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 information received from Habertürk from company sources, İDO's Bostancı-Bakırköy, Bostancı-Kabataş/Domestic flights from Beşiktaş and Adalar will no longer be available as of December 1, 2018.
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.
With the decision taken at the meeting of the IDO's board of directors last week, at the request of the foreign partner Souter of Scotland, the company will stop domestic flights and focus more on international flights.