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Click below for data links:
THY-2004-06 - A320
THY-2004-09 - A310-203
THY-2004-09-B - A321
THY-2004-10 - A310-304F
THY-2005-01 - A320
THY-2010-02 DME PARALLEL RUNWAY
THY-2011-01-2010 WORLD TOP TRAFFIC
THY-2011-01-ATW MKT LDR AWARD
THY-2012-01 - GLOBALLY YOURS 737-800
THY-2012-01 - NARROW BODY GROWTH
THY-2012-12 - LAST 5 YRS PROGRESS
THY-2012-12 - ROUTE MAP AFRICA
THY-2012-12 - ROUTE MAP ASIA
THY-2012-12 - ROUTE MAP EUROPE
THY-2012-12 - ROUTE MAP NORTH AMERICA
THY-2012-12-ROUTE MAP SOUTH AMERICA
THY-2013-03 TOP 10 TURKISH AIRPORTS
THY-2013-05 - 737 ORDER
THY-2014-02 - THALES IFE
THY-2014-02-NEW ATATURK LOUNGE
THY-2014-10 - LAST 10 YEAR GROWTH
THY-2015-03 - HABOM MRO-A
THY-2015-03 - HABOM MRO-B.jpg
THY-2015-03 - INCDT A330 AT KATHMANDU.jpg
THY-2015-03 - ISTANBUL TO TAIPEI.jpg
THY-2015-10 - Africa to non Africa Airlines.jpg
THY-2015-12 - Jose Efromovich Temel Kotil.jpg
THY-2016-04 - Istanbul New Airport 2018-02.jpg
THY-Cabin Attendants 2018-03-R.jpg
THY-Cabin Attendants 2018-03.jpg
THY-Cabin Attendants 2018-03.jpg
FORMED AND STARTED OPERATIONS IN 1933. A K A TURK HAVA YOLLARI.
DOMESTIC & INTERNATIONAL, SCHEDULED & CHARTER, PASSENGER & CARGO, JET AIRPLANE SERVICES.
TURKISH AIRLINES GEN MANAGEMENT
BUILDING ATATURK AIRPORT
TR-34830 YESILKOY-ISTANBUL, TURKEY
TURKEY: ONCE THE CENTER OF THE OTTOMAN EMPIRE, TURKEY WAS FOUNDED IN 1923 AS A SECULAR STATE WHOSE POPULATION IS OVERWHELMINGLY MUSLIM THOUGH NOT ARAB. A LONG-STANDING MEMBER OF NATO AND A CANDIDATE FOR MEMBERSHIP IN THE EUROPEAN UNION (EU), TURKEY HAS LOOKED TO THE WEST AS A MODEL. EXCEPT FOR BITTER WATER DISPUTES WITH SYRIA AND IRAQ, TURKEY HAS USUALLY MANAGED TO SIDESTEP REGIONAL POLITICS. WITH A DEVELOPED ECONOMY BUT LITTLE OIL, IT RELIES ON A VAST NETWORK OF MEGA DAMS FOR HYDROELECTRIC POWER AND IRRIGATION.
Turkey (the Republic of Turkey) was established in 1923, which includes Northern Cyprus (the Turkish Republic of Northern Cyprus - figures follow), it covers an area of 779,452 sq km, its population is 66 million, its capital city is Ankara, and its official language is Turkish.
Northern Cyprus (the Turkish Republic of Northern Cyprus) covers an area of 3,355 sq km, its population is 0.2 million, its capital city is Nicosia, and its official language is Turkish.
JANUARY 1993: SERVICES TO EUROPE, THE MIDDLE & FAR EAST, NORTH AFRICA & THE USA. 26 DOMESTIC AND 59 INTERNATIONAL DESTINATIONS.
GOVERNMENT OWNS 98.2%. TURKISH AIRLINES (THY) OWNS 50% CYPRUS TURKISH AIRLINES (KHT) & 50% SUNEXPRESS (SNS).
8,567 EMPLOYEES (INCLUDING 1,526 FLIGHT CREW (FC) & 1,587 MAINTENANCE TECHNICIANS (MT)).
1992 = -$70 MILLION (-$128 MILLION) (NET LOSS): +47.9% (RPK) PASSENGER TRAFFIC, +41.8% PASSENGERS (PAX); +47.4% (FTK) FREIGHT TRAFFIC.
10 LEASED 737-400'S TO REPLACE 7 727'S & 9 DC-9'S.
MARCH 1993: 60TH YEAR ANNIVERSARY!
737-4YO (CFM56-3C1) (PM558 - PM564), (GUI) LEASED & 737-4Q8 (PW267; PW268; PW278), (ILF) LEASED, +16 LEASED 737-400'S, 48C, 102Y, FOR TOTAL 31 (ALL STAGE 3 BY 1994).
AUGUST 1993: 3RD OPERATOR (AFTER LUFTHANSA (DLH) & AIR FRANCE (AFA) OF A340-300.
APRIL 1994: 2 737-400'S AND 1 RJ-100 (LF507-1F), DELIVERIES.
JULY 1994: A340-300 (CFM56-5C2) DELIVERY.
FEBRUARY 1995: 737-4Q8 (PW290), (ILF) LEASED.
APRIL 1995: FISCAL YEAR (FY) 1994 = -$7 MILLION (NET LOSS).
3 727-200'S CONVERTED TO FREIGHTER BY (PEMCO).
JUNE 1995: 1 737-400, (ILF) LEASED, & 1 RJ-100 DELIVERIES.
OCTOBER 1995: NEW ROUTE TO THESSALONIKI (RJ100).
DECEMBER 1995: 4 ORDERS (FEBRUARY - MAY 1996) AVRO RJ70'S, 71Y PAX.
JANUARY 1996: 1995 = +$7.9 MILLION: +14.9% (RPK) TRAFFIC, +15% PASSENGERS (PAX), +15.3% (FTK) FREIGHT TRAFFIC.
JUNE 1996: 4TH A340 DELIVERY +1 IN APRIL 1997. 4 RJ-70'S DELIVERIES.
JULY 1996: 3 A320-200'S (V2500) (257; 429; 476), TRANSAER (TSD) 6 MONTH WET-LEASED (V2500). 14TH RJ-70 DELIVERY.
SEPTEMBER 1996: CEM KOZLU LEFT THE AIRLINE & REPLACED BY CAPTAIN ATILLA CELEBI, CHAIRMAN, PRESIDENT & GENERAL MANAGER.
OCTOBER 1996: TO TBILISI, GEORGIA (RJ70 & 737).
JANUARY 1997: APPLIED FOR ROUTE TO CHICAGO (ORD) (A340-300).
1996 = 6.803 BILLION (RPK) (PASSENGER TRAFFIC) (WORLD HIGHEST #43).
APRIL 1997: TO CHICAGO (ORD), (A340-300, 3 CLASS, NONSTOP).
JUNE 1997: 8,583 EMPLOYEES (INCLUDING 1,635 FLIGHT CREW (FC) & 132 MAINTENANCE TECHNICIANS (MT)).
OGUZ TEXMEN, CHAIRMAN REPLACES CAPTAIN ATTILLA CELEBI, WHO REMAINS AS GENERAL MANAGER. OGUZ TEZMEN WAS FORMER DEPUTY MINISTER OF TRANSPORT.
FISCAL YEAR (FY) 1996 = +$54 MILLION (+$8 MILLION) (NET PROFIT).
2 A320'S (V2500) (257; 428), TRANSAER (TSD) WET-LEASED, UNTIL SEPTEMBER 1997. 5TH A340 DELIVERY.
JULY 1997: MISTIMED ALLIEDSIGNAL ANNOUNCEMENT, FOR WHEELS & BRAKES, REVEALS $2.8 BILLION, 30/24 ORDERS (1998) 737-800'S, AWAITING CONFIRMATION BY NEW PRIME MINISTER.
2 A320-231'S (257; 428), TRANSAER (TSD) LEASED.
AUGUST 1997: FOLLOWING CHANGE OF GOVERNMENT, CEM KOZLU CHAIRMAN. YOSUF BOLAYIRLI GENERAL MANAGER FROM VP TECHNICAL, REPLACES CAPTAIN ATTILLA CELEBI.
SEPTEMBER 1997: CEMIL KAYAHAN VP TECHNICAL. AHMET LAYA DIRECTOR OVERHAUL SHOPS.
JUNE - SEPTEMBER 1997 INCLUSIVE TOUR CHARTER FROM BOLOGNA FOR LATIN TOURS (737-400).
B AE 146-100 (RJ70) (E1229, "ERZINCAN") DELIVERY. 26/23 ORDERS (APRIL 1998) 737-600/-800'S. FIRM ORDER IS $850 MILLION, WITH OFF-SET FOR TURKISH AVIATION INDUSTRY, TO BUILD $384 MILLION PARTS FOR BOEING (TBC). TO BE USED ON DOMESTIC, MIDDLE EAST, EUROPE, & NORTH AFRICA ROUTES.
OCTOBER 1997: 11,318 EMPLOYEES.
EXPECTS >10.7 MILLION PASSENGER (PAX) THIS YEAR (TO RISE ABOVE #30 VARIG (VAR) IN (IATA) (ITA) RANKINGS).
GOVERNMENT OK'S $1.33 BILLION FOR 26/23 ORDERS (APRIL 1998) 737-800'S. 5TH A340-313X (180, "ADANA") DELIVERY. OF 10 RJ100'S, IN 1993, 1ST 5 WERE LEASED @ $200K/MONTH, 2ND 5 @ $191,000/MONTH. 4 RJ70'S $320,000/MONTH.
DECEMBER 1997: TO VENICE.
JANUARY 1998: CODE SHARE WITH SWISSAIR (SWS), TO GENEVA.
PLANS TO DOUBLE TRANS-ATLANTIC SERVICE, IN 1998.
PLANS TO PROVIDE 10 737-400'S TO CYPRUS TURKISH AIRLINES (KTHY) (KHT) (OWNS 50%).
FEB 1998: CARRIED ITS 10 MILLIONTH PASSENGER & 100TH DESTINATION: ESKISEHIR.
MARCH 1998: CODE SHARE WITH SABENA (SAB), TO BRUSSELS.
LETTER OF INTENT (LOI) 2 ORDERS (APRIL 1999) A340-300'S (CFM56-5B/P).
APRIL 1998: 8,958 EMPLOYEES (INCLUDING 690 FLIGHT CREW (FC) & 156 MAINTENANCE TECHNICIANS (MT)).
JUNE 1998: 2 727-200'S (JT8D-15), TOP AIR (TOP) LEASED.
JULY 1998: MAINTENANCE CONTRACT FOR AZERBAIJAN AIRLINES (AHY) 3 727-200'S. 2 MD-90'S AS INTERIM LIFT UNTIL 737-800 DELIVERY (53552; 53553), EX-KIBRIS, BOEING SHORT-TERM LEASE.
SEPTEMBER 1998: 1ST 737-8F2 (29765 - "DIYARBAKIR") ON ORDER.
OCTOBER 1998: QUALIFLYER CODE SHARE WITH SWISSAIR (SWS), ANKARA - ZURICH.
NOVEMBER 1998: 1ST 6 737-8F2'S DELIVERED (LEFT SEATTLE 1/2 HOUR APART), 20C, 135Y PAX (29765; 29766; 29767; 29768; 29769; 29770). 2 MD-90-30'S (53552; 53553), RETURNED TO BOEING (TBC).
FEBRUARY 1999: 737-4Q8 (25740) RETURNED TO (ILFC) (ILF), LEASED TO FUTURA INTERNATIONAL (FUA). A310'S FOR SALE.
MARCH 1999: USA DEPARTMENT OF TRANSPORTATION (DOT) 1 YEAR EXEMPTION FOR SCHEDULED FOREIGN COMBI SERVICE TO MIAMI, VIA AMSTERDAM, AND BRUSSELS, & CO-TERMINALIZE WITH EXISTING AUTHORITY TO NEW YORK AND CHICAGO (ORD).
1 737-8F2 (29771, TC-JFI).
APRIL 1999: ACCDT: (THY) 737-4Q8 (25378, /95) CRASHED, SHORTLY AFTER TAKEOFF, FROM ADANA, TURKEY = ALL 6 (FC)-(CA)/- FATALITIES.
9,712 EMPLOYEES (INCLUDING 797 FLIGHT CREW (FC), 1,355 CABIN ATTENDANTS (CA), & 197 MAINTENANCE TECHNICIANS (MT)).
(email@example.com). SITA: ISTDZTK.
APPLIES FOR EXTENDED TWIN-ENGINE OPERATIONS (ETOPS) APPROVAL FOR A310'S FOR OPERATIONS TO CHICAGO (ORD).
2 737-8F2'S (29972, TC-JFJ; 29974, TC-JFK) & A340-313X (270, TC-JDO) DELIVERIES.
MAY 1999: NEXT MONTH, NONSTOP TO MIAMI (MIA).
JUNE 1999: 737-4Q8 (26290) RETURNED TO (ILF). 2 737-8F2'S (29776 TC-JFN; 29777, TC-JFO) DELIVERIES. A310-203 (386, TC-TCO) SOLD TO CYPRUS TURKISH (KHT).
1998 TOP WORLD AIRLINES TRAFFIC (RPM) (BILLION):
34 ANS 10.14; 35 SAA 9.85; 36 SAB 9.53; 37 BEJ 9.07; 38 JAS 8.77; 39 THY 8.10; 40 EAD 8.06; 41 AIN 7.68; 42 ELA 7.55; 43 GIA 7.09.
JULY 1999: NEW ROUTE TO TRIPOLI AND ALGIERS.
AUGUST 1999: EARTHQUAKE IN TURKEY, KILLS >15,000.
CONTRACT MAINTENANCE EXTENDED "C" CHECK FOR AZERBAIJAN AIRLINES (AHY) 727-200 (4K-AZ1). 3 727-200F'S (QD327; QD328; QD329) FOR SALE (TRANSMILE (TML) INTERESTED). 737-4Q8'S (26290; 26291), RETURNED TO (ILF), LEASED TO PEGASUS AIRLINES (PGS). 737-8F2 (29778, TC-JFP) DELIVERY. CONSIDERING CHANGING 737-800 OPTIONS TO 737-600'S AS POSSIBLE REPLACEMENT FOR 9 RJ100'S.
SEPTEMBER 1999: CODE SHARE WITH MALAYSIA AIRLINES (MAS) TO KUALA LUMPUR, VIA DUBAI (A310/A330).
737-8F2 (29779, TC-JFR) DELIVERY.
OCTOBER 1999: MAINTENANCE DIVISION: CONTACT: EROL KONYALIOGLU, DIRECTOR PRODUCTION PLANNING & CONTROL (firstname.lastname@example.org), HAS 9,600 SQ M FOR 5 WIDE BODIES & 12,800 SQ M FOR 3 NARROW BODIES AIRPLANES FOR 727/F'S, 737-400/-500/-800'S, A310'S, A340'S, AND AVRO RJ70/100'S "A" - "D" CHECKS, INCLUDING INTERIORS, STRIP/PAINT, AND SHEET METAL WORK.
NOVEMBER 1999: 1998 = +$21.02 MILLION (+$18.76 MILLION): 8.10 BILLION (RPM) TRAFFIC (+5.3%), 942 MILLION (FTM) FREIGHT TRAFFIC (+.4%).
JANUARY 2000: 727-2F2F SOLD TO TRANSMILE (TML) (22993). 2 737-800'S DELIVERIES CARRYING RELIEF SUPPLIES & TEXTBOOKS. 737-400 (PW284) RETURNED TO (ILF), LEASED TO ASIANA AIRLINES (AAR).
FEBRUARY 2000: 8,958 EMPLOYEES.
MARCH 2000: TURKEY BECOMES 45TH, "OPEN-SKIES" PARTNER FOR USA. WILL BE FULLY IMPLEMENTED OVER 3-YEAR TRANSITION PERIOD.
737-8F2 (29872, TC-JFV) DELIVERY.
APRIL 2000: 9,712 EMPLOYEES (INCLUDING 797 FLIGHT CREW (FC), 1,355 CABIN ATTENDANTS (CA), & 197 MAINTENANCE TECHNICIANS (MT)).
2 737-4Q8 (25375; 26299) RETURNED TO (ILF). 1 737-8F2 (29783, TC-JFY) & A340-313X (331) DELIVERIES.
MAY 2000: USA SIGNS "OPEN SKIES" AGREEMENT WITH TURKEY.
FISCAL YEAR (FY) 1999 = -$109 MILLION.
737-48 (26298), RETURNED TO (ILF), LEASED TO BLUE PANORAMA AIRLINES (BPA). 737-4Q8 (26299) RETURNED TO (ILF), LEASED TO ASIANA AIRLINES (AAR). 737-4Q8 (26300) RETURNED TO (ILF).
JUNE 2000: TO WARSAW (737-800, 3/WEEK).
737-4Q8 (26302) RETURNED (ILF), LEASED TO VIRGIN BLUE (VOZ).
JULY 2000: 1999 = -$162 MILLION (+$21 MILLION): 14.02 BILLION (RPK) TRAFFIC (+1.5%); 228.26 MILLION (FTK) FREIGHT TRAFFIC (+18.2%); 10.54 MILLION PASSENGERS (PAX) (+.4%); 9,712 EMPLOYEES.
AUGUST 2000: (GE) CONDUCTS "SIX SIGMA QUALITY" 2-PHASE QUALITY TRAINING THROUGH IMPROVED PRODUCTS, PROCESSES, & SERVICES.
(FAA) AUDIT OF MAINTENANCE FACILITIES.
727-2F2F (22998, /82 34 20), SOLD TO TRANSMILE (TML).
SEPTEMBER 2000: CODE SHARE WITH CATHAY PACIFIC (CAT) TO HONG KONG (A340-300). TO CHISINAU.
PRIVATIZATION NOW PLANNED FOR JUNE 2001 WITH GOVERNMENT 49%, & 51% TO PRIVATE SECTOR.
OCTOBER 2000: TO PRAGUE AND WARSAW.
DECEMBER 2000: 1 737-4Q8 (26300, /94 TC-JKA), (ILF) 27 MONTH LEASED, EX-GALAXY (GLY).
JANUARY 2001: 6 A310-203'S (338; 370; 375; 379; 389; 390), RETURNED TO (AFIS), LEASED TO IRAN AIR (IRN). 1 A310-304 (418) SOLD TO FRENCH AIR FORCE (FAF).
FEBRUARY 2001: 737-4YO (1988-24904) RETURNED TO LESSOR. 1 737-8F2 (771-29787, TC-JGC), DELIVERY.
MARCH 2001: 1 737-8F2 (791-29788, TC-JGD), DELIVERY.
APRIL 2001: 9,527 EMPLOYEES.
SEPTEMBER 2001: SIGNS UP FOR PORTABLE MAINTENANCE AID (PMA) FOR 737-400/-800 AIRPLANES.
3 ORDERS (11/02) A330-200'S, TRANSFERRED FROM EXISTING 3 A340-300'S ORDERS.
NOVEMBER 2001: AVIATION INDUSTRY DOWNTURN RESULTS IN LAYOFF OF 1,552 EMPLOYEES (-10%) WITHIN 3 MONTHS.
1ST 9 MONTHS = 1.12 BILLION (RPK) TRAFFIC (-14.8%); -5.1% (ASK) CAPACITY; 66.2% LF LOAD FACTOR(-7.5); 22.79 MILLION (FTK) FREIGHT TRAFFIC (-23.8%).
DECEMBER 2001: MEETING WITH AVIATION PARTNERS/BOEING (APB) TO DISCUSS BECOMING A MODIFICATION CENTER FOR 737NG WINGLET INSTALLATIONS.
CODE SHARE WITH AIR EUROPA (ARE) AND SPANAIR (SPP), FROM MADRID TO HAVANA, SANTO DOMINGO, RIO DE JANEIRO, & SAO PAULO.
JANUARY 2002: DELAYS DELIVERY OF 2 737-800'S, FROM OCTOBER 2003, TIL 2ND QUARTER 2003, AND SUSPENDS DELIVERY OF 3 A340-300'S.
2001 TOP 50 WORLD AIRLINES - PASSENGER TRAFFIC (BILLION) (RPM):
1 UAL 116.60; 2 AAL 106.15; 3 DAL 97.60; 4 NWA 73.11; 5 BAB 64.24; 6 AFA 59.54; 7 CAL 58.76; 8 DLH 56.76; 9 JAL 50.77; 10 USA 45.93; 11 SWA 44.50; 12 SIA 42.76; 13 QAN 42.14; 14 ACN 41.49; 15 KLM 35.76; 16 ANA 33.16; 17 CAT 27.81; 18 TII 27.43; 19 IBE 25.64; 20 KAL 23.73; 21 ALI 22.45; 22 MAS 22.29; 23 AMW 19.06; 24 VAA 17.65; 25 VAR 16.02; 26 CHI 16.00; 27 EAD 14.37; 28 SAS 14.26; 29 ANZ 13.54; 30 SAA 12.70; 31 SVA 12.56; 32 BEJ 12.39; 33 ASA 12.23; 34 JAS 10.06; 35 THY 9.35; 36 AMX 8.51; 37 PAL 8.36; 38 GIA 8.15; 39 CMA 7.99; 40 ELA 7.79; 41 GUL 7.65; 42 PIA 7.24; 43 AIN 7.10; 44 TAP 6.43; 45 EGP 5.53; 46 OLY 5.24; 47 AUL 5.06; 48 FIN 4.93; 49 IND 4.52; 50 CQT 4.51.
