About MNG Airlines
MNG Airlines is a Transportation, Automotive & Logistics company based in Istanbul (Turkey) founded in 1996 by Mehmet Nazif Gunal. Cargo airline providing transportation, logistics, aircraft maintenance, and civil aviation services. MNG Airlines has raised $211.2 million across 1 funding round from investors including Ghitha. Its website mngairlines.com draws about 152 thousand monthly visits. MNG Airlines offers products and services including Scheduled Cargo and Charter Cargo. Its focus areas include Transportation and Logistics, Air Cargo, Travel and Hospitality and Passenger Airlines.
Company details
MNG Airlines was founded in 1996 in Istanbul, Turkey, as a cargo airline focused on the aviation sector. Scheduled cargo services are operated across countries including Germany, England, France, the United States, China, Italy, and the United Arab Emirates. Logistics, aircraft maintenance, and civil aviation services are also handled. Personnel are trained in accordance with IATA dangerous goods standards. The company was established by Mehmet Nazif Gunal.
- Headquarters Istanbul, Turkey
- Founders Mehmet Nazif Gunal
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website mngairlines.com
- Social LinkedIn Instagram
- Legal Name Mng Airlines
- Total Equity Funding$211.2M (USD)
in 1 rounds
- Latest Funding Round$211.2M (USD), Private Equity Round
Feb 2024
- Investors
Products & Services of MNG Airlines
MNG Airlines offers a comprehensive portfolio of products and services, including Scheduled Cargo and Charter Cargo.
Scheduled cargo flights are provided by MNG Airlines for regular transportation needs
Charter cargo services are offered by MNG Airlines for customized transportation solutions
Funding Insights of MNG Airlines
MNG Airlines has successfully raised a total of $211.2M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $211.2 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $211.2M
- Total Rounds 1
- Last Round Private Equity Round — $211.2M
- First Round $211.2M
(Feb 2024)
- Investors Count 1
All 1 funding rounds of MNG Airlines with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $211.2M | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in MNG Airlines
MNG Airlines has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ghitha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Retailer & distributor of consolidates food, agriculture, vegetable oil, and other products | 2002 | ghitha.com | Abu Dhabi, United Arab Emirates |
Investor details for MNG Airlines
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MNG Airlines
1 people are tracked at MNG Airlines (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mehmet Nazif Gunal | Founder | Leadership |
Complete people profiles for MNG Airlines
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MNG Airlines
2 dated milestones of MNG Airlines across 28 years, from founding to its latest funding, stage changes and deals.
- Founded MNG Airlines is founded.
- Funding First funding round of $211.2M.
Web traffic of MNG Airlines
The website of MNG Airlines (mngairlines.com) receives about 152.1K visits a month.
- Monthly visits152.1K
▼ 44.1% vs previous month
Websites whose visitors overlap most with MNG Airlines. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| turkishcargo.com | 100% | 279.4K | #177,922 | View details | |
| turkishcargo.com.tr | 98% | View details | |||
365tracking.net | 365tracking.net | 98% | – | ||
service.mngkargo.com.tr | service.mngkargo.com.tr | 98% | – | ||
| araskargo.com.tr | 98% | 4.8M | #14,216 | View details |
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Frequently Asked Questions about MNG Airlines
MNG Airlines was founded in 1996 and raised its 1st funding round 28 years after it was founded.
MNG Airlines is headquartered in Istanbul, Turkey.
MNG Airlines is a funded company, having raised a total of $211.2M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $211.2M, raised on Feb 2024.
MNG Airlines was founded in 1996 in Istanbul, Turkey, as a cargo airline focused on the aviation sector. Scheduled cargo services are operated across countries including Germany, England, France, the United States, China, Italy, and the United Arab Emirates. Logistics, aircraft maintenance, and civil aviation services are also handled. Personnel are trained in accordance with IATA dangerous goods standards. The company was established by Mehmet Nazif Gunal.
MNG Airlines offers Scheduled Cargo and Charter Cargo.
MNG Airlines has 1 investor. Key investors include Ghitha.
MNG Airlines operates through Mng Airlines.
The website of MNG Airlines receives about 152 thousand visits a month.