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Global Exchange will be the exclusive foreign exchange provider at Istanbul New Airport

11 • 09 • 2018

  • The multinational company continues its strategic bet for Turkey and opens 40 new branches at Istanbul New Airport, becoming the main operator at Turkish Airports
  • This is the second awarding for Global Exchange within the last month, this time at Istanbul New Airport, the biggest airport Project worldwide
  • It is an strategic bet considering the current boom of the tourism in Turkey, and its relevant perspectives for growth in the future.

Salamanca, 13 September 2018.- Global Exchange, the Spanish multinational company specialized in providing foreign currency exchange services at International Airports, has been awarded to be the unique operator at Istanbul New Airport. This is the most important contract in the story of the company to be operated at the largest airport infraestructure worldwide. 

Istanbul New Airport will be the first aerodrome in Turkey and the fifth in Europe, just behind Heathrow (Londres), Charles de Gaulle (Paris), Schiphol (Amsterdam) and Frankfurt. With an investment of approximately 10,25 billion Euros, Istanbul New Airport will the only one with 6 independent runways, settled on 76,5 million sqm, with 1.4 million sqm built and a comercial area of 100,000 sqm., that will accomodate up to 200 million passengers at the end of the project. At the new airport 100 different airlines will connect 350 destinations.

The opening of Istanbul New Airport, foreseen for 29th October, will mean for Global Exchange opening 40 new branches in record time. In order to tackle this pharaonic challenge , the Turkish staff of Global Exchange will grow up to 500 people, which means a 25% increase of the total employees. As a consequence, the Turkish subsidiary will be one of the most important ones within the Group. 

This awarding means a-before-and-after for Global Exchange; this is the largest expansion project both for the number of branches and the duration of the contract. At the Global Exchange Group this is a strategic bet for Turkey, as we are convinced that the evolution of the Turkish Lira assure a double digit growth of tourism in the upcoming years. Turkey will become again one of the main touristic destinations worlwide”, stated Mr. Isidoro Alanís, President of the Global Exchange Group.    

Global Exchange has become the main foreign Exchange operator at Turkish Airports. The first step into Turkey was at Antalya Airport in 2017, when it opened 4 new branches. During the last month, 44 new branches have been added to the local operation; 4 of them at Sabiha Gökçen International Airport, the second largest airport in Estambul, and now, 40 more branches at Istanbul New Airport. This new contract guarantees Global Exchange presence in the country at least for the next 15 years.  

About Global Exchange

Global Exchange is the second company providing foreign exchange at international airports wordwide. This multinational company was born in 1996 in Fuentes de Oñoro, an small village at the border between Salamanca (Spain) and Portugal. It currently operates 260 branches in 55 international airports in 5 continents, thanks to its presence in Brazil, Colombia, Costa Rica, Denmark, Ecuador, Spain, Guatemala, Jamaica, Jordan, Morocco, Mexico, Nicaragua, Paraguay, Dominican Republic, Switzerland, Trinidad and Tobago, Uruguay, Russia, Australia, Hong Kong and Turkey. Last year the company had 5.5 million Customers and 2,100 employees.

More information

comunicacion@grupoglobalexchange.com

Tel. 923 28 13 18