MARCH 2002: CAPTAIN ZAFIR BAYSAL FLIGHT OPERATIONS DIRECTOR REPLACES CAPTAIN MUSTAFA KOLKO, WHO RETIRED.
APRIL 2002: 9,001 EMPLOYEES (INCLUDING 776 FLIGHT CREW (FC); 1,126 CABIN ATTENDANTS (CA); & 150 MAINTENANCE TECHNICIANS (MT)).
MAIN BASE: ISTANBUL - ATATURK INTERNATIONAL (IST).
HUB: ANKARA - ESENBOGA INTERNATIONAL (ESB).
OWNERS: TC PRIVATIZATION ADMINISTRATION (98.2%); PRIVATE SHAREHOLDERS (1.8%).
MAY 2002: LETTER OF INTENT (LOI) TO SELL 7 A300/A310'S AIRPLANES FOR $144.6 MILLION. A340-313X (TC-JII), PAINTED IN WORLD CUP SOCCER MARKINGS. IN THE WORLD CUP, TURKEY'S SOCCER TEAM ENDED UP IN AN ALL-TIME HIGH 3RD PLACE!
July 2002: 2001 = +$16.34 million (-$102.73 million): 15.68 billion (RPK) traffic (-9.9%); 10.28 million passengers (PAX) (-14.6%); 339.24 million (FTK) freight traffic (-10.8%); 10,000 (+11.1%). 1st 6 months = 7.65 billion (RPK) (-1.2%); 4.75 million (PAX) (-6.6%); 176.11 million (FTK) (+2.1%).
2 A310's sold to Mahan Air (MHN).
September 2002: Forms a subsidiary called "TURK JET" that will take over its 7 B Ae (Avro) RJ70's and RJ100's in 2003, to operate domestic services. The government is also an investor in the project.
2/50 orders, 737-800 blended winglets shipsets. Turkish Airlines (THY) is the 1st operator to install its own blended winglets, and to be named an approved winglet installation center.
October 2002: To Hong Kong, via Bangkok (2/week).
Kernal Ozen, Technical Director, replaces Ziya Oral, who retired. Captain Niyazi Ozbay Flight Safety & Quality Assurance Director, replaces Ahmet Kaya who retired. Ozcan Uzunoglu Director Training, replaced Oya Torum who retired.
November 2002: 1st 9 months after tax = +161 million liras/+$97.5 million (record!)
January 2003: ACCDT: (THY) Avro RJ100 (E3241, TC-THG) crashed, landing 40m short of runway on visual approach to Diyarbakir in heavy fog - 4 (FC)-(CA)/71 passenger fatalities of 5/75 on board.
March 2003: 2002 = +TRL 104.92 trillion/+$64.47 million (+TRL 8.13 trillion): 15.95 billion (RPK) traffic (-4%); 371.05 million (FTK) freight traffic (+1.3%).
April 2003: 11,242 employees (including 710 FC, 1,636 CA, & 161 MT).
June 2003: (THY) operates a fleet of 66 airplanes.
To receive an indirect +#3.1 trillion lira/+$2.15 billion government subsidy in connection with planned orders for 26 new airplanes over the next 5 years. Is still on track to privatize later this year.
August 2003: In September 2003, code share with Air India (AIN), Istanbul - Delhi (A310-300, 3/week).
September 2003: 2002 = +$44.3 million (+$16.4 million): 16.59 billion (RPK) traffic (+5.8%); -3.3% (ASK) capacity; 68.9% LF load factor (+5.9); 393 million (FTK) freight traffic (+13.3%); 10,984 employees (-2.3%).
2002 TOP WORLD AIRLINES PASSENGER TRAFFIC (RPK) (BILLION):
38 (EVA) 19.51; 39 (CEA) 18.63; 40 (BRI) 18.43; 41 (ARO) 17.65; 42 (CDF) 17.41; 43 (AUL) 17.34; 44 (AAR) 17.33; 45 (GIA) 16.72; 46 (THY) 16.59; 47 (ATZ) 16.30; 48 (LTU) 16.10; 49 (JAS) 15.90.
Plans to acquire up to 10 717's for a low-cost division to take over the Istanbul - Ankara/Izmir and Izmir - Ankara routes.
November 2003: In February 2004, Istanbul - Toronto (A340, 3/week).
January 2004: 2003 = +253.1T lira/+$154.57 million (+84%) (+$251.18 million): 16.11 billion (RPK) traffic (-2.9%); 67% LF load factor; 10.42 million passengers (PAX) (+.4%) (record!); 369.2 million (FTK) freight traffic (-1.8%).
Plans to open new routes in 2004 from Istanbul Ataturk Airport to Casablanca and Oslo.
Stated it would withdraw its 6 737-400's, 2 737-500's and 4 of its 5 A310-300's during 2004, but intends to continue to operate 8 737-400's along with its fleet of 25 737-800's, and 7 A340-300's. Will replace its RJ-70/-100 fleet with a mix of regional jets and turboprops in 2005 & 2006, with turboprops to serve domestic airports with short runways.
March 2004: Aigle Azur (AZU) received most (a total of 1,460/year) of the Paris Orly (ORY) slots previously held by defunct Air Littoral, worth 2 flights/day. COHOR also distributed former Air Littoral slots to Air Nostrum (104), Egyptair (EGP) (104), Montenegro Airlines (MNO) (936), Pulkovo Airlines (STG) (624), Sky Europe (SKP) (624), Turkish (THY) (434), and Tunisair (TUN).
April 2004: 1 A321-200 (CFM56-5B3/P), Boullioun (BOU) leased.
May 2004: Resumes Istanbul - Ercan.
June 2004: Is expected to order 21 737-800's, 19 A320's, 12 A321's & 5 A330's.
A320-214 (992), delivery.
July 2004: Farnborough Air Show announcement of $982.5 million, 15 orders 737-800's. Also, $400 million Memo of Understanding (MOU) for 36 orders (November 2005): 19 A320's; 12 A321's; & 5 A330-200's.
A310-203 (CF6-80A3) (352, /85 TC-AKP), World Focus (WFS) wet-leased. 2 A320-214's (545, TC-JLA; 562, TC-JLB), deliveries. A320-214 (1413, TC-JLF), S A L E (SIL) leased. A321-211 (1012, TC-KTY) leased.
August 2004: 2 A320-214's (566, TC-JLC; 574, TC-JLD), & 2 A321-111's (522, TC-JMA; 541, TC-JMB), Airbus (AFIS) leased.
October 2004: Antalya - Zurich (737-800, weekly).
Plans to offer up to another 23% of its stock to the public in November 2004, worth about $27 million. 2 737-400's, ex-Asiana Airlines (AAR), leased. Will convert an A310-300 to a freighter.
A310-304F (502, TC-JCT "Samsun"), Intrepid leased.
November 2004: Istanbul - Maastricht (A310F, 5/week).
A320-214 (553, TC-JLH) Chasseral Aircraft leased. A320-214 (1054, TC-JLG), Delvaux leased.
December 2004: 2 A321's, ex-BMI British Midland (BMA), (ILF) leased.
March 2005: 3 A320-232's (1856; 1909; 1996), ex-Volare Airlines (VLR), SALE (SIL) leased.
Selects Teledyne Controls Flight Data Interface Management Unit for 36 A319's/A320's & A330's.
May 2005: A321-231 (806, TC-JMC), (ILF) leased.
June 2005: Turkish Airlines (THY) and Singapore Technologies Aerospace (ST Aero) signed a Memo of Understanding (MOU) to create a 50/50 partnership in a new Maintenance Repair & Overhaul (MRO) facility to be built at Istanbul's 2nd airport, Kurtkoy Sabina Gokcen International. The center to be called HABOM, is to be operated and managed by ST Aero and will offer 3rd party services covering airframe, engine & component overhaul & support as well as supporting (THY) with other than line, light & technical services. (THY) will also use ST Aero's global network of (MRO) centers for service & support consisting of commercial airplane maintenance, repair & modifications, engine & component maintenance, overhaul & integrated component support.
A321-211 (2060, TC-JMG), Boullioun (BOU) leased.
July 2005: Selects MicroStrategy to report on and analyze its corporate performance data.
Exercises option with $542 million to order +8 737-800's on top of the 15 it already has ordered.
August 2005: A310-203 (386, TC-JCO) & A330-203 (697, TC-JNA), deliveries.
September 2005: Turkish Airlines (THY) said it decided to buy 5 A340s it currently is leasing for a total $175 million. (THY) said that it will finance the purchases from its own resources. The lease periods are scheduled to expire between April 2006 and April 2011.
October 2005: Sabre Airline Solutions said Turkish Airlines (THY) signed up for >$1 million of decision-support technology from Sabre's AirMax Revenue Management product group.
Turkish Airlines (THY) inaugurated nonstop service from Istanbul to Astana (Kazakhstan) on October 19th. (THY) now operate 2x-weekly, on Wednesday & Saturdays with a 737-800.
Holding talks with Korean Air (KAL) about leasing A330's for the Hadj season.
November 2005: Turkish Airlines (THY) reported "strong growth" in net earnings to +$96 million during the 3rd quarter ended September 30, up +28% over the year-ago period, as revenues jumped +27% to $716 million on a +15% increase in passenger numbers to 4.3 million. "We have delivered a strong trading performance in the year to date, which reflects a combination of good market conditions for tourism and the positive development of Turkey's economy and geopolitical situation," said Temel Kotil, who was elevated to (CEO) in April. 3rd-quarter operating costs rose +30% to $623 million. Load factor held steady at 76% LF against a +11% climb in capacity (ASK).
For the 1st 9 months of 2005, (THY) reported a net profit of +$106 million, an increase of +31% over the 2004 period. Revenues rose +30% to $1.76 billion while operating expenses increased +33% to $1.68 billion, largely owing to a +69% surge in fuel expense. (THY) does not hedge its fuel costs.
Looking forward, Kotil said (THY) expects "to begin to enjoy returns from our ongoing investment program in our fleet, which will be 1 of Europe's youngest by 2008." In September 2004 it placed an order for 15 737-800s and one month later it committed to 36 Airbus airplanes comprising 19 A320s, 12 A321s and 5 A330-200s. A total of 59 airplanes are on order and the airline said it intends to add 24 international routes in 2006. The projected increase to a 100-plane fleet constitutes an investment of $2 billion.
Also, (THY) will boost jet airplane Maintenance Repair & Overhaul (MRO) revenues after signing a Memo of Understanding (MOU) with (ST) Aerospace in June for investment in its $200 million HABOM maintenance center, which (THY) said will be able to handle +350 airplanes.
(THY) (CEO) Temel Kotil is confident (THY) will maintain the profitability reached in the 1st 9 months of the current fiscal year, which included a net margin of 5% and an EDITBAR margin of 19%, despite a plan to increase seat capacity +30% (ASK) by 2008. "This is a good margin for a European operator," Kotil said. "As a matter of fact, it's among the best of the (AEA) members." He added that (THY) intends to pursue its present positioning as a full-service network carrier and is committed to expanding its market share in the domestic segment, the European market and Asia. "We are adding 59 airplanes to bring our fleet by the end of 2008 to 100 airplanes, mostly narrow bodies. This means we are very established in short- and medium-haul routes. From Istanbul you can reach 55 capitals with our narrow body airplanes. This is our natural market."
Kotil does not believe the likely accession of Turkey into the European Union (EU) will affect (THY) negatively because "our growth strategy is solid, our natural market is solid and the management is focused on cost controls and increasing efficiency." Moreover, he thinks (THY) is well positioned to compete with (EU) carriers. "We are increasing our service levels while lowering our operating cost. We have about the lowest cost per (ASK) [6.65 cents through September] of all (AEA) member airlines," he said, adding that nevertheless there is "a place for [cost] improvement."
He confirmed that the board decided to spin off the (THY) training capabilities and its Technical division. The latter coincides with establishment of the HABOM project, the $200 million jet airplane Maintenace Repair & Overhaul (MRO) center based at Istanbul's Sabiha Gokcen International Airport. HABOM will focus on heavy maintenance while (THY) Teknik will turn its commitment to line and light maintenance.
(THY) Teknik will be wholly owned by (THY). "Light maintenance is crucial for an airline; that is why we want to keep full control. It will remain based at Ataturk Airport, where we have most of our operations," Kotil said.
2 MD-83's (53185, TC-AKM; 53186, TC-AKN), World Focus (WFS) 6 month wet-leased.
December 2005: Plans to add +23 routes from its Istanbul base next year. There will be new routes to Russia, and former Soviet Union states, to the Middle East, Africa, and India.
Turkish Airlines (THY) announced plans to add a dozen destinations in the 1st quarter of 2006. The following 3 already have a published scheduled from Istanbul to: Kazan, Russia = 2x-weekly (Tuesdays/Fridays) 737-400 from January 24th; Ljubljana, Slovenia = 3x-weekly (Mondays/Wednesdays/Saturdays) 737-400 from January 16th; Rostov, Russia = 3x-weekly (Tuesdays/Thursdays/Sundays) 737-400 from January 19th.
Asiana Airlines (AAR) said it will place cabin staff on (THY) airplanes on its 2x-weekly code share flights between Incheon and Istanbul. 2 (AAR) flight attendants (CA) will work each flight to "provide more convenient service to Korean passengers who make up 80%" of the route's traffic. (AAR) added, "such attendant (CA) detachment is a unique kind of cooperation in the worldwide airline industry."
(THY) is looking into launching a low-cost carrier (LCC) by next year. According to several Turkish media reports, (THY) plans to use its older airplanes for the operation, likely its 737-400 fleet. The new airline would offer -20% lower fares.
American Airlines (AAL) started interline e-ticketing with Korean Air (KAL) and (THY).
(THY) took delivery of the 1st of 5 A330-200s on order and the 1st of 19 A320s. It also will add 12 A321s to its fleet.
737-8F2 (34405, TC-JGG) & 2 A320-232's (2609, TC-JPA; 2626, JC-JPB), & 2 A330-203's (697, TC-JNA; 704, TC-JNB), deliveries.
January 2006: Hitit Computer Services' Crane Frequent Flyer software was chosen by Carlson Marketing Group for Virgin Blue (VOZ)'s new loyalty program Velocity. Turkish Airlines (THY), Icelandair (ICE) and Kuwait Airways (KUW) also use Crane.
(THY) will launch its low cost airline "Turkish Express" in October. Turkish Express is expected to use 737-400s and 737-800s on routes from Ankara to various European countries.
(THY) inaugurated nonstop service from Istanbul to Ljubljana. The airline now operates 3x-weekly, on Mondays/Wednesdays/Saturdays, using a 737-400.
737-8F2 (34406, TC-JGH) delivery. 1 B Ae 146-RJ70 (E1229) & 2 B Ae 146-RJ100's (E3264; E3265), returned to B Ae Systems.
February 2006: (SITA)'s efforts to reach small and mid-sized airports around the world took off when it concluded an agreement with Turkish aviation operations and airport construction company (TAV) certifying it as the exclusive Turkish reseller of (SITA)'s AirportConnect (CUTE), AirportConnect Kiosk, BagManager and BagMessage products. The deal marked the launch of (SITA)'s new strategy to establish a "global network of partners" to provide the company's Information Technology (IT) solutions to airports handling 5 million passengers or fewer per year. "(SITA) is known as a direct business model with which we are presenting 220 countries. But we acknowledged the increasing demand to be more local," Senior VP Sales & Distribution Bruno Frentzel said in Istanbul. "We noticed we are very present at large airports and not so present at regional airports where there is a huge potential for (IT)."
(SITA) estimates there is a worldwide market of >1,000 such airports worth an estimated $2 billion in potential sales over the next 5 years. To approach these airports, it is offering Value Added Reseller Agreements to local partners like (TAV). "It's kind of a franchise model," said Frentzel.
(TAV) will implement the (SITA) portfolio at airports in Izmir and Ankara as well as at Tbilisi in Georgia. "We would like to proceed this way in another 3 countries this year," Frentzel said, adding that (SITA) has "targeted" Thailand, France and several Latin American nations as ideal.
"(SITA) is diversifying its way of doing business," he noted. "The indirect channel distribution is 1 example, the contract concluded last year with Dusseldorf Airport is another way." He confirmed that there are "a couple of other airports, mainly in Europe, ready to follow the Dusseldorf example and to outsource their total (IT) to (SITA) in the near future."
Turkish Airlines (THY) (TK/Istanbul Ataturk) will launch 3 new routes in March: Istanbul Ataturk - Belgrade: 3x-weekly 737-800 service starting on March 6;
Istanbul Ataturk - Dublin: 2x-weekly 737-800 service starting on March 28;
Istanbul Sabiha Gokcen to Bodrum: 5x-weekly 737-400 service starting
on March 26.
2 737-8F2's (34407, TC-JGI; 34408, TC-JGJ), deliveries.
April 2006: Turkish Airlines (THY) successfully completed the (IATA) Operational Safety Audit and was entered on the (IOSA) registry.
(THY) inaugurated service from Istanbul to Addis Ababa (Ethiopia) via Khartoum (Sudan) and now operates 2x-weekly, departing Istanbul on Mondays & Thursdays and departing Addis Ababa on Tuesdays & Fridays and operated with a 737-800.
Turkish Airlines (THY) has leased 2 new A319-100s from (ILFC) (ILF) for 6 years. The airplanes were to be delivered this month.
2 737-8F2's (34409, TC-JGK; 34410, TC-JGL), & 2 A319-132's (2738, TC-JLM; 2739, TC-JLN), (ILF) leased deliveries.
May 2006: 10,956 employees (including 812 Flight Crew (FC); 1,781 Cabin Attendants (CA); & 257 Maintenance Technicians (MT)).
Parent organization/shareholders: T C Privatization Administration (75.2%); & private shareholders (24.8%).
Owns: Turkish Express (100%); & SunExpress Airlines (SNS) (50%).
Alliances: Air China (BEJ); Air-India (AIN); American Airlines (AAL); Asiana Airlines (AAR); Croatia Airlines (CRH); (CSA) Czech Airlines; Japan Airlines International (JAL); Kuwait Airways (KUW); (LOT) Polish Airlines; Royal Air Maroc (RAM); & Sunexpress (SNS).
(THY) signed a code share agreement with Croatia Airlines (CRH) for flights between Istanbul and Zagreb. (THY) and (TAP) Portugal concluded a code share agreement that will see (TAP) place its code on (THY)'s 3x-weekly Lisbon to Istanbul service beginning July 1.
(THY) inaugurated a new nonstop service from Istanbul's Sabiha Gokcen Airport (IST) to Van (Turkey) and is operated with a 737-400 and is in addition to daily 737-800 service operated from Istanbul's Ataturk Airport. (THY) will inaugurate nonstop service from Istanbul to Minsk on May 25th and operate 2x-weekly, on Mondays & Thursdays, using an A320. (THY) will inaugurate new nonstop service from (IST) to Hannover (HAJ) on June 19th and operate 2x-weekly departing (IST) on Mondays, & Thursdays and (HAJ) on Tuesdays & Fridays operated with a 737-800. This service is in addition to 8x-weekly 737-800 flights from Istanbul's Ataturk Airport increasing to 13x- in July. (THY) will inaugurate nonstop service from Istanbul to Lagos on June 22nd and operate 2x-weekly, on Thursdays & Saturdays, using an A310-300.
(IST)'s cargo facilities were mostly destroyed by a recent fire and it remains unclear when and how regular airfreight operations can resume at the airport. The area destroyed by the fire included warehouse space for storing and sorting international air cargo and was used by nearly all major carriers operating cargo services at (IST). Estimated total damage from the blaze, which claimed no lives, is as high as $50 million, including $10 million in lost cargo. (IST) is Europe's 13th busiest cargo airport, according to Airports Council International. It has made an effort to grow international cargo operations in recent years, touting bi-continental Istanbul's strategic location as a gateway to both Asia and Europe. It hosted the International Air Cargo Association Annual General Meeting (AGM) in 2005, promoting (IST)'s airfreight potential to top airline cargo executives from around the world.
For now, cargo airplanes are being diverted to Sabiha Gokcen Airport, Istanbul's 2nd international airport located on the Asian side of the city, and to Corlu about 50 miles west of Istanbul in Thrace. But Sabiha's cargo facilities are far less developed than were Ataturk's and (THY) has noted its "limited cargo capacity" in past statements regarding (THY)'s airfreight operations there. (THY)'s cargo operations were not located at the site of the fire and it is expected that its airfreight activities at (IST) will not be curtailed, but most major international air cargo operators will have to reassess flights to Ataturk.
2 737-8F2's (34411, TC-JGM; 34412, TC-JGN), deliveries. Turkish Airlines (THY) leased 2 A319-100s formerly operated by defunct Independence Air (BLR). A330-203 (742, TC-JNC), delivery.
June 2006: Thales (THL) will supply a Level "D" full flight simulator to Turkish Airlines (THY). It will be ready for training in December and will be installed at (THY)'s Training center at Istanbul Ataturk. (THY) also will upgrade a 737-400 Full Flight Simulator (FFS).
(ALAFCO) Aviation Lease and Finance (AVF) of Kuwait said it purchased 5 new 737-800s valued at $250 million that it plans to lease to (THY) for 12 years.
2 737-8F2's (34413, TC-JGO; 34414, TC-JGP), & A330-203 (754, TC-JND), deliveries.
July 2006: Japan Airlines (JAL) will code share on Turkish Airlines (THY)'s restored 3x-weekly Osaka Kansai to Istanbul service.
