Who owns Air Albania?
Air Albania is not wholly owned by any single company recorded here: Turkish Airlines (Turkey, BIST: THYAO) has held a 49% stake since 2018.[1]
Evidence: Turkish Airlines Integrated Annual Report 2025, Türk Hava Yolları A.O. Last checked .
Key facts
- Largest stakeholder
- Türk Hava Yolları A.O. (49% stake) reported
- Since
- Headquarters
- 🇹🇷 Turkey, Istanbul
- Origin
- 🇦🇱 Albania
- Founded
- 2018
- Category
- Travel & transport › Airlines
- Parent ticker
- BIST: THYAO
- Last verified
- · 1 sources
About Air Albania
Air Albania was founded on 12 September 2018 as a joint venture in which Turkish Airlines holds 49 per cent, the Albanian company MDN Investment SHPK 41 per cent and Albcontrol, which manages Albanian airspace and air traffic on behalf of the government, the remaining 10 per cent. It carries passengers and cargo from a base in Albania. Turkish Airlines accounts for its share by the equity method, so this is a minority holding in another country's carrier rather than a brand the group owns.
Ownership timeline of Air Albania
Where Air Albania sits in Turkish Airlines
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Turkish Airlines ownership tree →
See the full Turkish Airlines brand portfolio (5) →
Other brands owned by Turkish Airlines
Turkish Airlines controls 6 brands on Brandtree, 6 of them in travel & transport.
Also in travel & transport
- AJet (2024)
- Miles&Smiles
- SunExpress (1989)
- Turkish Airlines (1933)
- Turkish Cargo
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10; Turkish Airlines has 5.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: Turkish Airlines
Turkish Airlines is a publicly listed company headquartered in Istanbul, Turkey, founded in 1933.
Turkish Airlines is the flag carrier of Türkiye, established in 1933 and listed on Borsa Istanbul, with the Türkiye Wealth Fund holding 49.12 per cent of its shares and the rest in public hands. It ended 2025 with a fleet of 516 aircraft flying to 356 destinations in 132 countries, 92.6 million passengers carried and consolidated revenue above USD 24.1 billion, and employs more than 100,000 people across the parent company and its subsidiaries. Around the airline sit fourteen consolidated subsidiaries and nine joint ventures covering maintenance, catering, ground handling, cargo, payments and low-cost flying, and the group is working to a fleet plan of 1,000 aircraft over the next decade.
Turkish Airlines: full profile, brands and acquisition history →
Frequently asked questions
Who owns Air Albania?
No single company recorded here owns Air Albania outright. Turkish Airlines has held a 49% stake since 2018.
Does Turkish Airlines control Air Albania?
No. A 49% holding does not give control, so Turkish Airlines shares ownership with others.
Where did Air Albania come from?
Air Albania originated in Albania in 2018.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Turkish Airlines Integrated Annual Report 2025 — Türk Hava Yolları A.O., Annual report; retrieved 23 September 2026.
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