130 Million Dollar Facility Investment from Fedex

09/04/2024 Ekonomi

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, announced today that Richard W. Smith, President and CEO of Airline and International, joined business leaders and airport management at İGA Istanbul Airport. announced that he attended to see the foundations on site for the new global FedEx air transit facility in . Smith reiterated FedEx's commitment to the rise of Turkey as a rapidly growing important market for international air cargo.

Smith shared the following points in his statement: “As FedEx, our business is trade, so we are very excited to invest in iGA Istanbul Airport, a strategic cargo hub connecting six continents. Türkiye is a very important market for FedEx with its excellent infrastructure, connectivity and vibrant business environment. “Once completed, this new facility will expand our capabilities and further open global growth opportunities for our customers.”

FedEx chose Istanbul to invest due to its strategic location and seamless connection to the FedEx road network, which covers 45 countries in Europe. Once completed, the new facility will contribute to a superior service to and from Turkey by offering customers the opportunity to transport both packages and freight in a single network, with simplified customs procedures.

Along with Richard W. Smith, FedEx Express Europe President Karen Reddington, Turkey Ground Operations Vice President Eser Sezek and iGA ​​Istanbul Airport Acting CEO Selahattin Bilgen were also present during the visit.

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