Boeing (TBC) said design enhancements that increase the short-field performance of the 737NG earned USA (FAA) certification after a 4-month test program. The improvements allow carriers to fly increased payload at airports with runways <5,000 ft and include a 2-position tail skid that reduces approach speeds, sealed leading-edge slats for lift and increased spoiler deflection on the ground. The features are standard on the 737-900ER and optional on the 737-600, 737-700 and 737-800. Gol (GOT) is the launch customer for the short-field performance package. Other operators who have placed orders are Alaska Airlines (ASA), Air Europe (ARE), Air India Express (AIN), EgyptAir (EGP), (GECAS) (GEF), Hapagfly (HAP), Japan Airlines (JAL)/(JAS), Pegasus Airlines (PGS), Sky Airlines (SYC) and (THY). (EASA) certification is expected soon, (TBC) said.
2 737-8F2's (34415, TC-JGR; 34416, TC-JGS), A321-231 (2823, TC-JRA), & A330-203 (774, TC-JNE), deliveries.
August 2006: Turkish Airlines (THY) (CEO) Candan Karlitekin and General Manager Temel Kotil said that (THY) has chosen to join the Star (SAL) Alliance and will begin negotiations with the group within days. (THY) also was considering the SkyTeam (STM) Alliance. The officials cited the scope of (SAL)'s global network and its "efficiency" in certain markets for the decision, according to press reports.
Kenya Airways (KEN) and (THY) signed a code share agreement that will see (THY) place its code on (KEN)'s 2x-weekly Nairobi - Istanbul service.
(THY) put its 100th airplane, a 737-800 into service Friday.
3 737-8F2s (34417, TC-JGT; 34418, TC-JGU; 34419, TC-JGV), A320-232 (2928, TC-JPC), & A321-231 (2868, TC-IRB), deliveries.
October 2006: In 1st 9 months, Turkish Airlines (THY) had 18.41 billion (RPK)s (+17.7%); 304.5 million (FTK)s (+ 6%); and 12.48 million passengers (+19.5%).
November 2006: Turkish Airlines (THY) President & (CEO) Temel Kotil said that (THY) is moving forward with preparations to join the Star Alliance (SAL) and expects to achieve full membership by the 4th quarter of 2008 at the latest.
Tokil said (SAL) will benefit from access to a Turkish market with 70 million people and Istanbul's proximity to Central Asia, the Middle East, the Far East and Africa. "We want to make Istanbul a strong hub for (SAL)," he said. "From here, we reach 85 capitals in 3 hours flying time."
(THY), 1 of the fastest-growing airlines in Europe, expects to carry 17.5 million passengers in 2006, up +75% from 10 million carried in 2003. It opened 24 new routes last spring alone. But Kotil said the focus is on maintaining "quality" service. "We don't want to be the biggest carrier passengerwise, but we want to have a very good product," he explained.
To that end, next year, (THY) is launching a new catering operation called Turkish Do & Company in conjunction with Austrian caterer Do & Company. It also plans to refurbish airplane cabins, including investing $10 million per airplane to upgrade business class (C) cabins on 7 A340-300s.
(THY) plans to have a fleet of 120 airplanes by 2008, including 50 737-800s, but is in the market for "more long-haul airplanes," Kotil said. The 787 and A350 XWB will be considered, he added, noting that (THY) ideally would like its fleet to consist of an even split between Boeing (TBC) and Airbus (EDS) airplanes. It projects that its full-year 2006 revenues will total $3 billion, widened from $2.4 billion in 2005.
Turkish Technic, a wholly owned subsidiary of Turkish Airlines (THY) founded last May as a profit center, is moving ahead with a new heavy maintenance facility, dubbed (HABOM) at Sabiha Gokcen International Airport in Istanbul.
"We will have 200,000 sq m of space there. At 1st, the investment is about $70 million. We have already announced a tender for this project," Turkish Technic General Manager Ismail Demir said. He expects to start construction by May 2007 on 2 narrow body and 2 wide body hangars. "We want to create an aviation center of excellence," he said, adding that the new facility could be ready by 2008.
"We are maybe not as cheap as China, but we are better than Maintenance Repair & Overhaul (MRO) companies in places like the Philippines. And we can compete with Western (MRO)s because we offer the same quality with lower costs," Demir said. For example, labor costs per man-hour in Turkey will average around $40.
"We aim to grow our business by serving as many customers as possible, like from central Asia or Russia. Our target is to have 50% of our business from other carriers and 50% from (THY). Maybe by 2010, we will be ready for that," he added. At the moment, up to 90% of the (MRO) work performed by Turkish Technik is on (THY) airplanes.
Demir said the subsidiary also will perform passenger-to-freighter conversions; "We are already in talks with Airbus (EDS) to convert A320s." Turkish Technic employs 3,300 and expects turnover this year of around $300 million, which is expected to increase to $500 million by 2010.
2 A320-232s (2934, TC-JPD; 2941, TC-JPE), deliveries.
December 2006: Pratt & Whitney (PRW) and Turkish Airlines (THY) Technic signed a Memo of Understanding (MOU) yesterday to build a "major" airplane engine overhaul facility at Istanbul Sabiha Gokcen, site of Technic's HABOM Maintenance Repair & Overhaul (MRO) initiative. The joint venture will work on (CFM56)s and (V2500)s and expects to handle up to 200 engines annually.
Star Alliance (SAL) (CEO) Jaan Albrecht called (THY) a "rising star," but a more appropriate metaphor might be a bridge, one that connects Europe to the Middle East and Asia, and offers access to a vibrant tourist destination and a growing economy in which a scant 5% of 70 million people fly commercially.
Throw in (THY)'s ambition to become a major network carrier with global reach, and the result was Saturday's lavish ceremony just off Taksim Square in Istanbul, in which (THY) officially committed to becoming (SAL)'s 21st member. Air China (BEJ) and Shanghai Airlines (SHA) will join ahead of (THY), which announced its intention to link up with (SAL) in August. (SAL) said (THY) should attain full membership in 16 months.
Albrecht said (SAL) identified Turkey as a "white spot on the globe: a place in which the grouping was under-represented. He mentioned India and Russia as others, and said the addition of a carrier from 1 of those countries should be announced in 2007.
He also cited (THY)'s growth. (THY) expects to earn a 2nd consecutive annual profit in the neighborhood of +$100 million, according to Senior VP Sales & Marketing Faruk Cizmecioglu. Its fleet now numbers 101 airplanes. (THY) flies to 131 cities in 68 countries and is targeting $3 billion in turnover this year, compared to $2.3 billion in 2005. Full-year passenger numbers are expected to rise +22% year-over-year to 17.2 million following a +18% increase in 2005. Its global market share nearly doubled this year from 0.59% to 1.1%.
"For us, it was easy," Lufthansa (DLH) (CEO) Wolfgang Mayrhuber said of the (SAL) alliance's acceptance of (THY).
But with growth comes challenges, and VP Commercial Orhan Sivrikaya outlined several at (THY)'s Ataturk International Airport headquarters. A principal hurdle is the glut of small, low-cost carriers (LCC)s now operating in Turkey. Sivrikaya said (THY) remains committed to its full-service model, but is planning a response "in the near future" by either launching its own low-cost operation at nearby Sabiha Gokcen International Airport or expanding its involvement in SunExpress (SNS), the Antalya-based carrier in which (THY) holds 50%. A capacity-constrained hub at (IST), cost-cutting, a desire to increase its cargo business (it wet-leases one freighter and will convert an A310 next year), and the need to develop and mature its 24 recently launched routes, also are on the agenda.
Those issues could wait, however, as (THY) celebrated last weekend. Amid the consternation over Turkey's deteriorating negotiations with the (EU), Sivrikaya said he was proud that (THY) could lead the way "in showing our cooperation with the world," while Chairman Candan Karlitekin said his growing (THY) is "successfully earning a position to compete with the world's giants."
(SAL) "Corporate Plus" will bring in €2.2 billion/$2.9 billion in sales in 2006, alliance officials said in Istanbul. The program, which targets corporate travel buyers by offering the entire (SAL) network through an individual carrier's sales team, now boasts >80 clients and is enjoying +20% year-over-year revenue growth. The (SAL) said it soon will announce a deal with Atlanta-based Coca-Cola, which the alliance proudly reminded reporters is in the "heart of SkyTeam (STM) territory."
The (SAL) launched a revamped website featuring a new look, content in 7 languages, and streamlined links to individual airlines' booking pages, flight tracking and notification, and more.
Lufthansa (DLH) and (THY) inked a bilateral cooperation agreement that will include code sharing and similar flight schedules. The accord was signed in Istanbul by (DLH) Chairman & (CEO) Wolfgang Mayrhuber and (THY) Chairman Candan Karlitekin. (THY) officially became the newest member of (SAL) over the weekend. Beginning March 25, (DLH) and (THY) will operate selected flights between the 2 countries on a code share basis and "harmonize" schedules. "For passengers, this will mean more frequencies, a wider choice of destinations and better connections at (DLH )'s Frankfurt and Munich hubs, as well as at Istanbul." Participants in each airline's frequent-flier program will be able to collect miles on either's network and to redeem them with the partner carrier.
(DLH) signed a Memo of Understanding (MOU) to sell its 50% stake in leisure travel group Thomas Cook (JMA) to KarstadtQuelle for €800 million/$1.05 billion, but will raise its stake in Condor Flugdienst (CDF) from the present 10% to 24.9%, and receive the shares held by (CDF) in Turkish holiday airline SunExpress (SNS).
The accord still requires the approval of both the (DLH) and KarstadtQuelle boards and relevant regulatory authorities, Lufthansa (DLH) said, adding that the transactions are scheduled to be finalized in the 2007 1st quarter. (DLH) and KarstadtQuelle each currently hold a 50% stake in (JMA), and (CDF) is presently 90% owned by (JMA).
"This decision is in continuation of our strategy of focusing on core business, consistently trimming the portfolio to concentrate on our core competencies and creating added value for our company," (DLH) Chairman & (CEO) Wolfgang Mayrhuber said. "The new structure furnishes (JMA) and KarstadtQuelle with optimum opportunities to develop in the tour operator business. We intend to invest only in our core business."
To that end, (DLH) believes it can contribute to the growth of (SNS), which "has established a leading position as a holiday carrier operating flights to Turkey," Mayrhuber said, adding that (DLH) will work with future (SAL) partner (THY), a stakeholder in (SNS), to expand that position.
A320-232 (2984, TC-JPF), delivery.
January 2007: Aviation Partners Boeing (APB) said Turkish Airlines (THY) placed an order for 24 737-800 Blended Winglet shipsets. (THY) installed 3 sets on 737-800s in 2002. (THY) Technic will install the winglets at its Istanbul Sabiha Gokcen facility. (APB) said 57% of all the 737-800s currently in service are equipped with winglets.
A320-232 (3010, TC-JPG "Osmaniye"), & A321-231 (2999, TC-JRC "Sakarya"), deliveries.
February 2007: A321-231 (3015, TC-JRD), delivery.
April 2007: Turkish Airlines (THY) released select English-language financial results for 2006, reporting a $132 million net profit, that represented a +31.4% increase over the prior year's net earnings of +TRY138.2 million/+$100.5 million. The comparison is based on capital market bond standards and does not account for currency fluctuations. It is higher than airline officials predicted in December, when (THY) announced its intention to join the Star (SAL) Alliance.
Operating profit fell -8.6% to +$64 million, owing to higher fuel costs, (THY) said. Revenue was up +22% to $2.83 billion. Passenger numbers rose +19.4% to 17 million. Traffic was up +19% to 25.38 billion (RPK)s, while capacity climbed +23.9% to 36.93 billion (ASK)s. (THY)'s fleet now numbers 103 airplanes; it will take delivery of 9 this year, and an additional 19 in 2008.
Jeppesen will provide its Carmen Crew Pairing and Carmen Crew Rostering tools to (THY) under a long-term agreement.
May 2007: Turkish Technic adopted Boeing (TBC)'s Web-based, "Maintenance Performance Toolbox" for use on Turkish Airlines (THY)'s fleet of 14 737 Classics and 41 737NGs.
Lufthansa (DLH) and (THY) expanded their code share arrangement covering each airline's Munich (MUC) to Istanbul and (MUC) to Ankara services and (DLH)'s (MUC) to Izmir flights. (THY) will operate out of (MUC)'s Terminal 2 in a joint venture with (DLH). Effective with the winter schedule, (THY) will place its code on >12 (DLH) services to the USA and (DLH) will do likewise on (THY) flights to the Middle East, (CIS) countries and within Turkey.
A321-231 (3126, TC-JRE "Trabzon"), delivery.
June 2007: Turkish Airlines (THY) (CEO) Temel Kotil said (THY) is investing heavily in growth, as it prepares to join the Star Alliance (SAL) next year. "We are adding about 20 new airplanes this year, and will reach a fleet size of 100 by the end of 2007." New airplane and on board product upgrades are part of (THY)'s effort to upgrade its image. It also will increase its advertising spend considerably. Kotil said it has budgeted $50 million for advertising this year, and $70 million in 2008. It reported revenue of $2.83 billion in 2006.
Kotil said that investment already is paying off. "For example, we are seeing +30% passenger growth on our routes to the Far East, and are enjoying 80% LF load factor," he revealed, adding that transfer business is booming at the Istanbul Ataturk hub. Transfer traffic accounts for 15% of (THY)'s business, and the number of transfer passengers has grown +20%, he said. (THY) is targeting 20 million passengers this year, up from 17 million in 2006. (RPK)s passenger traffic are expected to increase +18% against a +15% rise in capacity. "In 2009, we will become the 4th-biggest airline in Europe in terms of passengers," he declared.
July 2007: Istanbul's Sabiha Gokcen International Airport will be expanded and operated by a consortium comprised of Bangalore-based (GMR) Infrastructure (40%), Turkey's Limak (40%) and Malaysia Airports Holdings (20%), which was awarded a 20-year contract that includes building a new international terminal capable of handling 10 million passengers annually and managing the existing international and domestic terminals. The current international terminal, which has an annual capacity of 3.5 million, will become a domestic-only facility upon completion of the new terminal, which is expected to be constructed over a 30-month period.
A320-232 (3185, TC-JPH), and A321-231 (3207, TC-JRF), deliveries.
August 2007: Turkish Airlines (THY) reached a pay agreement with the Hava-Is union, which represents thousands of aviation workers and had voted to strike following an earlier collapse in negotiations, the government told reporters in Ankara.
(THY) will launch 3x-weekly services from Istanbul Ataturk to Johannesburg and Cape Town on September 17 aboard A340-300s.
A320-232 (3208, TC-JPI), delivery.
September 2007: A320-232 (3239, TC-JPJ), delivery.
October 2007: Turkish Technic, a wholly owned subsidiary of Turkish Airlines (THY), established in May 2006, is preparing to launch an aggressive marketing campaign in mid-2008 to promote its new 200,000-sq m Maintenance, Repair & Overhaul (MRO) center at Istanbul Sabiha Gokcen (SAW). The facility, scheduled to begin operating in 2009, will accommodate 6 wide body and 9 narrow body airplanes and required an investment of around $200 million, General Manager Ismail Demir said. In addition, a new joint venture (JV) between TK Technik and Pratt & Whitney (P&W) will establish a (CFM56)/(IAE V2500) engine overhaul center at (SAW), scheduled to go on line in mid-2009. "Currently, TK Technic performs up to 100 engine overhauls annually. This should increase in a 1st step to 200 engines and then to 400 every year," Demir said of the new (JV). (THY) work currently constitutes around 90% of TK Technic's maintenance total, and Demir's target is to increase the company's 3rd-party share to 50% in 5 years. 1 way to do so, would be to launch passenger-to-freighter conversion capability, which he said could happen by 2010 for narrow bodies. He estimated that the global conversion business will reach a peak around 2016, and maintain a high level for 5 years. "All parts of our business are doing well, but at the moment TK Technik cannot compete with other (MRO) facilities. We don't have the luxury of taking [the expansion process] easy," he said. The company is exploring alliances with (MRO) operators in Central Asia and the Middle East. It reported a +$18 million profit on $300 million in revenue last year, and is projecting 2007 turnover of $355 million.
(THY) (CEO) Temel Kotil said that (THY)'s heavy investment in new routes and airplanes finally is paying off with figures he called "nice and amazing." Revenue for the 1st semester rose +29% year-over-year to TRY2.2 billion/$1.81 billion, boosting (THY)'s net profit to +TRY125.4 million and its net margin to 9%, Kotil said. Load factor for the 1st 9 months climbed +4 points to 73% LF. "Last year was really a killer for us," he said, referring to the massive +25.3% capacity increase, the +19.4% lift in flights and +24 new destinations. But (THY) now is in harvest. The new markets are performing well and it is targeting 20 million passengers this year, up from 17 million in 2006. Investments in its product are paying dividends, as yields have risen +10% thanks to an increase in premium passengers. "We are increasing market share, and not only in Europe. We are very strong financially, and that's why we can do what we want," Kotil said. "Nothing is too big, even the A380." (THY) is studying both Boeing (TBC) and Airbus (EDS) airplanes for its future wide body fleet, but he declined to give details concerning the timing of an order announcement.
(THY) already is planning to add a 6th and 7th A330 to go along with its 7 A340s, and is in the market for 3 to 4 more long-haul airplanes to cover short-term needs. Another 8 737-800s are scheduled to arrive next year, bringing the narrow body fleet to approximately 100 airplanes split between (TBC) and Airbus (EDS) offerings. The total fleet numbered 103 last year compared to 65, 4 years prior. Kotil said (THY) is targeting next spring for its Star Alliance (SAL) membership. "(THY) will become 1 of the biggest airlines in Europe very soon," he said. "Our growth will continue in 2008 and 2009."
A320-232 (3257, TC-JPK), delivery.
November 2007: Goodrich (BFG) and Turkish Technic (THY) signed a Memo of Understanding (MOU) to establish a joint venture (JV) in Istanbul, to perform maintenance and repair work on nacelles. The (JV), to be known as "Goodrich HABOM," will provide Maintenance Repair & Overhaul (MRO) services and rotable support for nacelles on Turkish Airlines (THY) airplanes. It anticipates opening a certified repair station at Sabiha Gokcen International in 2009. "In addition to servicing the (THY) fleet, the planned 43,000 sq ft facility would also focus on (MRO) support for other carriers in Turkey and the neighboring region," Goodrich (BFG) said.
Turkish Technic (THY) inked a "C" check, maintenance services agreement with Inter Express Airlines (IAW) covering (IAW)'s 3 A321s. The checks will be carried out in Istanbul. Both parties said increased cooperation and future agreements are likely.
A320-232 (3303, TC-JPL), delivery.
December 2007: Claiming it is on the verge of a "quantum leap" forward, Turkish Airlines (THY) reported a 3rd-quarter profit of +TRY104.9 million/+$88.3 million, up +16.2% from the +TRY90.3 million posted in the year-ago period. The profit will leave (THY) well-positioned as it plans to boost its fleet by +20%, taking delivery of 7 A320-200s, 5 A321-200s, and 8 737-800s through 2008. 3rd-quarter sales rose +7.9% to TRY1.37 billion and "other revenues" grew +28.4% year-over-year to TRY74.1 million. (THY) reported a -1.9% decrease in "cost of sales" to TRY940.6 million and a mere +0.4% lift in operating expenses to TRY207.2 million. Operating profit soared +84.1% to +TRY292.8 million from +TRY159.1 million in the 3rd quarter of 2006. (THY) claimed that its 12% operating margin and 5% net margin "show that our company is among the best in the world."
(THY) said it transported 16.6 million passengers through the 1st 10 months of this year, up +16.6% on the year-ago period, and expects to serve 20 million by year end. Cargo volume rose +14% during the same time frame, and (THY) expected its 2nd and 3rd A310 freighter conversions to be delivered by the end of next year. It planned to become a full member of Star Alliance (SAL) by the end of March.
A320-232 (3341, TC-JPM), delivery. A321-231 (3126, TC-JRE), wet-leased to Saudi Arabian Airlines (SVA).
January 2008: 2007 statistics: 29 billion (RPK)s passenger traffic +18.8%; +11.9% capacity (ASK)s; +4.3 load factor for 73.6% LF.
SEE ATTACHED COMPARISON CHART TO SELECTED OPERATORS - "THY-2007-STATS."
Turkish Airlines THY) is targeting a net profit margin of +10% for 2007, and +20% passenger growth in 2008, (CEO) Temel Kotil told "Reuters." (THY) expects 24 million passengers this year.
Lufthansa (DLH) Systems reached agreement with (THY) to implement its code share management solution SchedConnect featuring agreements in real time, flight synchronization technology and network expansion. Product launch is expected this quarter.
Pratt & Whitney (PRW) and (THY) Technic signed a joint venture (JV) agreement to build a major engine overhaul center at Istanbul Sabiha Gokcen. The facility will be (PRW)'s 8th commercial engine overhaul center. Pratt & Whitney (PRW) Turkish Technic Aircraft Engine Maintenance Center will overhaul (V2500) and (CFM56) engines. Construction will begin shortly and the facility will induct its 1st engine in 2009. Once fully operational, it is expected to overhaul up to 200 engines per year. "This initiative is in line with our strategy of becoming a preferred, well-known, customer-focused maintenance organization with exceptional quality and service within its region," (THY) Technic General Manager Ismail Demir said.
(THY) plans to establish a domestic Low Cost Carrier (LCC) by mid-year in response to increased competition from carriers like AtlasJet (ABE) and Pegasus Airlines (PGS), according to Turkish press reports. The (LCC) likely will operate out of Ankara with 737-400s, which will leave the mainline fleet in favor of 737-800s and A320s.
