The mission of TIA is to provide Albania with a prestigious international facility offering efficient, safe and first class services for passengers and airlines. The first and last impressions of Albania will be its well managed airport.
As of 6th October 2016, the shares of Tirana International Airport (TIA) have been acquired 100% by China Everbright Limited (CEL, stock code: 165.HK), an international investment and asset management company based in Hong Kong.
Since 23 April 2005, the overall responsibility for the development, operation and management of Tirana International Airport Nënë Tereza has been in the hands of Tirana International Airport SHPK (TIA), with shareholders comprising AviAlliance GmbH (formerly HOCHTIEF AirPort GmbH), DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and the Albanian-American Enterprise Fund (AAEF).
CEL,established in 1997, is the international investment arm of the China Everbright Group, a diversified financial services company. CEL manages 33 private equity funds, holds more than USD 8.7 bn in assets under management.
CEL has extensive experience in the aviation industry, and is the single largest shareholder of the Hong Kong-listed China Aircraft Leasing Group Holdings Limited (stock code: 1848.HK).
In 2005, TIA took over Rinas Airport when it handled about 600,000 passengers. Twelve years later, demonstrating significant growth, the Airport provides services to more than 1.9 million passengers annually and is now a modern gateway to the country, changing the image of Albania. Since 2005, more than EUR 70 million have been invested in developing and expanding the Airport.
On 1 April 2016, the Government of Albania and TIA signed an amendment to the Concession Agreement of TIA and took a major step towards the development of air transport and the liberalisation of international flights in Albania. The Concession Period of TIA was immediately extended by two years, i.e. until April 2027, in exchange for the opening of Kukës Airport to international flights.