Once a sector leader, Onur Air to be sold to foreigners
Tuesday, 31. July 2012, 18:27
Several decades ago Onur Air was a part of a great tourism and travel empire Ten Tour until late 90’s.
Onur Havayollari Tasimacilik AS, a Turkish low-cost
carrier known as Onur Air, plans to sell a majority stake and investors from
Lebanon and Qatar are interested, Vatan reported, without saying where it got
the information.
Cankut Bagana, who owns the Istanbul-based airline
company, hired an investment bank to manage the sale process, the newspaper
said.
Onur Air has 34 Airbus aircraft in its fleet and flies to
83 destinations in Turkey and Europe, according to its website.
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