(THY) said it will lease 2 A340-300s from (ILFC) (ILF) for 6 years each, beginning in February and April. It currently operates 7.
A321-231 (3350, TC-JRH), delivery.
February 2008: Eurofly (THY) will launch 2x-weekly, Bologna - Moscow Domodedovo on March 18 with an A320.
A321-231 (3405, TC-JRI), delivery.
March 2008: Turkish Airlines (THY) and Air New Zealand (ANZ) linked loyalty programs ahead of (THY)'s induction into Star Alliance (SAL).
(GE) Aviation (GEC) began a scrap reclamation program with (THY) as launch partner to recycle hardware containing rhenium. The program calls for customers to return scrap (HPT) blades made from nickel superalloys containing rhenium to (GE). "The program will help them with their environmental efforts as well as help reduce the costs associated with material disposal. For (GE), it will help us reduce our need for rhenium, which is a rare and costly element," VP Supply Chain Scott Ernest said. The material is to be cleaned and melted for reuse. Work will be carried out by (THY) subsidiary Turkish Technic.
(THY) (CEO) Temel Kotil said that (THY)'s new "full-service" low-cost carrier (LCC) will be named "Anatolia Jet (ANJ)" and will start operations on April 23 with 5 737-400s from its Ankara base. "As a 1st step, we will use "(ANJ)" on domestic routes. Then we will grow internationally," Kotil said. The (THY) mainline currently operates to 29 destinations from Ankara in addition to Istanbul. That network "could" be taken over by (ANJ) in the future, he said. Service aboard the new carrier will include complimentary food and beverages, but fares will remain lower. "With (ANJ), we will work on more efficiency, but without touching the quality. Of course, this is very demanding for us," Kotil said. That efficiency will depend on faster turnarounds (30 minutes) and a lower cost structure. If the Ankara operation proves successful, the low-cost model might be extended to other (THY) mainline routes, the (CEO) revealed. Half of (THY)'s passengers fly domestically, with 1-3rd of those from the capital. Kotil expects 4 million to fly on (ANJ) in the 1st year of operation.
Elsewhere, (THY) is focused on its new ascension into the Star Alliance (SAL). It has been working on fulfilling admission requirements since it was invited formally in December 2006. The biggest challenges have been on the information technology (IT) side, Kotil said, adding that code share agreements have been worked out and Istanbul's strategic location should be enticing to other (SAL) carriers.
(THY) will operate 124 airplanes by year end and expects to transport 23.5 million passengers this year, up +17.5% from 2007. "1 of the great challenges for (THY) will be to maintain our quality [despite significant growth]," Kotil said. "We have to be careful. But so far, we have fast but healthy growth and are always continuing the focus on becoming a 5-star airline."
Beijing Capital International Airport's new $3 billion-plus Terminal 3 opened as Shandong Airlines (SHG) (flight SC1151 arrived from Jinan at 8:39 am. UK architect, Norman Foster claimed it is the largest covered structure ever built (3.25 km long and 1.3 million sq m of floor space). Construction began in March 2004. The airport said the 3-concourse facility welcomed Shandong (SHG), Sichuan Airlines (SIC), Qantas (QAN), Qatar Airways (QTA), British Airways (BAB), and El Al (ELA). A 2nd move is scheduled for March 26 when Air China (BEJ), Shanghai Airlines (SHA), (SAS), Austrian Airlines (AUL), Lufthansa (DLH), Asiana Airlines (AAR), Air Canada (ACN), United Airlines (UAL), (ANA), Thai Airways (TII), Singapore Airlines (SIA), Finnair (FIN), Cathay Pacific Airways (CAT), Japan Airlines (JAL), Dragonair (DRG), (THY), Emirates (EAD), Air Macau (MCU), (S7) Airlines (SBR), and EgyptAir (EGP) will transfer to the new building. "Reuters" reported that airport capacity will be boosted to 76 million per year from the 52 million it served in 2007. The baggage system can handle 19,800 pieces per hour, it said.
Later, (SAL) carriers (ACN), (BEJ), (ANA), Asiana Airlines (AAR), (AUL), (LOT) Polish Airlines, (DLH), (SAS), (SHA), (SIA), (TII), (THY), and (UAL) each completed the transfer of their operations to Beijing International's Terminal 3. The move was part of the collocation plan developed as a result of (BEJ) and (SHA) joining (SAL) last year. A similar collocation will be completed at Shanghai Pudong on April 29.
(THY) took delivery of its 2nd converted A310-300F from the (EADS) (EDS) (EFW) facility in Dresden. A 3rd A310-300 will be converted beginning in July.
A321-231 (3429, TC-JRJ "Corum"), delivery.
April 2008: Turkish Airlines (THY) celebrated its entry into the Star Alliance (SAL), as well as a +80% increase in full-year profit to +$224 million, saying the figure would have been higher if not for foreign exchange-related losses. (THY) reported a +$132 million net profit in 2006, which would indicate a +69.7% increase last year, rather than the figure reported last week. It said operating revenue rose +30% year-over-year to $3.67 billion and that its +$420 million operating profit was a (THY) record. Last spring (THY) reported a +$64 million 2006 operating profit.
Passenger numbers rose +16% to 19.6 million in 2007, with international traffic contributing 76% of (THY)'s revenue. Load factor improved +4 points to 72.7% LF, as (RPK)s jumped +19% and capacity (ASK)s climbed +13%.
(THY) became the 20th member of (SAL) in ceremonies in Istanbul, culminating a 16-month process that began in December 2006, when (THY) signed a protocol agreement to join the grouping. "With (THY), we have gained a new member carrier with a strong home market which is also 1 of the fastest growing economies in the world," (SAL) (CEO) Jaan Albrecht said. (THY) brings 31 unique destinations to the alliance, mainly in Turkey, Central Asia, and the Middle East, he said. Including (THY), (SAL) members operate 18,000 daily flights serving 965 airports in 162 countries. "Joining (SAL) is an important step for (THY)'s future," (THY) President & (CEO) Temel Kotil said. Membership will enable (THY), which turns 75 this year, to become a much more active player in the global airline industry. Earlier, he said that (THY) intends to focus primarily on international connecting traffic, building Istanbul as a hub for east - west, as well as north - south traffic. "We believe long-haul should be connected to short-haul," Kotil explained, citing traffic flows from China to Africa and down to the Middle East. (THY) serves 3 cities in China, 16 in the Middle East, and 10 in Africa. It carried 19.7 million passengers last year, up +23.5% over 2006, with a load factor of 73% LF, and expects to carry 23.5 million in 2008. "The demand is there. All we need is the supply," he said, adding that (THY) needs to operate larger airplanes and is considering both the 777 and the A380.
Although it will not ignore the fast-growing domestic market where, he noted, "our share is going down," Kotil said (THY) does not have big ambitions and will concentrate on capturing flow traffic into its international network. Earlier, he revealed further plans for a low-fare airline unit, Anatolia Jet (ANJ), that will operate domestically, at least initially.
Turkish Technic (THY) reached agreement with Hamburg International (HAU) for re-delivery maintenance on 3 737-700s.
May 2008: Turkish Airlines (THY) plans to announce a major fleet renewal program later this year and is considering the A340-600, 777, A350 XWB and 787 for its wide body orders, as (THY) celebrated its 75th birthday. "It is not a good time to talk about numbers [of airplanes], but there are so many destinations in around 5 hours flying time from Istanbul we want to serve. We also need more narrow bodies," Kotil said. Larger airplanes are not under close consideration at the moment. He called the 747-8 too "classic" and said the A380 "is not on the table."
This year, (THY) will add 2 A340-300s, 14 A320 family airplanes and 5 737-800s. Kotil said it is looking to lease more wide bodies and is "scouring the worldwide lessor market." It will add 2 A330s next year, and considers a wide body fleet of 25 ideal. It currently operates 7 A340-300s, 5 A330-200s and 3 A310-300s.
He expects a profitable 2008, despite rising fuel costs, as revenue is forecast to climb around +23% to approximately $4.5 billion. "We continue to increase quality while reducing our costs," he said. (THY) established its foundation over the past 5 years with new airplanes, an expanded network, and membership in Star Alliance (SAL). "Now we can grow further," he claimed.
Fuel costs are expected to increase to 30% of total expenses from 28% in 2007. Employee costs account for an additional 24%. (THY) has launched a Dynamic Dispatch program designed to reduce fuel burn by -10% through route optimization, use of (APU)s and other initiatives.
Kotil forecasted around +19% year-over-year passenger growth in 2008 to 23.5 million and a +22% increase in (RPK)s passenger traffic. Load factor was expected to rise 2.3 points to 75%. "25% of our total business is new. That means it will come from new markets," he said, adding that more routes to Africa and Central Asia will be opened.
The Turkish government is planning to build a 3rd airport in Istanbul, which already is the home of Ataturk International (IST) and Sabiha Gokcen (SAW). Plans soon will be announced for the facility, which will be located on the European side of the Bosporus, like (IST).
737-8F2 (35738, TC-JGY), and A321-231 (3525, TC-JRK), deliveries.
July 2008: All Nippon Airways (ANA) and Turkish Airlines (THY) launched a code share and reciprocal loyalty program agreement under which (ANA) will place its code on (THY)'s 4x-weekly, Istanbul Ataturk (IST) to Tokyo Narita, and 2x-weekly, (IST) to Osaka Kansai services.
Pratt & Whitney (PRW) and (THY) Technic broke ground on their new (CFM56) and (IAE) (V2500) engine overhaul facility at Istanbul Sabiha Gokcen. Jim Keenan Senior VP & General Manager of (PRW)'s Global Service Partners, said at the Farnborough Air Show that 1st engine induction is expected by mid-2009. Once it is fully operational, the 25,000 sq m facility will be capable of overhauling up to 200 engines annually. Pratt is a 51% partner in the Pratt & Whitney (PRW) Turkish Technic Aircraft Engine Maintenance Center. (THY) Technic is now a separate subsidiary of parent (THY). General Manager Ismail Demir said around 20% to 25% of the company's airframe Maintenance Repair & Overhaul (MRO) and 15% to 20% of component repair is from 3rd parties.
Aviapartner Cargo signed a contract with (THY) to provide cargo handling services covering 14 airports, including on line and off line stations across France, as well as trucking distribution. Effective July 21, the contract includes warehousing, (ULD) buildup and breakdown, inventory management, documentation, customs clearance, tracing, and dangerous goods control.
August 2008: Turkish Airlines (THY) (CEO) Temel Kotil told Turkish TV network "CNBC-e" that (THY) is "interested in principle in the stake sale of Austrian Airlines (AUL)," but that it has "not taken a decision on this," "Reuters" reported. He also said it is interested in the 49% stake currently being offered in Bosnia's (BH) Airlines (BOS).
(THY) took delivery of 2 737-800s, part of a 2004 order, lifting its fleet to 110 airplanes. (THY) now operates 55 737s.
September 2008: Turkish Airlines (THY), though active in Europe, surrounded by fast-growing regions as well; had the best 2nd financial quarter (Q2) operating margin (14%) of any airline world wide. 2nd quarter net profit = +$108 million.
(THY) appears to be developing the financial muscle required to be a leader in European consolidation, as it reported a 1st half profit of +$208 million, a figure it said represented a +219% increase from the year-ago semester.
(THY) has expressed interest in acquiring stakes in both Austrian Airlines (AUL) Group and (BH) Airlines (BOS) and also has flagged an upcoming fleet renewal announcement.
(THY) enters the 2nd half of 2008 with momentum generated by a +37% year-over-year increase in 1st-half operating revenue to $2.13 billion, and a +25% rise in operating profit to $267 million. This was achieved despite a +61% surge in fuel costs. Passenger numbers were up +15% to 10.3 million. Traffic measured in (RPK)s grew +14% against a +10% hike in capacity, lifting load factor +3 points to 72.9% LF.
"Although fuel price increase has negative effect in the industry, our 1st half 2008 results have encouraged us to look positive for the rest of the year," (THY) concluded.
(THY) (CEO) Temel Kotil said that the growing carrier is "ready for tough competition" and that its phase of organic growth is over, saying, "We need to acquire other carriers." Falling demand and high fuel prices have helped contribute to a more competitive landscape, but Kotil said (THY) has "learned to cut every cost," while improving quality. "Now we have our footprint on the market. Europe is the biggest for us. We want to do more, because our product is very well known there," he said. To spark that growth, (THY) has made an effort to play a role in European consolidation along with traditional heavyweights like Lufthansa (DLH) and Air France (AFA)/(KLM). It has expressed an interest in acquiring stakes in both Austrian Airlines Group (AAG) and (BH) Airlines (BOS). Kotil's interest in (AAG) is strong. "We don't want to come in as an investor. We want to be a strategic partner," he said, adding that he believes carriers the size of (AUL) will be affected significantly by the current industry downturn. He said (THY) will put management and programs in place that can spur "healthy" growth at (AUL) and is "very keen on cost-cutting." He revealed that it has other airlines on its radar, if it is not selected to purchase the Austrian government's stake.
Regarding the long-rumored fleet renewal, Kotil promised that (THY) is "working on a big order and we will make an announcement when the time is right" but would not elaborate, although he said there is a need for more long-haul airplanes as passenger demand increases approximately +25% per year. "We will add several airplanes to our fleet [in the meantime], like 2 A340s from (ILFC) (ILF) or 2 A330s from (GECAS) (GEF) and so on," he said.
"Our total passenger growth has been +15%. If there a downturn in the industry of 5%, we still have double-digit growth. The aviation crisis is no problem for (THY)," Kotil said.
(THY) will re-launch 3x-weekly, Istanbul - Baghdad flights from October 26, restarting service that was suspended during the 1991 Gulf War. Several charter and cargo operators are operating flights to the Iraqi capital, and Royal Jordanian (RJA) operates flights from Amman. Stops flights Istanbul to Strasbourg.
(THY) won the tender to acquire a 49% stake in (BH) Airlines (BOS), a Bosnian government official told "Reuters" in Sarajevo. "After the evaluation of all bids, we found the offer of (THY) by far the best," the unnamed official told the news service. Comintel Corporation of Malyasia and a Jordanian consortium, including Royal Jordanian (RJA) were among (THY)'s competitors.
737-8F2 (35742, TC-JHC), delivery.
October 2008: Turkish Airlines (THY) released a statement saying it had not received "any notice" regarding its bid for (BH) Airlines (BOS). A Bosnian government official told media, that (THY) had won the tender. "If such a notice is received, we will inform the public accordingly," (THY) said.
INCDT: A (THY) A320 on the way from Antalya to St Petersburg, landed safely after a passenger who handed a note to a flight attendant (CA) claiming he had a bomb, was subdued by fellow passengers. The passenger, an Uzbek or Russian national, according to varying press reports, demanded access to the cockpit but was "pacified," said Turkish Transport Minister Binali Yildirim.
(THY) moved forward with its fleet renewal, announcing its intention to place an order for 25 wide body and 50 single-aisle airplanes plus 10 wide body and 10 narrow body options. Requests for proposals (RFP)s will be solicited from both Boeing (TBC) and Airbus (EDS). (THY) said it is considering the A350 XWB, A330, 777 and 787 for the twin-aisle order, and the entire A320 and 737NG families (except the 737-600) for its narrow body purchase. (THY) expects to begin taking delivery of the new airplanes in the 2nd half of 2010, a schedule it said "will be the critical decision factor beside the price" when it places the order. (THY) did not say when it would announce its decision, nor did it give a deadline for the Request for Proposal (RFP). "The need for the interim airplanes will be clarified after the conclusion of the tender and the finalization of the delivery dates," it said, leaving open the possibility of "leasing under the best market condition[s]."
(THY) said it "will be ready to provide service when the global economy recovers with [a] more stable foundation while Turkey stands in the forefront by tak[ing] its market share to new [heights]." (THY) currently operates a fleet of 115 airplanes.
1st A320-232 (3259, TC-TCD) airplane of new Turkish charter start-up carrier, Turkuaz Airlines (TKZ) goes to Turkish Technic (THY) for maintenance and refurbishment. Has new livery painted.
November 2008: Turkish Airlines (THY) announced that flights from Istanbul Ataturk to Nairobi and Lvov will launch next year.
(THY) announced that the Bosnian government has formed a commission to negotiate (THY)'s purchase of (BH) Airlines (BOS).
December 2008: Turkish Airlines (THY) launched 5x-weekly, Istanbul Ataturk to Birmingham service and will begin operating cargo charter flights to Baghdad this month with an A310-300F freighter.
(THY) said it signed an agreement to purchase a 49% stake in Bosnian flag carrier (BH) Airlines (BOS). The Bosnian government will continue to hold 51%. Under a first stage, (THY) will invest €5 million/$7 million on the lease of 2 additional airplanes (1 737 and 1 Airbus (EDS) type) for (BOS), with an additional €5 million injection to follow, "Reuters" reported.
(THY) confirmed the addition of 5 wide bodies in the coming months to support the growth of its long-haul operations. The additions comprise 3 777-300ERs on wet lease from Jet Airways (JPL) and 2 A330-200s that are part of an order placed in 2004. (THY) currently operates 9 A340-500s and 5 A330-200s. The 1st 2 777-300ERs are scheduled to join the fleet on December 24 and 25, while the A330s are scheduled for February and April delivery. With the addition of the 777s, (THY) also will start offering first class (F). The airplanes are configured with 8 first class (F) seats that recline 180 degrees to a 2.1 m bed, 30 seats in business (C), and 274 in economy (Y). The 777-300ERs initially will be used on services to Singapore, Hong Kong, London Heathrow, New York (JFK), and Tokyo Narita.
A320-232 (3718, TC-JPS), delivery. 3 777-35RER's (35160, VT-JED; 35162, VT-JEF; 35164, VT-JEE), Jet Airways (JPL), 6 month wet-leased.
January 2009: Turkish Airlines (THY) Chairman Candan Karlitekin said that despite the weak economic environment, (THY) is projecting growth in 2009 resulting in 26 million passengers plus an additional 5 million from its SunExpress (SNS) subsidiary.
(THY) transported some 23.5 million passengers last year. "There is a shockwave coming from the West. The crisis in aviation has plus and minus sides. We feel we are on the upper side," Karlitekin said. But the airline is not immune to the downturn, which has impacted business class (C) load factors. "Other carriers cover their costs from (C) Class passengers. We make money also in economy class (Y)," he said. In addition, (THY) is well positioned in markets like the (CIS), Africa and the Middle East, which are not as volatile as the USA and Western Europe during recession. "We are against the crowd. When others are reducing their presence, we can increase market share," he said, adding that Turkey is far from a saturated commercial aviation market. "If you don't cover your region well, you waste resources. There is room to grow," he declared.
(THY), which agreed to acquire a 49% stake in (BH) Airlines (BOS) last month, is not currently pursuing an additional investment. "We are not in a hurry, but we are open-minded," Kalitekin said, adding that (BOS) will serve as a sort of test for (THY). "If it is not working for us, it will be no big loss. (BOS) should be a foothold to increase our access to Europe," he explained. Regarding its former interest in investing in Austrian Airlines (AUL), he said that company's debt situation scared it off. "It was too difficult," he admitted." (THY) will continue to launch service to new destinations this year and still is targeting 300 to 330 airplanes in 15 years. It will play a "global role," Karlitekin said, which should be facilitated "because in the next decade, regulations will be reduced, which will make it easier to expand."
(THY) announced the launch of services from Istanbul Ataturk to Nairobi (3x-weekly, from February 23), Sao Paulo Guarulhos via Dakar (2x-weekly, from March 22), Lviv (3x-weekly, from April 20) and Mashad (3x-weekly, from March 15). (THY) announced an international expansion comprising an increase in frequencies from Istanbul Ataturk to New Delhi and Mumbai beginning February 2, to Brussels on March 2 and to Venice, Helsinki, Dublin, Basel, Kuwait City and Addis Ababa in early March. (THY) Chairman Candan Karlitekin said that (THY) also plans to expand its operation at Istanbul Sabiha Gokcen in the near future.
Turkish Technic (THY) signed a contract with Sky Airlines (SYC) to provide maintenance services including "C" and "D" checks on 737-400s.
(THY) has boosted its cargo fleet following the conversion of its 4th A310-300F from passenger to cargo conversion at Dresden, Germany which was completed in November. The additional capacity will enable (THY) to open links to Cairo, Lagos, Liege, Tashkent, and Tehran.
Turkish Technic (THY) reached a Maintenance Repair & Overhaul (MRO) agreement with Onur Air (ONU) to provide "C" checks on A300-600s. The work is slated for completion early next month.
Turkish Technic (THY) signed a contract with Air Via (VIM) of Bulgaria to provide "C" maintenance checks on A320s. It also reached agreements to perform line maintenance and wheel, tire and brake overhaul on 2 Somon Air (SML) 737s at Dushanbe Airport and to offer line maintenance, engineering service and component pool support covering 2 Iraqi Airways (IRQ) 737-700s in Baghdad.
(THY) late last month announced the acquisition of 4 new A321-200s. They will seat 20C in business class and 158Y in economy. 2 joined the fleet last month, 1 is scheduled to arrive this month, and the 4th will be delivered in February.
Rapidly expanding (THY) will make its final decision on an order for 35 wide body airplanes (25 firm plus 10 options) within the next 3 months and is looking seriously at the 777. (THY), which extended its Request For Proposal (RFP) deadline last month, is operating 3 777-300ERs on wet-lease from Jet Airways (JPL).
SEE PHOTO - - "THY-777-JAN09".
"I never trust new machines just from paper. I like to see how it works," (THY) Chairman Candan Karlitekin said. He said (THY) will monitor the 777's performance over the coming months.
