The move means that TAV will be the operator of the gateway until the end of 2035 as it has managed the domestic terminal since October 2014.
Turkey's State Airports Authority (DHMI) awarded TAV the concession to operate Milas-Bodrum Airport last year after it successfully bid €717 million plus VAT for the 30 year concession.
TAV Airports president & CEO Sani Şener stated: “Milas-Bodrum Airport connects one of Turkey's most significant tourism centres to the rest of the world with an annual passenger capacity of almost four million.
"After we have took over the operation of domestic terminal, we achieved a 16% increase in the annual passenger capacity. Now, we will endeavour to deliver such performance at the international terminal.
"Today, the products and services of TAV are in use at 70 airports in 16 countries. We will utilise our know-how to carry Bodrum to the position it deserves."
He goes on: "We believe that Bodrum will become the fourth largest city in Turkey within the next 15 to 20 years. By increasing the direct flights to the international terminal in close collaboration with local authorities and players of tourism industry, we are planning to make Bodrum a center of attraction which will be popular for all 12 months of the year."
Being one of the busiest airports of the Aegean Region of Turkey, Milas-Bodrum Airport was opened to international traffic in 1997.
Located within the borders of Muğla province, the airport is situated between Milas and Bodrum, two important cities of antique Caria region.
Furthermore, it plays a very significant role in the transportation to tourism centers such as Didim, Kuşadası, Söke of Aydın province as well as Muğla. The airport is only 32 km away from Bodrum, 12 km away from Milas and 82 km away from Didim.