Turkish Airlines will establish a joint venture company in Albania in order to operate in the field of passenger and cargo transportation.
The Republic of Albanian based Joint Venture Company will be established with the capital up to 30 million USD and the stakes of 49%, 41% and 10% is being held respectively by Turkish Airlines, MDN Investment SHPK, and Albcontrol, which manages Albanian airspace and air traffic, representing Government of Albania.
In a seperate announcement, Turkish Airlines announced plans to start operating scheduled flights, to Lusaka, capital of Zambia.