(THY) continues to evaluate whether Airbus (EDS) or Boeing (TBC) will supply its future long-haul fleet. "An airplane order should enhance our income and reduce costs as much as possible. My estimate is in 2 to 3 months time we will make a decision," Karlitekin said. The tender originally was scheduled to be completed on December 17. He said the current economic environment may prove an optimum time to place an order. "Maybe you can get a cheaper price these days. But we need to decide on a fleet that will operate for the next 15 years." He said the A380 might be appropriate "1 day, but not today," and in the meantime, (THY) is considering leasing a 4th 777-300ER from (JPL).
(THY) currently has no airplanes on order. This year it plans to add 2 former Qatar Airways (QTA) A330s and 4 new A321s are scheduled for delivery. It will phase out 2 A310s.
2 A321-232s (3637, TC-JMH; 3673, TC-JMI), deliveries.
February 2009: (THY) launched 3x-weekly, Istanbul Ataturk to Nairobi service (it’s the 110th international route in its network). (THY) will start 2x-weekly, Eskisehir to Brussels service on March 2.
(THY) named Finance Director Mustafa Aydin as (BH) Airlines (BOS) (CFO), and Sarajevo Manager Okan Uluocak as (BOS) Executive VP.
ACCDT: (THY) 737-8F2 (1065-29789, /02 TC-JGE "Tekirdag") crashed on landing about 2 miles/3 km short of Amsterdam Schiphol airport in a muddy field and broke up into 3 pieces, resulting in 9 fatalities, with 25 severe injuries (including 6 critical) of 7 (FC)-(CA)/128 passengers. 3 Flight Crew (FC) including a trainee pilot, a cabin attendant (CA), and 5 passengers were killed.
Dutch Safety Board Chairman, Pieter van Vollenhoven told "NOS" television in the Netherlands that the 737-8F2 plummeted to the ground in a way that suggested it "literally [fell] out of the sky" and could have lost engine power, but he cautioned that engine trouble was just 1 of many possible causes and no definitive statements were being made by investigators. He added that the flight data and cockpit voice recorders were being examined and that investigators "hoped to have a firmer grip" on the accident shortly.
Dozens were injured, many critically. (THY) said it would pay €50,000/$63,720 to the families of each of the deceased and €5,000 to €10,000 to those treated in hospitals.
Later, Dutch Safety Board Chairman Pieter van Vollenhoven said the 737 was landing on automatic pilot and the problem with the altimeter led to a loss of speed. He said the 737 had 2x- before reported problems with its altimeter. At a news conference in The Hague, Mr Van Vollenhoven said the 737e had been at an altitude of 595 m/1950 ft when making its landing approach to Schiphol airport. But the altimeter recorded an altitude of around ground level. The plane was on autopilot and its systems believed the plane was already touching down, he said. The automatic throttle controlling the 2 engines was closed and they powered down. This led to the plane losing speed, and stalling.
Mr Van Vollenhoven said Boeing (TBC) had been instructed to warn its clients about possible problems with altimeters on similar airplanes.
Mr Van Vollenhoven said that a conversation recorded between the captain (FC) and 2 first officers (FC) in the cockpit showed they had noticed the faulty altimeter but did not consider it to be a problem, the "Associated Press" reported. "The flight crew (FC) initially did not react to these events, he said, but when a warning system sounded, they tried to restart the engines. "But the plane was too low at 150 m. As a consequence, the 737 crashed 1km before the runway," said Mr Van Vollenhoven.
BBC Transport correspondent Tom Symonds says that while it is not unusual for a plane's approach and descent to be controlled by autopilot, the crew normally take over at a few hundred feet. The plane came down in ploughed fields several hundred yards/metres short of the runway. Witnesses described seeing it appear to glide through the air, having lost all propulsion, before hitting the ground. Passengers on board said the flight crew (FC) gave a landing announcement, then the plane dropped suddenly.
An exchange between air traffic controllers and the flight crew (FC) recorded minutes before the crash gave no indication of any technical trouble. Turkish Airlines (THY) said that the plane had undergone repairs for a systems malfunction 2 days before the crash, briefly being taken out of operation after the pilot (FC) reported a problem with the Master Caution Light program, which checks the airplane was functioning correctly. But (THY) said it should not be seen as a potential cause of the crash.
Later, Dutch Safety Board (DSB) Chairman Pieter van Vollenhoven said a malfunctioning altimeter caused the autopilot system on the (THY) 737-800 to reduce power prematurely, and by the time the pilots (FC) reacted it was "too late to recover the flight." The
(DSB)'s "initial findings" provided a strikingly clear explanation of the crash's likely cause less than a week after the February 25 accident that killed 9 and led (TBC) to issue a statement warning 737NG pilots to "carefully monitor primary flight instruments during critical phases of flight."
Vollenhoven explained that the airplane's "automatic throttle system received incorrect information because of a malfunction in the left radio altimeter." The cockpit voice and flight data recorders showed that at 1,950 ft the "left radio altimeter suddenly indicated a change in altitude, from 1,950 ft to -8 ft, and passed this on to the automatic pilot. It seemed that the automatic system, with its engines at reduced power, assumed it was in the final stages of the flight. As a result, the airplane lost speed. Initially, the crew (FC) did not react to the issues at hand."
The crew (FC), which included a captain, a first officer on a training flight, and a 3rd pilot in the cockpit, "were notified that the left radio altimeter was not working correctly" by a "landing gear must go down" warning signal, Vollenhoven said, adding that "provisional data indicated that this signal was not regarded [by the crew (FC)] to be a problem."
But the autopilot's deceleration "reduced [the 737-800] to minimum flying speed," setting off an alarm. The crew "immediately" attempted to apply full power, he said. "However, this was too late to recover the flight, the airplane was too low and, consequently, the [airplane] crashed 1 km short of the runway."
The (DSB) issued a warning to (TBC) regarding 737-800 altimeters, advising (TBC) to amend its manual to say that autopilot should be switched off, if an altimeter malfunctions during flight. (TBC), which confirmed that 3 passengers who died in the accident were company employees, said it would "look closely" at the recommendation.
Vollenhoven noted that the airplane's tail hit the ground 1st, followed by the undercarriage, and its forward speed "was about 175 km per hr upon impact. An airplane of this weight should normally have a speed of 260 km per hr for landing." The 3 pilots (FC) died in the crash and 28 surviving passengers remain hospitalized.
"The board's investigation will now focus fully on the workings of the radio altimeters and the connection to the automatic throttle," Vollenhoven said. He conceded in a press conference that the (DSB) was issuing highly detailed findings at an early stage in the investigation. "The reason to go public was to warn (TBC) and all users of this plane type that vigilance is required with regards to the altimeter," he said.
Weather conditions at the time of the accident included a "low cloud base and mist [that] probably meant that the [(AMS) runway] was not yet visible at the height at which the descent was commenced," which may have been a contributing factor, he said. Regarding the airplane, there have been no "irregularities" found except for the altimeter malfunction, he said.
SEE ATTACHED - - "THY-ACCDT-2009-02/-A/B/C."
Also, the following similar incident occurred with a Qantas 737-800 in April 2009: INCDT: (QAN) and the Australian Transport Safety Bureau (ATSB) said they would consult with and assist Dutch crash investigators after a (QAN) 737-800 suffered a radio altimeter malfunction similar to the 1 that is suspected of causing the loss of a Turkish Airlines (THY) 737-800 on approach to Amsterdam on February 25. (QAN) Flight 1020, a 737-800 operating from Hobart to Sydney on April 7, experienced the radio altimeter fault on approach. According to a (QAN) spokesperson, the 737-800 was "at approximately 100 ft when the captain (FC)'s radio altimeter indicated that the airplane was at around 10 ft, about where the auto thrust activates full retard on the throttles." As in the (THY) crash, the captain (FC)'s altimeter was indicating a different set of data than the first officer (FC)'s. "Upon noticing the fault, the captain (FC) immediately disconnected from the auto thrust and manually flew the airplane into Sydney," the spokesperson said. "It is (QAN) Flight Operations policy for pilots (FC) to guard the thrust levers and fly with hands on the levers when the airplane is on auto, which ensures that should a fault with the thrust levers occur, the pilots (FC) are immediately able to fly manually." (QAN) self-reported the incident to the (ATSB), which confirmed it would investigate due to the similarity of the fault to the assumed cause of the (THY) crash. The (QAN) spokesman said that "there is no suggestion by the (ATSB) that (QAN) or its pilots (FC) were at fault. This investigation is simply to assist European regulatory authorities."
A preliminary investigation by the Dutch Safety Board revealed that the only fault discovered on the airplane was in the captain (FC)'s radio altimeter, which suddenly changed from 1,950 ft to read -8 ft in altitude although the right-hand altimeter functioned correctly.
For detailed analysis and animation of this accident see:
2 A321-232s (3688, TC-JMJ; 3738, TC-JMK), deliveries.
March 2009: Turkish Airlines (THY) launched 3x-weekly, Istanbul Ataturk to Mashad service.
(THY) informed the Istanbul stock exchange that it will purchase 5 777-300s. On its website, (THY) said the 777s would "be delivered each month starting October 2010 until February 2011." It currently operates 3 leased 777-300s and has been hinting that it is on the verge of making a big long-haul order.
April 2009: Turkish Airlines (THY) said it achieved a net profit of +$874 million in 2008, which would represent a nearly fourfold increase from the +$224 million reported in 2007, on increasing revenue and traffic. (THY) also said it "continues with the tender procedure" on its long-awaited airplane order. It is in talks with both Airbus (EDS) and Boeing (TBC) regarding the purchase of 25 long-haul airplanes plus 10 options and 50 narrow body airplanes plus 20 options. Last month, it placed an order for 5 777-300ERs for delivery from October 2010 to February 2011.
(THY)'s 2008 revenue jumped +26% to $4.72 billion as passenger numbers climbed +15% to 22.6 million. Roughly 78% of its scheduled revenue came from international operations. Operating profit rose +25% to +$488 million.
(THY) plans to increase its share capital to TRY875 million/$557 million from TRY175 million, according to a filing with the Istanbul Stock Exchange cited by "Reuters." It also will pay its 1st dividend (TRY99 million) since its 1990 Initial Public Offering (IPO). (THY) reported a +$874 million profit in 2008, up nearly fourfold from the prior year.
(THY) operated 127 airplanes at year end, up from 102 at the close of 2007. Traffic measured in (RPK)s increased +13% against a +11% climb in capacity, lifting load factor +1.2 points to 73.9% LF.
(THY) said it is "upholding its ambition of reinforcing [its] global player position in the aviation industry with the help of its strong brands and solid financial base, targeting to mark success in the coming years."
Fraport Cargo Services (FCS) resumed handling for (THY) at Frankfurt (FRA) following a 6-month gap. (FCS) Managing Director Winfried Hartmann said the company was "able to restart negotiations under different conditions and could offer [THY] a new service package." (THY) will operate passenger service between (FRA) and 6 Turkish cities during the summer schedule as well as a 4x-weekly, A310F freighter service to Istanbul Ataturk.
May 2009: Turkish Airlines (THY) launched a 3x-weekly, Istanbul Ataturk to Benghazi flight. The Libyan city is its 6th new destination this year. Its summer schedule features a +24% year-over-year rise in capacity (ASK)s and a +12% increase in number of flights.
Thales (THL) will supply 2 RealitySeven full flight simulators (FFS) to (THY) under a recently announced contract. The (FFS) features a common core element that allows various airplane modules to be "swapped out." (THY)'s simulators will be compliant with the A320 and A330/A340.
(THY) firmed its order for 5 777-300ERs announced in March. The airplanes are worth $1.36 billion at list prices, (TBC) announced. (THY) currently operates 3 777-300ERs on lease from Jet Airways (JPL).
June 2009: Airbus (EDS) announced airplane Memos of Understanding (MOU)s with (THY), concluding a reasonably successful Paris Air Show with firm orders for 58 airplanes worth nearly $6.4 billion and (MOU)s for an additional +69 planes worth $6.5 billion. (THY) signed its (MOU) for 5 A330-300s and 2 A330-200s (increased takeoff weight version) for delivery starting in August 2010. Its Airbus (EDS) fleet currently comprises 46 A320 family airplanes, 5 A310s, 7 A330s and 9 A340s. (THY) said its commitment also included 3 options. (THY) firmed up an order for 5 777-300ERs in May and said it remains committed to purchasing 25 wide bodies (plus 10 options) for delivery in 2009 to 2023 in addition to 50 firm and 20 option single-aisle airplanes. (THY) also said that it signed a lease for 1 777-300ER from Delaware Aircraft Lease for 25 months from September.
737-4YO (25184, TC-JDH "Asmara"), wet-leased to (BH) Airlines (BOS).
July 2009: Turkish Airlines (THY) launched 3x-weekly, Istanbul Ataturk to Goteborg service. (THY) added its 6th destination in Ukraine when it launched 3x-weekly, Istanbul Ataturk to Lviv flights July 27. (THY) is adding a stop in Jakarta (JKT) to its 5x-weekly Istanbul (IST) to Singapore (SIN) service from August 30. The route will be flown (IST) to (SIN) to (JKT) to (SIN) to (IST).
Rolls-Royce (RRC) announced a $470 million (Trent 700EP) order from Turkish Airlines (THY). The engines will power A330s scheduled to begin delivering in 2010.
(THY) added +8 more 777-300ERs to its order book. The 7 new 777-300ERs are valued at $1.9 billion at list prices and are in addition to the 5 (THY) ordered in the spring. (THY) also signed a Memo of Understanding (MOU) with Airbus (EDS) at the Paris Air Show for 5 A330-300s and 2 A330-200s.
737-4YO (26088, TC-JEZ) leased to Pamir Airlines (PIR).
August 2009: Turkish Airlines (THY) reported a net profit of +€48 million/+$68.7 million through the 1st 6 months of 2009, down -64% year-over-year, implying a 2nd-quarter loss of approximately -€25.6 million.
(THY) earned +TRY155 million/+$105.4 million/+€73.6 million in the 1st quarter and said the sinking bottom line was the result of "the fall on tangible assets caused by the global recession and its effects on the global aviation sector."
6-month operating profit of +€73 million was down -9% from the year-ago semester and sales revenue was level at €1.4 billion. Passenger numbers increased 9% to 11.2 million and freight was up +7% to 102,000 tons. Traffic measured in (RPK)s climbed +11%, against a +19% increase in (ASK)s that reduced load factor -4.8 points to 68.2% LF. "The downturn in [the] global aviation sector resulted in sharp declines in traffic results and unit revenues," (THY) said. "In such a difficult environment, despite the boost made in capacity, it is pleasing that (THY)'s operating profit surpassed the previous year's figures. Our goal is to maintain the same positive performance in the 2nd half-year as well."
(THY) said it has decided to lease an A321-200. (THY) firmed up its order for 7 289-seat A330-300s. It signed a Memo of Understanding (MOU) at the Paris Air Show. Delivery is scheduled to begin in September 2010. (THY) currently operates 7 A330s.
September 2009: Priestmangoode of London was contracted by Turkish Airlines (THY) to rebrand the carrier. The redesign will include airplane interiors, lounges, check-in counters and consultation on a new livery. Work will begin next year with interior retrofits and installation of the new design in (THY)'s 777s scheduled to begin delivery by the end of 2010.
(THY) launched 5x-weekly, Istanbul Ataturk to Jakarta service. (THY) will launch 4x-weekly, Izmir to Athens service on September 21. (THY) will launch daily flights from Istanbul Sabiha Gokcen to Moscow Domodedovo, London Stansted, Amsterdam, Cologne, Stuttgart, and Adana on November 9. 4x-weekly service to Berlin Schoenefeld and 3x-weekly flights to Hannover will start the same day, in addition to 3rd daily flights to Ankara and Izmir, and a 2nd daily frequency to Antalya.
(THY) began operating 777-300ERs on its daily, Istanbul Ataturk - New York (JFK) service, replacing a mix of A330s/A340s previously used on the route. (THY) said the switch will enable it to carry at least +40 additional passengers per flight and boost cargo capacity up to 18 tons per flight.
October 2009: Turkish Airlines (THY) and Asiana Airlines (AAR) will extend their code share agreement to include (THY)'s network beyond its hub at Istanbul Ataturk and (AAR)'s network beyond Seoul Incheon from October 25. (THY) to start flights to Isparta, a city in western Turkey, not far north of the beach resort of Antalya.
Middle East Airlines (MEA) will start Beirut to Baghdad flights. Iraqi Airways (IRQ) also flies the route nonstop, while Turkish Airlines (THY) competes with connections through Istanbul.
(THY) inked a 6-year leasing agreement with Celestial Aviation Trading 66 for 2 737-700s. (THY) exercised options on 3 A330s for delivery in 2012 and said it has decided to purchase 2 A330-200Fs. (THY) said 1 of the 2 freighters will be delivered in the 2nd half of 2010 and the other in the 1st half of 2011. Rolls-Royce (RRC) said it won an order for (Trent 700)s worth $350 million at list prices from (THY) covering the 5 airplanes. (THY) Chairman Candan Karlitekin said, "The airplanes represent an exciting new phase of development for (THY) and our shareholders."
In August, (THY) firmed up its Paris Air Show Memo of Understanding (MOU) for 7 A330-300s. Those airplanes are scheduled to begin delivering next September.
November 2009: Turkish Airlines (THY) will launch daily, Istanbul Ataturk to Bologna service March 1. (THY) started Moscow Domodedovo (DME) to Istanbul
SEE ATTACHED "AIRLINER WORLD" ARTICLE - - "THY-2010-02 (DME) PARALLEL RUNWAY."
(THY) flies to 119 international destinations, 53 of which are in Europe. Its outstanding 3rd quarter results, sustained double-digit traffic (RPK) and capacity (ASK) growth, impressive low costs, developing domestic economy, large expatriate migrant market, Turkey's historic and resurgent economic ties with the Middle East, its accession to the Star Alliance (SAL), especially its close links with Lufthansa (DLH) and excellent geographical location all contribute to its success. Since 2005, its international passenger revenue, more than half of which comes from its European routes, has grown by >3rd. Transit passengers are up +26% this year and now account for a 5th of all traffic. Of that total 42% are connecting from 1 international flight to another, with the number of passengers doing so up an amazing +44%.
One thing is clear: (THY) has the cost base of a Low Cost Carrier (LCC), the geographical location of an Arabian Gulf carrier and the network benefits of the Star Alliance (SAL). It’s that combination, moreover, that has enabled its stock price to >quadruple this year.
Airbus (EDS) confirmed (THY)'s order for 3 A330-300s and a Memo of Understanding (MOU) for 2 A330-200Fs. It said the 319-seat A330-300s will begin delivering in September 2010, rather than the originally reported 2012. (THY) now has ordered 10 A330-300s.
December 2009: Turkish Airlines (THY) will continue its aggressive expansion next year with a planned (ASK) capacity increase of >20%, (CEO) Temel Kotil said. Most, if not all of the growth will occur on its international network. "Crisis is the perfect opportunity to grow. We are growing through [taking] market share [from competitors]," he said.
(THY)'s recipe for maintaining such high growth rates is simple, according to Kotil: "No arrogance." Arrogance, he asserted, causes an airline to lose focus on its market, product and costs. "We have a very low unit cost," he noted with a smile, "and it keeps going lower." (THY)'s network-wide unit cost was just €5.1 cents/7.51 cents during the January to September period, about half of Austrian Airlines (AUL)'s (CASK) and less than half of Lufthansa (DLH)'s €11.8 cents. (THY) was +TRY476 million/+$315.8 million in the black through the 9-month period. "Big and best is possible," he continued. "We're all geared up for it [to grow]. We are doubling our long-haul capabilities in the next few years." (THY) placed a firm order for 12 777s and 10 A330s this year. It will add 5 777-300ERs and 4 A330-300s to its long-haul passenger fleet in 2010 and a further 7 777s and 3 A330s in 2011.
(THY) Chairman Candan Karlitekin submitted his resignation and will leave (THY) on January 1. A source close to (THY) said that Karlitekin left of his own free will and offered no reason for the decision. He had held the post since 2002. "Reuters" reported that Deputy Chairman Hamdi Topcu will succeed Karlitekin next month.
While (THY)'s network and bottom line continue to grow, (CEO) Temel Kotil admitted that more is needed to fulfill his ambition to make (THY) a global player. "I'm not satisfied with our image," he said.
Kotil said (THY) still has work to do in establishing and increasing the public's confidence in its brand. "We have to show the people that (THY) is already offering a top product. So far, the [lack of] awareness of our brand is a big problem." He said he is considering increasing the advertising budget.
(THY) was +TRY476 million/+$312 million in the black through the 1st 9 months and was the 4th-largest carrier in terms of passengers boarded among the Association of European Airlines (AEA) members. It currently operates 131 airplanes on 119 international and 32 domestic routes and is planning a 2010 capacity increase >20%. It flew 36.5 billion (RPK)s traffic in the 1st 11 months of 2009, up +15.9% from the year-ago period. Capacity rose +21.5% to 51.3 billion (ASK)s and load factor fell -3.4 points to 71.1% LF.
"We will add about +10 new destinations every year," Kotil said. 3x-weekly, Istanbul Ataturk to Dhaka to Ho Chi Minh City service is set to go in early 2010 and Australia is on the agenda. "We already have an office there [in Sydney] and there are so many potential passengers, we could fill up 2 long-haul planes per week." Surprisingly, none of (THY)'s 12 European Star Alliance (SAL) partners currently offer a direct flight to Australia. He offered no further details on the plans for "Down Under." Turkishairlines.com.au currently is "under construction."
