Group successfully bids more than €22bn to build Istanbul airport

A consortium of Turkish companies has successfully bid more than €22bn for the right to equip Istanbul with one of the world's biggest airports, blasting past expectations and highlighting the rapid growth of the country's aviation sector.

But after the tender – the biggest in Turkey's history – some bankers said financing for the Black Sea airport could be hard to raise.

full story http://www.ft.com/cms/s/0/044e4280-b407-11e2-b5a5-00144feabdc0.html