'Jet' businessman may fly into Turkish aviation business – Hurriyet Daily News

Font Size: Larger|SmallerSunday, March 6, 2011ISTANBUL – MilliyetFad?l Akg?nd?z (R) poses at a meeting organized by the ?smaila?a Community, a radical Islamic sect, in this November 2010 photo, wearing a traditional Islamic dressing, quite different from his ordinary suits.
Fad?l Akg?nd?z (R) poses at a meeting organized by the ?smaila?a Community, a radical Islamic sect, in this November 2010 photo, wearing a traditional Islamic dressing, quite different from his ordinary suits.

Fad?l Akgunduz, the controversial Turkish businessmen nicknamed Jet Fad?l, is preparing to buy Turkuaz Airlines, the Ankara-based local carrier that is facing financing problems, an aviation sector website reported.


The financial consultants of Akgunduz are inspecting the structure of the carrier, Milliyet newspaper reported Sunday, citing a story on the http://www.airporthaber.com website.


Akgunduz’s JetPA, an automotive marketing company, became popular in the early 2000s before it went bankruptcy. Akgunduz was arrested on Dec. 10, 2002, and put in Kartal Prison due to accusations against him for collecting money from the public in a bid to build a plant to manufacture a Turkish car under the “?mza” brand, a project that never progressed further than an unfinished building in Istanbul. Akgunduz was freed in 2004.


Turkey’s Civil Aviation General Directorate, or SHGM, froze the flights of Turkuaz Airlines earlier in November. The company launched its domestic flight operations with six planes but failed to pay the rental fee for two Airbus A320s it hired from ILFC, a leasing company. The directorate cancelled the registration of the two planes, thus relinquishing the company’s scheduled flight authorization.


Still, the management of the company announced that it decided to cancel the domestic flights for commercial reasons, according to a written statement to the press.


The company, owned by the Aydo?an family from the Central Anatolian province of Kayseri, entered the industry in 2006 under name of AYD Hava Ta??mac?l?k. It changed its title to Turkuaz in 2009.


The SHGM might extend the caution on Turkuaz’s license until a probable sale is materialized, airport.com claimed.

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