Kotil said that while he'd like to have a global footprint "tomorrow," he is confident that (THY) is "not far away." He envisions a place among the planet's top 10 airlines within 5 years. "In terms of quality, we should be on top," he said.
A focus on holding down costs will not come at the expense of service. "We want to give more to passengers," he said, and (THY) is taking an alternate route from competitors who have found savings in the cabin. "If you reduce your service to save money, you're making a mistake," he said. (THY) is installing fixed business class (C) cabins on its single-aisle fleet and removing the adjustable cabin divider. It will offer 16C to 20C business class seats on its A320 family and 737 airplanes. "We will offer 45 inch of legroom in business class (C) and 31 inch in economy (y). We want to be better than the others. If the others follow us, then we'll install lie-flat seats, even in the single-aisle fleet," Kotil said. 25 737-800s are being reconfigured, with full in-flight entertainment systems installed in both business class (C) and economy (Y). 4 airplanes have been completed.
(THY) is set to announce an order for 20 narrow body airplanes from either Airbus (EDS) or Boeing (TBC) soon. If it chooses the 737, it will consider the 737-900 as well.
2 777-3F2ERs (40709, TC-JJI; 40792, TC-JJH), deliveries. A330-343X (407, TC-SGJ "Trabzon"), Saga Airlines wet-leased for winter.
SEE ATTACHED - - "THY-2009-12 A330-343X."
January 2010: Turkish Airlines (THY) transported 25.1 million passengers in 2009, up +11% from the prior year. Traffic (RPK)s climbed +17% to 40.1 billion against a +22% lift in capacity to 56.5 billion (ASK)s, reducing load factor -3.1 points to 70.9% LF.
(THY) promoted Head of Marketing & Sales Faruk Cizmecioglu to VP Sales & Marketing.
(THY) will start Ankara to Damascus route.
(THY) chose Airbus (EDS) for its narrow body fleet expansion, announcing plans to purchase 14 A321-200s and 6 A319-100s with options for 10 additional A319 or A321 airplanes.
(THY) also operates 737s and was considering the 737-900, according to (CEO) Temel Kotil. Delivery of the new airplanes is scheduled for 2011 to 2012. The options, if exercised, would be available in 2013.
By the end of 2012, (THY) will operate 126 single-aisle airplanes and 36 wide bodies, along with 6 freighters. In November, it ordered 3 A330-300s and 2 A330-200Fs.
777-3F2ER (40710, TC-JJJ) and A330-343E (1204, TC-JNL), deliveries.
February 2010: Turkish Airlines (THY) flew 3.35 billion (RPK)s traffic last month, up +35.6% year-over-year. Capacity rose +29.2% to 4.89 billion (ASK)s, lifting load factor +3.2 points to 68.6% LF.
(THY) said it will launch service this year from Istanbul Ataturk to Accra (through Lagos), Shiraz, Sochi, Washington Dulles, Los Angeles, Entebbe/Dar Es Salaam, and Erbil. (THY) also announced a code share agreement with Spanair (SPP) under which (THY) will place its code on Spanair (SPP) domestic services and Spanair (SPP) will code share on (THY) services to Barcelona, Madrid, and Ankara.
Turkish Airlines (THY) is reportedly also considering serving Maribor between April 7 and April 20 when Ljubljana airport, Slovenia will be closed for runway renovation works.
Panasonic Avionics Corporation, in conjunction with AeroMobile, will provide its "eX2" in-flight entertainment system and Global Communications Suite to (THY) for installation on 12 777-300ERs and 10 A330-300s. The 1st airplane is scheduled to enter service in the 4th quarter. The package includes eXConnect broadband connectivity, eXPhone and the Panasonic Airborne Television Network.
(THY) selected the (IAE) (V2500) SelectOne build standard engine to power 20 firm and 10 option A320 family airplanes scheduled for delivery between 2011 and 2013. The firm order covers 6 A319s and 14 A321s. (THY) continued its ambitious fleet renewal and announced a commitment for 10 737-800s and 10 737-900ERs (plus 15 options) that will join the A320 family airplanes ordered last month. The firm Boeing (TBC) narrow bodies are scheduled for delivery in 2011 to 2014 and the 15 options, which may be 737-800s or 737-900ERs, would be available in 2013 to 2015 if converted. The airplanes will be fitted with (TBC)'s "Sky Interior" cabin. In January, (THY) announced an order for 14 A321-200s and 6 A319-100s with options for 10 additional A319 or A321s.
Last year (THY) outlined a 2009 to 2023 fleet strategy and sent out Requests for Proposal (RFP)s to Airbus (EDS) and Boeing (TBC) for the purchase of 35 wide bodies (25 firm and 10 options) and 70 narrow bodies (50 firm and 20 options). In addition to the aforementioned narrow body orders, it has signed up for 12 777-300ERs and 12 A330s (including 2 freighters). A (THY) spokesperson confirmed that the new 737 order is part of the 105-airplane fleet renewal plan.
The fleet is set to increase by almost +50% to 196 airplanes by 2016 from 133 at present, (THY) said in a filing with the Istanbul stock exchange. It is expected to comprise 155 narrow bodies, 36 passenger wide bodies and 5 freighters. This year it will add 5 777-300ERs, 4 A330-300s and 4 737s.
Turkish Airlines (THY) is negotiating a 2-year dry lease of 3 Jet Airways (JPL) 777-300ERs, a (THY) spokesperson confirmed. The wide bodies would join the (THY) fleet in April and be painted in its red-and-white livery. In December 2008, (THY) agreed to wet-lease 3 777-300ERs from (JPL). (THY) has a firm order for 12 of the type with deliveries starting in October. It is scheduled to take delivery of 5 this year and 7 in 2011.
March 2010: Turkish Airlines (THY) was asked by the Polish government to make a major investment in (LOT) Polish Airlines, but (THY) rejected the offer because it is focused on its own expansion plans. (THY) responded to press speculation that it was pursuing the Polish airline, saying, "There is no board of directors' decision taken regarding the acquisition. However, our [company] is open to consider any possible opportunities as part of our growth strategy and [we have] no specific motivation for this matter."
The Polish state currently holds 68% of (LOT), the Towarzystwo Finansowe Silesia investment group has 25.1% and airline employees hold 6.9%. The treasury said in January that several bidders were interested in a potential investment but nothing concrete has materialized. Lufthansa (DLH), likely (LOT)'s preferred partner, has no plans to add to its stable of carriers.
Meanwhile, (THY) is looking to expand its presence at Bangkok Suvarnabhumi (BKK) and to partner with fellow Star (SAL) Alliance member, Thai Airways (TII) in an effort to penetrate more of SE Asia and Australia. (THY) General Manager Thailand, Vietnam & Cambodia, Adnan Aykac told the "Bangkok Post" that the airline is negotiating a code share agreement with (TII) that would give it access to Australia and New Zealand, where (TII) serves a combined 5 destinations. "While we are hopeful we can strike a deal with (TII) later this year, we do have alternatives to support our growth in this region," he told the paper. (THY) plans to serve Ho Chi Minh City via (BKK) from the fall and also is considering flying to Kuala Lumpur and Manila.
(THY) will introduce a new class and service product in between business (C) and economy (Y) on its new wide body airplanes, (CEO) Temel Kotil said. The class is unnamed but "will exceed the premium economy standards of most other carriers and will be close to the business class (C) of some other carriers," he said.
(THY) has firm orders for 12 777-300ERs and 10 passenger A330-300s, with its 1st 5 777s scheduled to arrive this fall. They will be equipped with 46PY premium economy seats made by Recaro. The fixed-shell seats will offer 45-inch pitch and have 19.3-inch width, while the recline will be 113.3 degrees.
The same seats currently are fitted 2 abreast in the business (C) class section of 4 (THY) A320s, which initially were configured for Kingfisher Airlines (KFH). (KFH) cancelled the order. All of (THY)'s new narrow body airplanes (it has orders for 65 737s and A320 family airplanes) will be fitted with the seats in business (C) class.
"Our story is based on narrow bodies. We feel we should do something different than the competition," Kotil said, reiterating earlier promises that (THY) will not follow the current un-bundling trend and instead will increase and improve its full-service concept. "We're aiming for a 5-star altitude," he said.
(THY) also is in talks with Panasonic regarding live television and Internet on its narrow bodies. Panasonic is supplying its (eX2) In-Flight Entertainment and Global Communications Suite product on (THY)'s wide bodies.
Kotil said business class (C) demand is "strong" across the network, with a +20% year-over-year increase in January. (THY) recorded a +5% lift in the number of premium passengers in 2009 and +11% passenger growth overall to 25.1 million, lifting it to 4th among Association of European Airlines members. Kotil said the "ambitious" carrier is aiming to overtake British Airways (BAB)'s 3rd position this year. Its January enplanements rose +26% year-over-year to 2 million, while (BAB)'s fell 8% to 2.1 million.
Last week, (THY) announced an agreement to lease 1 737-700 from Continuity Air Finance for delivery this month.
Boeing (THY) confirmed that (THY) finalized its order for 10 737-800s and 10 737-900ERs worth $1.6 billion at list prices.
April 2010: Turkish Airlines (THY), which has been touting its fast pace of expansion as contrasting to the lack of capacity increases by many airlines around the world, posted impressive growth numbers again in March. It transported 6.16 million passengers for the month, up +25.5% from the year-ago month. Traffic (RPK)s climbed +35% to 10.17 million against a +26.9% lift in capacity to 14.46 million (ASK)s capacity. Load factor lifted +4.2 points to 70.3% LF. (THY) reported a +$369.5 million profit in 2009.
(THY) reported a 2009 net profit of +TRY559.1 million/+$369.5 million, down -50.7% from the +TRY1.13 billion it earned in 2008, according to selected financial results released to the Istanbul Stock Exchange.
Revenue increased +15% to TRY7.04 billion from TRY6.12 billion in 2008 and operating profit rose +12% to TRY832 million. (THY) grew its fleet by +4% during the year to 132 airplanes. Traffic lifted +17% to 40.11 billion (RPK)s on a +22% gain in capacity to 56.55 billion (ASK)s, producing a load factor of 70.9% LF, down -3.1 points.
"In the crisis year 2009, when our competitors in the sector reduced capacity, our operational and [revenue] growth is giving us great pleasure," (THY) said. "As we move forward, we continue to work hard in order to maintain our success achieved in 2009." In the 1st 2 months of this year, passengers carried were up +25% over the year-ago period, with (ASK)s ahead +34.5%.
(THY) will launch 3x-weekly, Istanbul - Sochi service from May 25. It is (THY)'s 7th destination in Russia.
Turkish (THY) Technic signed an airplane paint services agreement and a 5-year wheel & brake maintenance services agreement with SunExpress (SNS) covering (SNS)'s 737-800s. The work will be performed at Turkish Technic's Istanbul hangar.
Turkish (THY) Technic signed a "C" check airplane maintenance services agreement with Kyrgyz Airways (KYR) covering 1 737-300.
737-7GL (34760, TC-JKR), 1 737-73V (32420, TC-JKT), (SIL) leased, 2 737-752s (34299, TC-JKN; 34300, TC-JKO), 1 737-86Q (30196, TC-JHJ), and 777-35RER (35159, TC-JJD "Anadou"), Aircastle (CSL) leased.
June 2010: Turkish Airlines (THY) operated 17.82 billion (RPK)s traffic from January through May, up +28.6% from the same period a year ago. Capacity grew +21.3% to 24.93 billion (ASK)s and load factor rose +4 points to 71.5% LF.
(THY) will launch 4x-weekly, Istanbul Ataturk (IST) - Alexandria Borg el Arab service on June 19, its 2nd destination in Egypt, and will increase frequencies of its daily (IST) - Medina to 12 flights per week on July 1. It commenced 3x-weekly, (IST) - Entebbe - Dar es Salaam service on June 14.
Rockwell Collins was selected by Turkish Airlines (THY) to provide a suite of avionics including its MultiScan Hazard Detection system, (TCAS), datalink system and sensors for 20 firm and 15 option 737s and 20 firm and 10 option A319s/A321s with deliveries beginning in 2011.
(THY) topped up its firm order with Airbus (EDS) with an additional A330-200 for delivery in July 2011. The airplane will be powered by Rolls-Royce (RRC) (Trent 700) engines. The purchase joins existing orders for 10 A330-300s, 2 A330-200F freighters and 24 A320 family airplanes signed last year.
As part of its 2009 to 2013 fleet plan calling for 105 new airplanes, (THY) also placed an order with Boeing (TBC) for 12 777-300ERs, 10 737-800 and 10 737-900ERs. It holds options on a further 10 A319s/A321s and 15 737s.
July 2010: Turkish Airlines (THY) launched 3x-weekly, Istanbul Ataturk (IST) to Podgorica service on July 8. (THY) launched a 4x-weekly, (IST) - Accra service, its 127th destination. Also, (THY) will offer nonstop (IST) - Washington Dulles service beginning November 6 aboard a 777-300ER. It soon will announce a new route to Los Angeles.
US Airways (AMW)/(USA) and Turkish Airlines (THY) reached a code share agreement under which (AMW)/(USA) will place its code on Turkish flights to Istanbul Ataturk (IST) from Frankfurt (FRA), Munich (MUC), and Zurich (ZRH). Customers will gain access to Adana, Izmir, Antalya, and Ankara via (IST) and may opt for nonstop travel to (IST) via New York (JFK) and Chicago O'Hare (ORD). (THY) will place its code on USA flights to Charlotte, Philadelphia, and Phoenix from (FRA), (MUC), (ZRH), (ORD), and (JFK). The agreement is subject to USA Department of Transportation and Turkish government approval.
The governments of Serbia and Turkey have pledged to speed up talks that could result in indebted Serbian flag carrier Jat Airways (JAT) merging with Turkish Airlines (THY).
During a news conference, Turkish Prime Minister, Tayyip Erdogan said, “We are ready for steps that will make that cooperation possible. I am promising to do my best [to provide] the people of Serbia with links to every corner of the world through our two companies.”
(THY) (CEO) Temel Kotil said in May that he was in talks with (JAT) about a possible merger. In March, Serbia announced it would split (JAT) into 2 separate companies. "Reuters" reported that 1 would assume the debt and the other the profitable assets.
(JAT) announced a -€16.5 million/-$21.97 million loss for 2009 and said it planned to borrow €51.5 million to renew its aging fleet and prepare for a potential partnership with (THY). It operates a fleet of 15 airplanes comprising 737-300s, 737-400s and ATR 72-200s.
Goodrich (BFG) and Turkish Technic have put the finishing touches on an agreement 1st formed in November 2007 to set up a joint-venture (JV) Maintenance Repair & Overhaul (MRO) company in Istanbul. The center marks (BFG)’s 1st move into Turkey and will focus on work for nacelles and thrust reversers and related component support, including rotables. The 2 companies expect Goodrich (BFG) Turkish Technic Service Center at Sabiha Gökçen International Airport to start operations in the 1st quarter of 2011. The 20,000-sq-ft facility, which has the potential to double in size, initially will employ about 20 people in support of (THY) and the Airbus (EDS) and Boeing (TBC) fleets of other carriers in the region.
Turkish Technic (THY) reached a maintenance services contract with (ULS) Cargo (BRN) to provide "C" airplane maintenance checks on 3 A310Fs through the end of the year.
(THY) introduced a new Comfort Class to its offerings of economy (Y), business (C) and 1st class (F). The new service level, to be placed between the economy (Y) and business (C) cabins, will offer fixed-shell seats with a 45-inch pitch and 19.3-inch width. The seats will include personal display screens with 10.6-inch armrest screens to enable passengers to use personal (USB) devices or (iPOD)s.
(THY) will begin to offer Comfort Class on trunk routes from Istanbul Ataturk to Beijing, Shanghai Pudong, Tokyo Narita, Bangkok, Sao Paulo Guarulhos, and Toronto on its new 777-300ERs. Depending on the 777 delivery schedule, the new class also will be offered on flights to New York (JFK), Chicago, and Washington Dulles.
August 2010: Turkish Airlines (THY) confirmed launch dates for 2 new services from its hub at Istanbul Ataturk to the USA: 5x-weekly flights to Washington Dulles will commence November 7 and 4x-weekly service to Los Angeles will start March 3.
(THY) appointed Sukru Nenem Strategic Planning & Investments Manager.
September 2010: (BH) Air (BFH) signed an airplane and landing gear maintenance services contract with Turkish (THY) Technic, which covers RIB-5 inspection (modification and corrosion repair as required) of 3 A320s and landing gear overhaul for specified airplanes. The work will be carried out at Turkish Technic’s facilities in Istanbul, through the end of March 2011.
Turkish Airlines (THY) introduced 777-300ERs on its 3x-weekly Istanbul Ataturk – Sao Paulo Guarulhos (SAO) route starting December 26. (THY) will increase flights to (SAO) to 4x-weekly on February 22.
(THY) took delivery of its 1st A330-300 and 1st A330-200F, both of which are part of an order signed in 2009 with Airbus (EDS) for 10 A330-300s, 2 A330-200Fs and 24 A320 family airplanes.
In June it topped its order book with an additional A330-200. (THY) expects to take delivery of 3 more A330-300s this year.
The new wide bodies are powered by Rolls-Royce (RRC) (Trent 700) engines and feature a 2-class configuration, seating 28C passengers in business class and 261Y in economy. (THY) already operates (EDS) passenger wide bodies, including 7 A330-200s and 9 A340s. It also deploys 4 A310Fs.
(THY) will use the new A330-300 on medium- and long-range routes from its Istanbul Ataturk hub while the new freighter will be operated by Turkish Cargo to Shanghai and Hong Kong.
“I am delighted to be adding 2 more A330 family variants to our fleet,” (THY) (CEO) Temel Kotil said. “The benefits we will gain from the flexibility of the airplanes and commonality with our existing fleet will provide a strong basis for our continued growth.”
Next month, the rapidly expanding carrier begins taking delivery of the 1st of 12 777-300ERs it has on order.
A330-243 (1004, TC-JDO "Meric), ex-(F-WWYD) and A330-343 (1150, TC-JNH "Topkapi"), ex-(F-WWYM), deliveries.
October 2010: Turkish Airlines (THY), which has plans to become 1 of the 10 biggest carriers worldwide by 2016, is now ready to invest in other carriers, (CEO) Temel Kotil said. "This can happen at any time, either as a strategic investment or as a joint venture," Kotil said, noting that (THY), which owns a 49% stake in Air Bosnia, is looking to invest in other carriers in neighboring markets such as Bulgaria, Greece or Central Asia. Kotil declined to name a specific airline, but said the number of potential investment candidates is <10.
Kotil said (THY)’s business strategy is to "build 1 single hub in Istanbul" and "buy into other airlines" instead of merging with them, enabling them to "grow with their separate identities." As an example, he pointed to subsidiary SunExpress (SNS), a (THY) – Lufthansa (DLH) joint venture (JV) that is 50% owned by each carrier.
He said that as (THY) becomes stronger, carriers from neighboring markets should grow and become stronger as well. "If we help those carriers, this also helps our hub [in] Istanbul," he said.
Turkish Cargo (THY) launched 2x-weekly, Hong Kong – Istanbul Ataturk service using an A330-243F freighter (recently delivered).
SEE PHOTO - - "THY-A300-232F-2010-10."
An Anadolujet (ANJ) 737-700 completed a "C" check at Turkish (THY) Technic’s Ankara Esenboga Hangar, (THY)'s 4th hangar and the 1st to be activated outside Istanbul. It can house 3 narrow body airplanes undergoing "A" and "L" checks, "C1" checks, heavy maintenance services, painting, and landing gear/engine-changing services.
November 2010: Turkish Airlines (THY) >5 years after receiving USA Department of Transport (DOT) approval for flights to Washington Dulles International and Los Angeles International airports from Istanbul, finally launched the flights from Dulles. The flights to Los Angeles do not begin until March 3, 2011. Incidentally, Americans flying to or from Turkey, must supply their names, sex and dates of birth 78 hours in advance of flying, to the airline sales office or travel agency.
Turkish Airlines (THY) will resume 4x-weekly, Istanbul Sabiha Gokcen - Moscow Domodedovo service, operated by AnadoluJet (ANJ) with a 737-809.
3 days after celebrating the launch of its Istanbul Ataturk - Washington Dulles (IAD) service, (THY) told reporters in Washington that it intends to begin serving Detroit, Houston, Miami, Boston, and Atlanta. "We are in the planning period," (CEO) Temel Kotil said.
Its (IAD) service, currently 4x-weekly, will increase to 7x-weekly next summer with the arrival of 20 long-haul airplanes. "There are good relations between the USA and Turkey in a commercial sense," Kotil said. Its service to New York (JFK) will increase to 14x-weekly next summer, by which time it also intends to serve Chicago and Los Angeles 7x-weekly.
"We want to grow," Kotil said, adding, "We are not that small Turkish airline anymore." He cited its strong cash position, saying (THY) "can do any investment necessary," and that for (THY), "anything is possible." He noted that (THY) is very strong in short-haul routes, "one of the best," and that 1 3rd of its customers are transfer passengers, something it seeks to increase by adding more destinations to its network.
In another ambitious growth move, (THY) said in the next 2 years it will aim to become the leader in flights to Africa, as well as increase service to China to 21 flights a week by next summer, up from 10 currently. "We know that we need to compete with everybody," Kotil remarked, adding, "Even ourselves."
