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French Company Acquires Shares and Becomes Owner of TAV Airports

by Georgia Today
January 24, 2023
in Politics
Reading Time: 1 min read
French Company Acquires Shares and Becomes Owner of TAV Airports

Irakli Garibashvili, Prime Minister of Georgia, met Edward Arkwright, Deputy Chief Executive Officer (CEO) of Groupe ADP (Aéroports de Paris.) The French company has acquired shares and is now the owner of TAV Airports.

The dignitaries reviewed the cooperation prospects and development strategy for the future of the airports. The PM noted the swift economic advancement of the country, coupled with a growing inflow of tourists, creates grounds for setting ambitious plans in Georgia. Focus was put on further advancement of services at the international airports of Tbilisi and Batumi.

Officials also spoke about the long-term development plan for the Tbilisi International Airport, which is being completed. The PM shared his own ideas with the visiting delegation, noting that the Government of Georgia stands ready to actively cooperate in future inter alia towards promoting the entry of new air carriers and route destinations.

Work will be completed on the development of the plan for the Batumi International Airport in February.

Groupe ADP (Aéroports de Paris) manages and operates over 20 airports on various continents of the planet. Its facilities are widely known for the most qualified services and sustainable development. Groupe ADP (Aéroports de Paris) was incorporated in 1945. It aims to deliver to passengers high quality hospitality standards and superior quality travel experiences.

Along with its partners, Groupe ADP is building the airports of the future based on innovations, sustainable development, multi-functional and sophisticated services.

Groupe ADP manages Charles de Gaulle (CDG) and Orly Airports (ORY) in Paris.

Tags: French CompanyTAV Airports
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