Uçak Servisi A.Ş. (USAŞ) was established in 1958 by Turkish Airlines for the purposes of providing catering services for Turkish Airlines as a subsidiary of this airline company. After having served for many years as a public corporation providing catering services for Turkish Airlines and for many other foreign airline companies, the company was privatized in 1989 after the sale of 70% of its shares to SAS Service Partner. The shares of the company have been traded in the Istanbul stock exchange since 1993.
The operations of USAŞ for many years was made up of providing catering services for airline companies and the company ran kiosks, cafeterias, sales stores and similar businesses at airports, terminals, and similar places where the airline industry operates.
The company has been operated under the control of Işıklar Holding since 2012. After inclusion of the company in the Işıklar Group, the commercial title of the company was changed to “USAŞ Yatırımlar Anonim Şirketi (USAŞ Investments Inc.) within the framework of the diversification of the activities of the group in various sectors by way of restructuring the group in order to have a stronger financial structure, to obtain a sustainable growth, to make the company into a Holding company, to decrease the operating expenses for the purposes of making savings and of increasing the efficiency, and to reach a more active structure with a new field of operation as a result of the research and evaluation process. As a result, the company has been incorporated into Ege Kraft Torba Sanayi ve Ticaret A.Ş. (Ege Craft Sack Inc.) which has been overtaken with all of its assets and liabilities with a paid capital of TRL 207,500,000.
Işıklar Park Alışveriş Merkezi Yatırım A.Ş.(‘’Işıklar Park’’) (Işıklar Park Shopping Centers Investment Inc.)
Işıklar Park was established in 2011 for the purposes of development of the real estates of the Işıklar Group in the rest of the country and for establishing Shopping malls in various cities in Anatolia. The company carries out research activities and makes new projects.