December 2010: Turkish Airlines (THY) will launch 4x-weekly, Istanbul Ataturk (IST) to Karachi to Dacca service on December 26 and 4x-weekly (IST) to Bangkok (BKK) to Ho Chi Minh City on December 29.
Turkish (THY) Technic signed maintenance service agreements with Yakutia Airlines (SYL) for 1 737NG base maintenance "C" check and 1 737NG base maintenance "A" check. Maintenance activities will be performed this month at Turkish Technic's facilities in Istanbul.
January 2011: SEE ATTACHED "THY-2011-01-2010 WORLD TOP TRAFFIC."
Turkish Airlines (THY) will launch service from Istanbul Ataturk to Guangzhou (3x-weekly, January 30), Los Angeles (4x-weekly, March 3), and Shiraz (4x-weekly, March 14). According to Turkey's Directorate General of Civil Aviation, (Thy) also plans to start new service to Malaga, Salonika, Valencia, Toulouse, Manila, Naples, Turin, Genoa later this year.
AirBaltic (BAU) reached a cooperation agreement with Turkish Airlines (THY) under which it will offer connections to 11 destinations in Turkey, and 20 in the Middle East and Africa.
(THY)'s Maintenance division, Turkish Technic, has formally launched a joint-venture (JV) company with Turkish Aerospace Industries (TAI), named Turkish Cabin Interior Systems. The company aims to produce galleys, crew rests, and other general fittings and seat parts for commercial airplanes.
It will be based in Ankara and 30%-owned by (THY), 21% by Turkish Technic and 49% by (TAI). "We are gathering our technical and marketing expertise under the same roof with (TAI) in order to be in the premier league of manufacturing in the cabin interior systems business," said (THY) Chairman Hamdi Topcu. "We would like to prove how airplane cabin interior products can be produced at high quality under a 100%-Turkish brand. Turkey will be a maintenance, repair and manufacturing hub that should be taken seriously in the near future."
Turkish Technic won a contract from Sky Airlines (SYC) to perform re-delivery checks and paint services for (SYC)'s A321s. Maintenance is scheduled to end this month. (SYC) operates a fleet of 6 737CLs, 6 737NGs and 5 A320/A321s and began domestic flights January 15. Separately, it announced it also signed a contract with Tailwind Airlines (TWI) to perform 2 base maintenance "C" checks on 737-400 airplanes. Maintenance will be carried out at Technic's (THY) facilities in Istanbul.
Turkish Technic signed an (APU) repair services contract with Thomas Cook Airlines (JMA)/GUE), covering 1 (APS3200) model (APU) repair. Services will be carried out at Turkish Technic's (APU) shop in Istanbul. Separately, it announced it signed a total care contract for one A319 with (BH) Airlines (BOS). It additionally said it will perform one "C" maintenance check on a Spanair (SPP) A320 this month and 1 "C" check on a Kolavia Airlines (KLV) A320 in February.
Turkish Technic is hoping to be a “world class Maintenance Repair & Overhaul (MRO) provider” with the completion of its new facility at Istanbul Sabiha Gokcen airport. Dubbed "HABOM," the $500 million (MRO) center will begin a phased-in opening by the end of 2011, a few years behind its original schedule. Turkish Technic General Manager, Ismail Demir said that in addition to servicing (THY)’s fleet of 160 airplanes, 25% of the (MRO) provider’s business currently comes from 3rd-party work for about 20 carriers. The 3rd-party figure will begin to rise by the end of the year with the opening of a 12-bay narrow body hanger at (SAW), he added. Demir said the company plans to “aggressively” market to airlines in Turkey and surrounding countries.
The new center will eventually be a full-service provider for both narrow body and wide body airplanes. It is located 70 km from Turkish Technic’s existing facilities atIstanbul Ataturk. The “geostrategic location of the new facility will enable the new maintenance center to reach out to European, Asian, North African, and Middle Eastern (MRO) markets, as well as the Turkish market,” the company’s website states. Demir said a 3-bay wide body facility will open in the 4th quarter of 2012. When the new facility at (SAW) is completed, work will begin at (IST), where Turkish Technic's Hangar 1 will be renovated and extended to accommodate A380 maintenance. That work is expected to be completed in 2013.
Demir confirmed that Turkish Technic plans to expand to other locations. “If you want to be a world class (MRO) provider, you cannot just be in Istanbul,” he explained. Regarding a possible location, he would only say: “It will be much closer [to Istanbul] than the USA or the Far East. All options are open.” Turkish Technic estimates that by 2016, it will triple its annual revenue from $450 million to $1.5 billion.
Turkish Technic reached a Component Pool Services Agreement with Pegasus Airlines (PGS), covering (PGS)'s 737NGs for 10 years. It will also provide 15 "C" maintenance checks to Pegasus (PGS )and IzAir (IZM) fleets as well as 7 redelivery checks, 7 landing gear overhaul and painting services for 10 airplanes in 2011.
Turkey is aiming to design and produce an airliner to coincide with the Turkish republic's centenary anniversary in 2023, and Topcu said the cabin "is the 1st step". (TAI) Chief, Mehmet Yalcin Kaya said the company, as a result of the venture, would become "more effective in the civil sector".
(THY), a big believer in expensive sports sponsorships, signed a marketing deal with USA (NBA) basketball superstar, Kobe Bryant to promote new Istanbul - Los Angeles flights that begin in March. (THY)
separately struck a marketing deal with female tennis star, Caroline Wozniacki.
(THY) received the Air Transport World (ATW) magazine 2010 Airline Market Leadership award.
SEE ATTACHED - - "THY-2011-01 - ATW MARKET LEADER AWARD."
INCDT: Passengers aboard a Turkish Airlines (THY) flight from Oslo overpowered a hijacker as the plane landed at Istanbul Ataturk, "Reuters" reported. According to the Turkish "Dogan News Agency," the attempt took place as Flight TK1754 started its descent. A man tried to force his way into the cockpit of the airplane saying, “I have a bomb,” but was subdued by passengers, the news agency reported.
The plane landed without further incident and the individual was detained by police according to press reports. No explosives were found. There were no reports of injuries.
SEE VIDEO OF WORLD TOP 15 AIRLINE CABIN ATTENDANTS - -
February 2011: The European Commission (EC) announced that it has launched formal antitrust investigations (ATI) into the free-flow code share agreements between Lufthansa (DLH) and Turkish Airlines (THY) on the Munich (MUC) - Istanbul Ataturk (IST) and Frankfurt (FRA) - (IST) routes and between Brussels Airlines (DAT)/(EBA) and (TAP) Portugal on the Brussels (BRU) - Lisbon (LIS) route. The 2 investigations are separate. All 4 airlines are members of the Star (SAL) Alliance.
"While code share agreements can provide substantial benefits to passengers, some types of such agreements may also produce anti-competitive effects," the (EC) said, noting it had opened the investigations on its own initiative. "These investigations focus on a particular type of code sharing arrangement where these airlines have agreed to sell seats on each others' flights on the Germany - Turkey routes and on the Belgium - Portugal routes, where both companies already operate their own flights between their own hubs ('parallel hub-to-hub code sharing') and should, in principle, be competing with each other."
(DLH) and (THY) are the major operators on the (MUC) - (IST) and (FRA) - (IST) routes, while (DAT)/(EBA) and (TAP) are the only operators on the (BRU) - (LIS) route. (DLH) holds a 45% stake in (DAT)/(EBA), with the option to buy the remaining 55% this year.
(THY) increased 20x-weekly Istanbul Atatürk - Jeddah service to 21-times-weekly, and will increase to 18x-weekly, Istanbul - Vienna service to 21x-weekly on June 13.
2 777-3F2ERs (40711, TC-JJK "Akdeniz;" 40793, TC-JJL "Karadeniz"), deliveries, ex-(N60182 & N5016R).
March 2011: Turkish Airlines (THY) reported 2010 net income of +$191 million, down -48.3% from a +$369.5 million net profit in 2009, marking the second consecutive year (THY)'s net earnings dropped by around -50% year-over-year.
Nevertheless, it vowed to continue with an aggressive expansion, evidenced by orders placed earlier this month for 13 Airbus (EDS) airplanes.
(THY) said it grew capacity (ASK)s by +15% in 2010 compared to 2009. A +20% lift in (RPK)s produced a load factor of 73.7% LF, up +2.8 points. The number of annual passengers carried heightened +16% to 29 million. Full-year revenue rose +23% to $5.6 blllion.
(THY) said 81% of scheduled service revenue came from internatonal flying while 19% was generated in the domestic market. (THY) noted it was "taking all necessary steps to minimize the negative effect of the" unrest in various Middle East countries.
(THY) has signed a firm order for the purchase of 10 A321s and 3 A330-200F freighter airplanes to meet their growth plans in the passenger and cargo markets. (THY) has a further 27 aircraft on order with Airbus (EDS) from contracts placed in 2009 and 2010. The new airplanes will join (THY)’s existing fleet of 75 Airbus (EDS) airplanes, including 4 A310F freighters, 50 A320 Family airplanes, 11 A330s, 1 A330-200F and 9 A340s.
“To achieve our ambitious expansion plans in a sustainable and profitable manner, we require a reliable and efficient fleet,” said Dr Temel Kotil, (CEO) of (THY). “Our positive experience with our in service A320 fleet and the outstanding flexibility and efficiency demonstrated by our A330-200F since it entered service last year made these repeat orders the logical choice for our growth.”
(THY) selected the (V2500) SelectOne engines to power its A321s. The order covers 10 firm engines in 2013 valued at up to $200 million.
Rolls Royce (RRC) has won a $200 million order from Turkish Airlines (THY) for (Trent 700) engines to power 3 A330F freighter aircraft. The contract includes a TotalCare® long-term service agreement. The A330Fs, which will be delivered between 2012 to 2014, are in addition to 2 (RRC) powered A330F freighters previously ordered, 1 of which is now in service. (THY) now has a total of 16 (RRC) powered A330 passenger and freighter aircraft in service or on order to support its growth strategy.
The (Trent 700) is the engine of choice in both passenger and freighter markets, with a near-90% share of the latter. Overall, the engine has captured >75% of orders for the A330 in the last 3 years.
Hamdi Topcu, Chairman Turkish Airlines (THY), said: “Our 1st (Trent 700) powered A330s entered service last September and we have been pleased with both the environmental and efficiency benefits of the engine technology and the support offered through TotalCare®.”
April 2011: Turkish Airlines (THY) launched 4x-weekly, Istanbul Ataturk to Valencia service, its 3rd destination in Spain. It will begin 3x-weekly service to Malaga on April 27. (THY) said it will begin operating a Sabiha Gokcen to Edremit route this year. (THY) will launch 3x-weekly, Istanbul Atatürk to Basra service on May 23.
A J Walter Aviation (AJW) said it received a 5-year contract from Turkish Technic (THY) to provide “full power-by-the-hour and leased stock services for (THY)’s 777-300ER fleet.” (AJW) said it will team with its partner, British Airways (BAB) Engineering to execute the contract, which covers an initial 12 777s in-service and on order.
(AJW) also announced plans to combine its resources with Turkish Technic (THY) at a new Sabiha Gokcen-based facility to provide integrated airplane support services to the region. Turkish Technic (THY) is investing up to $500 million in the facility, which it will open “in order to rapidly grow” Maintenance Repair & Overhaul (MRO) and component repair service, business activities. Turkish Technic (THY) already operates (MRO) facilities at Istanbul Ataturk. “Over the last decade, (AJW) has worked closely and successfully with many airlines in Turkey,” said (AJW) President Christopher Whiteside. “We have seen the huge growth in this market in recent years.”
Boeing (TBC) and Turkish Airlines (THY) have announced that (THY) has exercised options for 15 Next-Generation 737s. The order, comprised of 10 737-800s and 5 737-900ERs, has an average list-price value of >$1.2 billion.
(TBC) has received orders from 14 customers for a total of 305 737-900ERs, the newest member of the 737 family. The higher capacity, longer-range derivative of the 737-900 was launched in July 2005. The 737-900ER offers -6% lower operating costs per trip and -4% lower operating costs per seat mile than competing models.
(TBC) will deliver all of (THY)'s new Next-Generation 737s with the innovative Boeing Sky Interior. The new interior introduces larger overhead stowage bins with a new pivoting design that provides more open space in the cabin. Passengers will enjoy soft blue sky overhead simulated by light-emitting diode (LED) lighting. The new interior also features modern, sculpted sidewalls and window reveals to draw passengers’ eyes to the view outside the window, as well as cove lighting and curving architecture.
Today’s operators fly 737s that are +5% more fuel efficient than the 1st Next-Generation 737s and additional improvements are on the way. (TBC)’s performance improvement package will boost fuel efficiency a further +2% through aerodynamic and engine changes. The improvements to the airframe and engine are expected to be in service between mid-2011 and early 2012 and will be incorporated into the 15 airplanes ordered by (THY).
(THY) will need to add 480 airplanes valued at $50.5 billion over the next 18 years to accommodate projected increases in traffic demand, Airbus (EDS) said. According to reports by "Hürriyet Daily News" and "Agence France Press," Airbus VP Europe, Asia & the Pacific, Chris Buckley presented (EDS)'s forecast in Istanbul, where he noted that "Turkey's air traffic has grown fast and this will continue." He pointed out that Turkish domestic traffic has quadrupled in the last 7 years. Turkey will need 382 narrow body airplanes and 98 long-range airplanes from 2011 to 2029, Buckley said, adding that at least 8 A380s will be needed to help serve the increasing number of transit passengers expected at Turkish airports in coming years. "The country's transit traffic increased fivefold in the last 5 years."
May 2011: Turkish Airlines (THY) said that changes made by the Turkish government will allow citizens from 46 countries in sub-Saharan Africa to be granted visas at Istanbul Ataturk, if they also have valid Schengen, UK or USA visas in their passports and possess a round-trip, (THY) ticket.
With the reinforcement of this new regulation, (THY) said it expects “a boom in the commercial ties and the number of passengers flying (THY).” Chairman Hamdi Topcu noted it has been “difficult for citizens to apply for visas because of the remote locations of Turkish embassies in many countries in Africa.”
The eased visa regulations also include citizens from Angola, Burundi, Eritrea, Ethiopia, Ghana, Kenya, Gambia, Cameron, Comoros, Congo, Democratic Congo, Melawi, Niger, Nigeria, Ruanda, Senegal, Somali, Sudan, Tanzania, Uganda, Zambia, and Zimbabwe.
(THY) announced it signed a block space agreement with Borajet for its AnadoluJet (ANJ) operations covering all the routes where the Turkish regional carrier operates, including Ankara to Adiyaman, Canakkale, Kahramanmaras, Siirt, and Tekirdag, and from Istanbul Sabiha Gokcen to Canakkale, Isparta, Nahcivan, Usak and Tokat.
Borajet operates 4 ATR 72-500s and earlier this month purchased a 5th new 1. It launched regional operations in May last year with 3 former Alitalia (ALI) ATR 72s.
Cobham announced it has entered service with Turkish Airlines (THY) to equip 8 A330s on order with its HGA-7001 high gain antenna. (THY) is the 1st A330 operator with the Cobham antenna sub-system installed, enabling Inmarsat SwiftBroadband throughout the airplane.
(THY) launched 3x-weekly, Istanbul to Malaga service.
Kale Consultants was selected by Turkish Airlines (THY) to provide its passenger revenue accounting solution, "Revera."
June 2011: As the national carrier of Turkey, Turkish Airlines (THY) operates a network of scheduled services to Europe, the Middle and Far East, North and South Africa, and to the USA.
11,520 employees (including 812 Flight Crew (FC); 1,781 Cabin Attendants (CA); & 257 Maintenance Technicians (MT)).
(IATA) Code: TK - 235. (ICAO) Code: THY - (Callsign - TURKAIR).
Parent organization/shareholders: Private shareholders (50.88%); and T C Privatization Administration (49.12%).
Airline subsidiaries/shareholdings: Anadolu Jet (ANJ) (100%); Anatolia Jet (100%); B&H Airlines (49%); & SunExpress Airlines (SNS) (50%).
Alliances: Star Alliance (SAL); Air Bishkek (KGZ); Air China (BEJ); Air India (AIN); Air Malta (MLT); All Nippon Airways (ANA); Asiana Airlines (AAR); Austrian Airlines (AUL); B&H Airlines; Croatia Airlines (CRH); Egyptair (EGP); Ethiopian Airlines (ETH); Etihad Airways (EHD); Garuda Indonesian Airlines (GIA); (LOT) Polish Airlines; Lufthansa (DLH); Malaysia Airlines (MAS); Pakistan International Airlines (PIA); Royal Air Maroc (RAM); Singapore Airlines (SIA); Spanair (SPP); SunExpress (SNS); Swiss International Airlines (CSR); Syrianair (SYR); (TAP) Portugal; United Airlines (UAL); and US Airways (AMW)/(USA).
Turkish Technic is 1 of the Turkish Airline Group companies and provides Maintenance Repair & Overhaul (MRO) services for Boeing (TBC) and Airbus (EDS) airframes, engines, auxiliary power Units (APU)s, landing gear and components. The company serves >100 airlines in Europe, the Middle East, North Africa, Turkey, and the Commonwealth of Independent States (CIS) with its maintenance bases in Istanbul and Ankara with a highly qualified and experienced workforce of >3,000 Maintenance Technicians (MT).
Main Base: Istanbul Ataturk International airport (IST).
Hub: Ankara Esenboga International airport (ESB).
Domestic, Scheduled Destinations: Adana; Adiyaman; Agri; Ankara; Antalya; Batman; Bodrum; Dalaman; Denizli; Diyarbakir; Elazig; Erzincan; Erzurum; Gaziantep; Istanbul; Izmir; Kahramanmaras; Kars; Kayseri; Konya; Malatya; Mardin; Mus; Samsun; Sanliurfa; Sivas; Trabzon; & Van.
International, Scheduled Destinations: Abu Dhabi; Algiers; Almaty; Amman; Amsterdam; Ashgabat; Astana; Athens; Bahrain; Baku; Bangkok; Barcelona; Basle/Mulhouse; Beijing; Beirut; Belgrade; Berlin; Bishkek; Brussels; Bucharest; Budapest; Cairo; Casablanca; Chicago; Chisinau; Cologne; Copenhagen; Damascus; Delhi; Donetsk; Dubai; Dushanbe; Dusseldorf; Ercan; Frankfurt; Geneva; Hamburg; Hanover; Helsinki; Hong Kong; Jeddah; Karachi; Kazan; Kiev; Kuwait; Lisbon; Ljubljana; London; Lyons; Madrid; Manchester; Milan; Moscow; Munich; New York; Nice; Nuremberg; Odessa; Oslo; Paris; Prague; Pristina; Riyadh; Rome; Rostov; Sana'a; Sarajevo; Seoul; Shanghai; Simferopol; Singapore; Skopje; Sofia; Stockholm; St Petersburg; Strasbourg; Stuttgart; Tabriz; Tashkent; Tbilisi; Tehran; Tel Aviv Yafo; Tirana; Tokyo; Tripoli; Tunis; Vienna; Warsaw; Zagreb; & Zurich.
Turkish Airlines (THY) revised its code share agreement with (TAP) Portugal Airlines; the carriers will now reciprocally place their codes on each other's flights.
(THY) launched 3x-weekly, Istanbul Atatürk - Genoa service, increasing to 4x-weekly on June 27.
(THY) agreed to join the Arab Air Carrier Organization.
July 2011: Turkish Airlines (THY) launched 2x-weekly, Istanbul Ataturk (IST) to Al Basrah service and will increase it to 3x-weekly this month, from when the service will be operated via Necef. (THY) also launched 3x-weekly, (IST) to Naples flights and 3x-weekly, (IST) to Islamabad 737-800 service. (THY) will increase its 4x-daily, Los Angeles to Istanbul Ataturk service to 5x-daily on August 31, and up to daily from March 26, 2012. (THY) launched 4x-weekly, Istanbul Ataturk to Sulaymaniyah service on July 20. Turkish Cargo launched weekly, Istanbul to Budapest A310F freighter service.
Turkish Technic signed a 4-year total airplane base maintenance services agreement, a total landing gear support agreement, and a 5-year total (APU) support agreement with SunExpress (SNS) Deutschland covering its fleet of 737-800s. SunExpress Deutschland started operations in June with 3 737-800s.
August 2011: Turkish Airlines (THY) reported “2011 is the year for (THY) where its investment has accelerated and took a quantum leap during its 8-year growth period.” At the end of June, (Thy) operated 175 airplanes, +22 more than a year earlier.
Sales revenue surged +31% to TRY4.9 billion, but costs rose +45.5% to TRY4.39 billion as a result of the increased operations and rising fuel prices. Operating loss was -TRY266.2 million. Unit cost in eurocents rose +2.8% to 6.32 and fuel (CASK) jumped +22.6% to 2.06 eurocents. Personnel (CASK) decreased -3 points to eurocents 1.32. The workforce grew 12% to 17,840 employees.
Traffic increased +10.3% to 14.8 million, with 35.9% being transfer passengers. Traffic (RPK)s rose +19% to 26.07 billion on a +23.6% hike in capacity to 37.52 billion (ASK)s. Load factor was therefore down -2.7 points to 69.5% LF.
(THY) said it expects to carry 32.9 million passengers this year.
(THY) launched 3x-weekly, Istanbul to Turin service on August 2. The 1st flight was operated by A319 (TC-JLN) which was welcomed with a traditional water cannon salute. However, increased demand, particularly on outbound flights, has led to the airplane being upgraded to a larger 737-800.
