Onur Air nears selling stake

ISTANBUL -Reuters

Onur Air is in talks with potential buyers to sell an undisclosed stake in the airline, according to Saruhan Doğan, a board member of sale advisor FinansInvest. Hürriyet photo

Turkish private carrier Onur Air is nearing the final stage of talks with potential buyers for a stake in the company, Saruhan Doğan, a board member of sale advisor FinansInvest, told Reuters on July 31.

Doğan did not provide further information on the size of the stake sale or potential buyers.

Onur Air has a 34 aircraft fleet and seat capacity of 8,015, according to the carrier’s web site.

Founded in 1992, it has been running domestic scheduled flights and began international service in 2003.
Onur Air flies to 80 destinations in 20 countries, and to 12 domestic destinations, its web site says.