ISTANBUL: Turkish aviation and fuel services firm Istanbul Jet has made the top 100 of the official Fortune 500 Trkiye list, coming in at number 88, with the firm's 2023 turnover exceeding $1 billion. Huseyin Latifoglu, the CEO of Istanbul Jet, said in a statement Tuesday that the firm's investments continue at full throttle, helped by its strong presence in the Mideast and Southeast Asia. The company also plans to invest in a storage facility in Central Europe, he added. 'We're building a JET A-1 fuel storage facility at Dalaman Airport' - in Mugla, southern Trkiye - 'with an investment value of over pound 4 million ($4.3 million), and construction to be completed by the end of summer,' said Latifoglu. He noted that in 2023 the firm's sales volume soared 40% and its turnover jumped 21% year-on-year, and that the company saw 21% growth in 2024 compared to the first five months of last year. Latifoglu said they serve 25 partners outside of Trkiye through multinational oil firms, suppliers, local refinerie s, and ground services providers. 'We believe that we will take the industry standard to new heights with our increased capacity and efficiency,' he added. Source: Anadolu Agency