German tourism giant AERTicket has partnered with BiletBankthe largest airline ticket consolidator in Turkey. Advised by 3 Seas Capital Partners, despite the restricted tourism activities all over the world caused by extraordinary pandemic conditions, the transaction has had a great impact on the press. A number of major newspapers and economy related television channels referred to our press release providing the details of the transaction. This partnership shows the confidence in Turkey’s potential and proves with great importance that technology-oriented and prosperous companies can always establish global partnerships.
Europe’s no. 1 and Turkey’s no. 1 came together to become the world leader
BiletBank, the sector and the technology pioneer in Turkey, has a turnover of around TL 1 billion, selling 2.5 million tickets annually. BiletBank is at the forefront in Europe in terms of total ticket sales volume, with its offices and agencies located in more than 10 countries. The primary goal of the new management, which will include the founding partners of BiletBank, is to become the global leader in airline ticket sales. Statements relating to the transaction by BiletBank founder and CEO Mustafa Oğuz Akdeniz, AERTicket’s US-based subsidiary Picasso Travel’s founder and minority shareholder Hüseyin Özyurtçu, President and CEO of AERTicket, Rainer Klee as well as Mr. Şevket Başev, who led the transaction on behalf of 3 Seas Capital Partners along with our Managing Partner Tunç Yorgancıoğlu, who actively took part in this transaction, can be found on the links below.