air Albania
The Turkish Airlines board has decided to sell its 49% stake in Air Albania, seven years after the Albanian flag carrier was cleared to begin operations. On November 19, 2025, Turkish Airlines told investors that the company planned to sell all its shares in Air Albania, triggering the search for new investment. Other current investors in Air Albania include MDN Investment (41%), which helped set up the carrier alongside Turkish Airlines in …
Turkish Airlines to sell 49% stake in Air Albania
Turkish Airlines is to sell its 49 percent stake in Air Albania. The carrier will update investors on further developments in due course, it said in a statement. In September 2018 Turkish Airlines said Air Albania was established with capital of up to $30 million and would operate in passenger and cargo transportation, according to local media reports. MDN Investment SHPK and Albcontrol, representing the government of Albania, own 41 percent and…
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