Airlines (Aviation)
Airline industry in Turkey was established as a monopolistic market with the government owned Turkish Airlines.
There are currently 58 airports spread across Turkey. Of these airports, 35 offer domestic and international flights, while 23 provide regional flights across Turkey. Major international airports are Istanbul Airport, Antalya International terminals, Esenboga in Ankara and Adnan Menderes in Izmir.
EU standardization and privatization processes sped up the deregulation, which allowed many carriers enter the airline industry in Turkey. Stronger political relationship between Turkey and foreign countries in recent years affected trade and tourism positively and increases the number of passengers.
Turkish legislation lacks clarity with regards to applications in the aviation industry. ICS overcomes this disadvantage through detailed knowledge collected during long years of experience in this industry.
ICS the leading firm providing accounting and tax services to airlines industry in Turkey with focus on tax planning, providing services that require a specialized knowledge beyond that of traditional accounting services. We bring our years of expertise and experience to serve airline industry in Turkey.
Our competitive advantages include;
- Easy and direct access to partner level support when issues arise
- Highly trained and experience staff in Turkish accounting, tax and social security legislation and applications within the airline industry
- Day to day review and follow up of government and tax authority pronouncements and immediate communication to clients for proactive solutions
- Partners awareness and experience of international standards make it easy to provide comparison of different and unfamiliar practices in Turkey
