AERTicket partners with BiletBank, Turkey's leading airline ticket sales company, to enhance market reach and operational efficiency amid the pandemic's travel constraints.

Information on the Target

BiletBank, Turkey's largest independent airline ticket sales company, has entered into a strategic partnership with AERTicket, a prominent German tourism company. This remarkable deal was executed under extraordinary circumstances, during a time when global tourism activities were severely restricted due to the pandemic. The successful closure of this transaction garnered significant media attention in Turkey, reflecting the trust in the country's market potential.

With an impressive annual revenue of approximately 1 billion TL, BiletBank sells an average of 2.5 million tickets each year. The company has a considerable presence in Europe as well, with offices and agencies in over ten countries, positioning itself among the top ticket sales enterprises in the region. The partnership’s management will primarily be led by the founding partners of BiletBank, who aim to fortify their position in the global ticket sales market.

Industry Overview in Turkey

The travel and tourism industry in Turkey has faced unprecedented challenges due to the COVID-19 pandemic, which has led to a significant decline in global travel. Nevertheless, Tu