Turkish Airlines Sells Stake in Albanian Carrier Amid Global Aviation Market Shifts

Turkish Airlines has announced plans to sell its 49% stake in Air Albania, seven years after the carrier began operations. The decision comes amid global aviation market shifts, with Turkish Airlines opting to focus on strengthening its strategic position and increasing tourist numbers. MDN Investment and Albcontrol are among the current investors in Air Albania. According to AeroTime, the sale of Turkish Airlines’ shares in Air Albania may signal a desire for the airline to exit its investment in the Albanian carrier, Breaking Defense reports.