İDO Closes Domestic Lines

ido ic closes
ido ic closes

Istanbul Sea Buses Inc. (IDO) 1 Decided to stop domestic flights as of December 2018. The company will stop domestic flights and focus more on international flights. In the last minute decision, ship maintenance costs were reported to be effective.

With the privatization tender held in 2011, İstanbul Deniz Otobüsleri A.Ş. was acquired by Tepe-Akfen-Souter-Sera joint venture group with the price of 861 million. (IDO) 1 Interrupts domestic flights starting from 2018.

According to the information received from the company's resources Habertürk'ın Bostanci-Bakirkoy, Bostanci-Kabatas / Besiktas and Adalar domestic flights will be made from December 1 no longer from December.


According to the information received, despite the rise in the exchange rate in the recent period, the domestic price increase in demand is not considered appropriate, the reduction of Osmangazi Bridge transition prices can not be predicted by IDO because of the savings measures within the scope of the company by the company was decided to temporarily close all lines. It was also reported that ship maintenance costs were effective in the decision taken.

At the board meeting of İDO last week, the company decided to stop domestic flights and focus more on international flights with the decision taken by Souter, the foreign partner of Scotland.

Source : I

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