Turkish Technic (THY) signed an APS3200 (APU) repair services contract with Atlasjet (ABE), covering (APU) repair and spare support, slated to be completed by August.
September 2011: Turkish Airlines (THY) will resume 4x-weekly, Istanbul Ataturk service to Benghazi (September 13) and Tripoli (September 24), following airport infrastructure work. (THY) will resume 4x-weekly Istanbul Ataturk service to Benghazi (September 13) and Tripoli (September 24), following airport infrastructure work.
(THY) placed a firm order for 20 737-800s and 15 737-900ERs. 2 737-800s and 2 737-900ERs will be delivered late this year. Delivery of all 35 737s ordered should be completed by the end of 2015.
(THY) said the additional 737s are needed for ongoing fleet expansion. According to its website, (THY) currently operates 3 737-400s, 14 737-700s and 52 737-800s.
(THY) also contracted (PATS) Aircraft Systems in Georgetown, Delaware, USA to install 2 additional fuel tanks on each of the 737-900ERs to increase airplane range. The 737-900ERs are scheduled to be used primarily on African routes.
October 2011: Turkish Airlines (THY) will launch 4x-weekly, Istanbul Ataturk to Mosul service on October 13.
(THY) needs a bigger airport and hopes the new Istanbul airport will be built by 2016. (CEO) Temel Kotil said that (THY)’s hub at Istanbul Ataturk, which handles about 32.9 million passengers per year, is too small and has hindered (THY)’s growth strategy.
Kotil said (THY) already occupies “75% of the airport capacity” but it also wants other carriers to be there. “Experts said in 5 years from now, the new airport will be ready,” said Kotil, who noted the final location will be selected soon and construction is likely to begin by year end. The new airport should handle up to 120 million passengers and have 5 runways. It will be 6,000 hectares/14,826 acres, 6 times bigger than the current Ataturk airport, Kotil said.
The growth of the new airport will be “more important for Turkey’s future than for the growth of (THY), but it will push us to develop faster,” Kotil said. Istanbul’s 2nd airport, Sabiha Gokcen served 11.6 million passengers in 2010.
Kotil said (THY)’s hub is perfectly positioned globally and is a “goldmine” for (THY). He said (THY) generates “$6 billion from international passenger business, but “we can grow this up to $40 billion.” International transfer passengers at (IST) should increase to 20 million, up from 5.6 million, by 2016, Kotil said, noting that (THY)’s international passengers should reach 50 million.
(THY) operates 175 airplanes and transports 29.1 million passengers.
Turkish Technic (THY) has a contract for covering 2 base maintenance "C" checks on a (NEOS) (NEO) 737-800. It also signed a painting service agreement, covering 1 737-800. Based at Milan Malpensa International, (NEO) operates 6 737-800s and 2 767-300s.
Turkish (THY) Technic was selected by Pegasus Airlines (PGS) to provide 1 737-500 re-delivery check and 1 737-400 "C" check. It was also selected by Onur Air (ONU) to provide "C" check maintenance services for 2 A321s.
Turkish (THY) Technic signed a pool contract with Ariana Afghan Airlines (AFG) in February 2011 covering 2 737-400 airplanes.
(THY)'s massive long-haul fleet expansion created instability throughout the network, (CEO) Temel Kotil said. But, after nearly doubling its long-haul fleet to 36 airplanes from 2010, (THY) synchronized its network, he said.
“We took several measures,” Kotil said, noting that after the crisis in the Middle East/North Africa, from the 1st quarter on, things “did not go as planned.” In fact, (THY) reported a -TRY220.6 million/-$126.4 million consolidated net loss for the 2nd quarter, increasing its 1st-half loss to -TRY543.6 million, owing to foreign exchange losses on financial leases related to its fleet expansion activities.
At the end of June, (THY) operated 175 airplanes, +22 more than a year earlier. Kotil said the number of airplane seats has now reached 32,000, including 10,000 seats on wide bodies, which “causes a marketing problem.” Load factor has dropped on long-haul routes. “Right now we have control. Transfer traffic is increasing month by month,” said Kotil, who noted that “2012 will be the year of repair [for] the company.”
Kotil said (THY) will add more narrow bodies to the fleet next year, including 15 A321/737-900ER/737-800 airplanes, featuring individual in-flight entertainment (IFE) and fixed business (C) class seats. Also, Kotil said next year (THY) will add +10 routes to Europe and 10 routes on its medium- and long-haul sectors. New routes to Australia will be deferred.
“We also need to bring our brand to a higher level,” Kotil said.
Looking forward, Kotil is expecting a drop in demand in the world wide airline business. “A difficult year is coming. But we know how to handle a crisis and make opportunities for (THY),” he said.
A330-243 (1240, TC-TUR), ex-(F-WWKQ), delivery.
November 2011: At the end of September, (THY) had 176 airplanes in operation, up net 22 compared to a year earlier, operating 5,107 weekly flights on 187 destinations world wide. Its fleet comprised 134 narrow bodies, 36 wide bodies and 6 full freighters.
(THY) will launch daily Istanbul Ataturk to London Gatwick service on December 20.
(THY) (CEO) Temel Kotil said that (THY)'s hub at Istanbul Ataturk, which handles about 32.9 million passengers per year, is too small and has hindered (THY)'s growth strategy. Kotil said (THY) already occupies "75% of the airport capacity," adding, "Experts said in 5 years from now a new airport will be ready." He said the final location for the new airport will be selected soon and construction is likely to begin by year end. The new airport should have the capacity to handle up to 120 million passengers and have 5 runways. It will be 14,826 acres, 6 times bigger than the current Ataturk airport, Kotil said.
The growth of the new airport will be "more important for Turkey’s future than for the growth of the airline, but it will push us to develop faster," Kotil said. Istanbul's 2nd airport, Sabiha Gokcen, served 11.6 million passengers in 2010. Kotil said (THY)'s hub is perfectly positioned globally and is a "goldmine" for (THY). He said (THY) generates "$6 billion from international passenger business," but "we can grow this up to $40 billion" with a new airport.
Turkish (THY) Technic was selected by Somon Air (SML) to provide (GTCP131-9B) type (APU) repair services. The contract covers 1 (GTCP131-9B) model (APU) repair and spare (APU) support.
Turkish Technic (THY) won a base maintenance services agreement from Pegasus Airlines (PGS) for 4 737-800 "C" checks. Maintenance will be carried out within the 4th quarter 2011 and the 1st quarter of 2012.
December 2011: The European Commission (EC) raided the premises of Brussels Airlines (DAT)/(EBA) and (TAP) Portugal (TP) in Belgium and Portugal, as part of its investigation to verify whether the carriers’ code share agreements are in breach of (EU) antitrust rules.
“While the (EC) was so far rather concerned about possible effects that code share agreements may have had for consumers, it now has, in addition, reasons to suspect illegal collusion between the parties,” it said. (EC) officials were accompanied by their counterparts from the relevant national competition authorities.
The (EC) opened the investigation in February. It also opened a similar probe into the code share practice between Lufthansa (DLH) and Turkish Airlines (THY) on the Munich to Istanbul Ataturk (IST) and Frankfurt to (IST) routes.
The (DAT)/(EBA) - (TAP) investigation concerns the Brussels to Lisbon route, where the carriers are the only operators.
Turkish Airlines (THY) will focus on increasing feed to its long-haul network as it takes delivery of mainly narrow body airplanes over the next years, (CEO) Temel Kotil said.
(THY), a long-standing member of the Association of European Airlines (AEA), joined the Arab Air Carriers Organization (AACO) in June. “We have added a lot of new wide bodies over the past 2 years but in the next few years, we will take delivery of mostly narrow body airplanes. We will launch new routes to the Far East and Africa; however, our main focus will be on expanding our medium-haul network to feed the extensive long-haul network we built in the last years,” Kotil said. In terms of seats, growth will slow from +18% this year to +5% in 2012, +7% in 2013 and +2% in 2014; then in 2015, there will be a -2% decrease to 36,670 seats.
(THY) will end this year with a passenger fleet comprising 35 wide bodies and 137 narrow bodies, which will increase to 36 and 158, respectively, by the end of 2015. Scheduled new deliveries (for its passenger fleet) for 2012 include 3 A330s, 6 A321s, 2 737-800s and 7 737-900s, which are being fitted with 2 additional fuel tanks to increase range. Between 2013 and 2015, a further 7 new 737-900ERs, 16 737-800s and 10 A321s will be delivered to (THY).
Kotil said there might be a slight delay in the delivery schedule of the 737-900s owing to fuel tank modification. (THY) will also use its new 737-900ERs on longer routes into Africa, such as Nairobi and Lagos. “Those are almost like wide bodied machines. They feature the Sky Interior and are configured with just 151 seats, with 58-inch seats in business (C) class and 33-inch seats in economy (Y) as well as full in-flight entertainment (IFE). They are very comfortable.”
He reiterated that 2011 “was our biggest crisis year” owing to its massive long-haul fleet expansion, but added the company is on track to re-balancing its network and profitability.
Kotil said (THY) is feeling the economical crisis in Europe, but said that while point-to-point might be under pressure, transfer traffic is growing. “Our strategic location helps us a lot and we work in diverse markets,” he said, noting (THY) is “still achieving double-digit growth.”
Turkish Technic (THY) inked a base maintenance services agreement and a paint services agreement with SmartLynx Airlines (LIJ) for 1 "C" maintenance check on an A320. Turkish Technic (THY) received an extended and expanded 737NG wheel & tire services contract with Pegasus Airlines (PGS), through to 2017. The deal will expand to cover airplanes with carbon brakes, in addition to those with steel brakes. Turkish Technic (THY) has signed contracts with Yakutia Airlines (SYL), which includes a maintenance service agreement to cover 1 "C" check on a 737-800 and a painting service agreement to cover 1 737-800 tail painting.
(TRAXON) Europe expanded its agreement with Turkish (THY) Cargo to enable (THY) to receive (FHL) (House Air Waybill) and (FWB) (Master Air Waybill) messages, and to prolong an (EDI) agreement for a further 3 years. The agreement gives (THY) Cargo access to the (TRAXON) Europe network worldwide.
January 2012: Turkish Airlines (THY) will switch 4x-daily Istanbul (IST) flights and 1 daily Antalya flight from Moscow Sheremetyevo to Vnukovo Airport (VKO) from March 25.
Star (SAL) Alliance member, Lufthansa (DLH) has also announced the launch of flights to Vnukovo.
(THY) will launch 3x-weekly, 737-800 (IST) Ataturk – Novosibirsk (OVB) service March 14, making (OVB) (THY)’s 8th Russian destination.
(CEO) Temel Kotil recently said that (THY) is targeting 38 million passengers for 2012 and $8 billion. (THY) continues to increase its European traffic and grow its “important markets like Russia or Ukraine,” he said.
Despite the weak economic outlook in Europe, Kotil remains confident. “Actually everybody is worrying about poor income. Our income is mostly in euro currency and that hurt us as well. Other carriers are cutting service, that helps us to balance. Like in 2006 or 2008, many airlines had problems. When others (airlines) reduced services, we also made a profit. There will be no crises for us.”
(THY) aims to open 14 new destinations in 2012 and carry >38 million passengers. (THY) said the new routes will include Accra to Abidjan, Leipzig, Edinburgh, Aalborg to Billund, Bremen and Kinshasa.
Last month it also disclosed plans to operate to Buenos Aires, Mogadishu, Misrata, Bilbao to La Coruna, Novosibirsk to Ulaanbaatar, and Abuja to Kano.
(THY) has lauched additional new services from its fast growing Istanbul Ataturk hub:
Antalya to Moscow Vnukovo: daily A321-200 service starting on March 25 (replacing route to Moscow Domodedovo);
Istanbul Atatürk to Accra: 4x-weekly 737-900ER service starting on January 2 (replacing 1-stop via Lagos which will continue to be served daily);
Istanbul Atatürk to Benghazi: 10x-weekly 737-800 service has resumed on September 13;
Istanbul Atatürk to Dammam: 3x-weekly A320-200 service has started on October 17;
Istanbul Atatürk to London Gatwick: daily A321-200 service has started on December 20 (in addition to up to 5x-daily Heathrow services);
Istanbul Atatürk to Lvov: 3x-weekly A319-100 service resuming on March 25 (after runway repairs);
Istanbul Atatürk to Misurata: daily 737-800 service starting on January 2;
Istanbul Atatürk to Moscow Vnukovo: 4x-daily A321-200/737-800 service starting on March 25 (replacing route to Domodedovo);
Istanbul Atatürk to Novosibirsk: 3x-weekly 737-800 service starting on March 14;
Istanbul Atatürk to Mosul: 3x-weekly 737-800 service has started on October 13;
Istanbul Atatürk to Sanaa: 2x-weekly non-stop 737-800 service resuming on March 27 (replacing 1-stops via Riyadh);
Istanbul Atatürk to Tripoli International: 11x-weekly 737-800 service has resumed on September 24.
It has entered into bilateral code share agreements with Star (SAL) Alliance partners Ethiopian Airlines (ETH), (TAM) Linhas Aéreas (TPR), and Thai Airways International (TII). (THY) has announced its interest in adding Bremen, Leipzig/Halle, Mogadishu, and Ulaanbaatar to its network in 2012.
(THY) Turkish Cargo started 2x-weekly, Istanbul Ataturk to Mitiga, Libya service January 8. Depending on demand, the flights will be operated with either an A310F or an A330-200F.
(THY) also aims to carry 17.2 million domestic and 21 million international passengers next year, with revenues of TL14.6 billion/$7.6 billion and a load factor of 73.6% LF. (THY) plans to add 18 airplanes to its fleet.
(THY) has equipped its 1st 777-300ER with Wi-Fi Internet connectivity in all cabins and plans to expand the service to 11 777-300ERs and 10 A330-300 airplanes in its fleet “as quickly as possible.” (THY) added high-speed Wi-Fi broadband Internet access to its existing live in-flight television service using Panasonic Avionics Corporation’s (IFE) platform, "Planet." (THY) launched live television with a variety of programming on its 777-300ER transatlantic flights in September.
(THY) passengers can access high-speed, unlimited Internet with laptops, tablets, smartphones or any other device that is WLAN-enabled. Business (C) travelers can also access their company’s virtual private network.
The high-speed Internet service will initially be offered for free. After an introductory period, the service will be available for credit card purchase on board the airplanes.
Turkish Technic signed a 1-year wheel and tire services agreement with Air Bishkek (KGZ) covering its A320 fleet, plus the overhaul of 1 set of A320 landing gear. Turkish Technic has signed an agreement with 328 Design GmbH to work together on “design projects.” The 328 group has >200 supplementary Technical Changes (TC)’s on various airplane types, including the A320.
(THY) carried 32.6 million passengers in 2011, an increase of +12% over 2010, and aims to carry 38.2 million this year with revenue expected to reach $7.67 million.
(THY) took 4 months to gather some 18,000 photos of employees to decorate a 737-800 (TC-JHL) in a "Globally Yours" as a morale booster
SEE PHOTO - "THY-2012-01 - GLOBALLY YOURS 737-800."
(THY) has taken delivery of its 1st 2 737-9F2ERs.
February 2012: Turkish Airlines (THY) will increase its Istanbul - New York (JFK) service from 2X- to 3X-daily from May 28 through September 16. The additional flights will be operated with A330-300 and 777 airplanes. (THY) will increase its 2X-daily, Istanbul - New York (JFK) service to 3X-daily between May 28 to September 16. (THY) will increase 5X-weekly, Istanbul Ataturk - Birmingham service to daily March 25.
Turkish Technic, a wholly owned subsidiary of Turkish Airlines (THY), will open the first phase of its new Maintenance Repair & Overhaul (MRO) center at Istanbul Sabiha Gokcen (SAW) in early summer. Including its facilities at Istanbul Ataturk (IST), Turkish Technic will double its (MRO) capacity.
General Manager, Ismail Demir said the first phase of the new $500 million (MRO) center, dubbed (HABOM), will include an 11- bay narrow body hangar. The second phase will include a three-bay wide body hangar, and will be open by the “last quarter of this year.” It is a few years behind the original schedule.
The complete infrastructure is about 375,000 sq m. Demir said that “less than <60,000 sq m will be for the hangars,” and “100,000 sq m will be dedicated for component workshops.” Turkish Technic has about 4,000 employees.
Demir has no doubt the new facility will be filled to capacity. Currently 75% of its business comes from (THY), but this should change to 50/50 by increasing third-party customers, he said.
Demir said Turkish Technic wants to become one of the five best (MRO) companies worldwide.
In 2011, Turkish Technik generated a turnover of $450 million (excluding its five joint ventures). For 2012, Demir expects the same numbers but “maybe $10 million more. We are in transition; I can’t handle more airplanes because of the limited capacity.”
March 2012: Turkish Airlines (THY) became the first major commercial airline in decades to offer air services to Somalia’s Mogadishu airport (MGQ) on 6 March. The 2x-weekly service will be operated as an extension of the Istanbul Atatürk (IST) to Khartoum (KRT) service, which (THY) has offered since April 2006. (THY)’s 167-seat 737-800 equipment will be deployed on the route. The service comes after last year’s visit by the Turkish Prime Minister Recep Tayyip Erdo, who “wanted to challenge the notion that Somalia was a no-go area”. For many years, Somalia’s unrest served as a deterrent for airlines, with Kenya Express’ flights to Nairobi and Daallo Airlines’ Djibouti service, offered since 2004 and 2011 respectively, being the country’s only international links. No Western carrier has served the country since Alitalia (ALI) dropped its Rome Fiumicino to Mogadishu via Addis Ababa link in 1985.
(THY) expanded its Russian network on March 14 when (THY) launched its 8th route out of its Istanbul Atatürk (IST) hub to Russia. (THY) now flies 3x-weekly with 167Y-seat 737-800s to Novosibirsk (OVB), the Siberian airport. Prior to this launch, (THY) already served Moscow (Sheremetyevo, about to move to Vnukovo), St Petersburg, Ufa, Yekaterinburg, Sochi, Rostov and Kazan. Flights on the new 4,200 km route operate overnight, departing Istanbul on Wednesdays, Fridays and Sundays, and returning from Novosibirsk the following morning.
(THY) will now also suspend all of its Istanbul Atatürk/Yesilköy International (IST) - Damascus (DAM) services from April 1. Fewer and fewer international carriers are serving Syria with Gulf Air (GUL), Qatar Airways (QTA), Saudi Arabian Airlines (SVA) and Tunisair (TUN) also having recently withdrawn its services to the country.
UTair (TYU) has signed a code share agreement with Turkish Airlines (THY. The agreement gives (TYU) access to (THY)’s 129 destinations including domestic flights starting at Istanbul Ataturk (IST).
From March 25, (THY) will transfer all flights from Istanbul, Ankara and Antalya to Moscow from Sheremetyevo (SVO) and Domodedovo (DME) to Vnukovo (VKO).
(TYU) is headquartered in Tyumen, Western Siberia, and (VKO) is 1 of its base airports. (TYU) (CEO) Andrey Martirosov said (TYU), which carried >1 million passengers between the countries on charter flights should begin to see these charter flight customers book scheduled flights. After Lufthansa (DLH) announced it would transfer several flights between Germany and Moscow from (DME) to (VKO), market experts said the move could set the stage for (TYU) to become a future Star (SAL) Alliance member. (THY) has become the 2nd biggest Star (SAL) Alliance carrier to move to (VKO). (THY) (CEO) Temel Kotil said he would be happy to invite (TYU) into the Star (SAL) Alliance.
(TYU), Russia’s third largest carrier, increased its 2011 traffic 31.3% to 5.8 million people. Martirosov said in 2012, it plans to nearly double this number.
Turkish Technic, a wholly owned subsidiary of Turkish Airlines (THY), is looking beyond its borders for Maintenance Repair & Overhaul (MRO) joint ventures as its new state-of-the-art (MRO) facility in Istanbul Sabiha Gokcen nears opening this summer.
General Manager, Ismail Demir said that discussions with potential (MRO) providers are ongoing in areas including Eastern Europe and Russia. “We are really busy here in Istanbul,” he said, noting that Turkish Technik must expand to position itself to be a global player. He believes regions that create synergies with the company include Russia and the (CIS), the Middle East, North Africa and Central Asia.
April 2012: Turkish Airlines (THY) will launch 4x-weekly, Istanbul Ataturk (IST) to Edinburgh service on July 16, and 3x-weekly, (IST) to Kigali to Entebbe to Istanbul service from May 16. (THY) launched 4x-weekly, Istanbul Ataturk to Bremen service, increasing to daily on May 28.
Overall, when looking at the Turkey’s statistics, the total capacity offered between Turkey and Eastern Europe (218,987 seats per week) is only half that of capacity offered to Western Europe (444,425). Currently, Turkey still offers more services to Western Europe than Eastern Europe, but this gap is set to reduce.
(THY)'s strategy on Eastern Europe is expanding in the region not only with its own flights but also with code share agreements with carriers in the region, such as last month's link with Russia’s UTair (TYU). (THY) is also planning to increase its influence in the region and is currently in talks with the Polish Government to potentially acquire national carrier (LOT) Polish Airlines. (THY) already has a 49% stake in Bosnia and Herzegovina’s B & H Airlines (BOS), while having managerial control of the airline.
(THY) according to Bosnia and Herzegovina's Transportation Minister is considering putting its 49% stake in B & H Airlines (BOS) up for sale or handing it back to the government which holds the other 51% in the struggling Bosnian national carrier. The 2 parties have been constantly fighting about the airline's direction somewhat publicly over the last couple of months.
Pratt & Whitney (PRW) Global Service Partners' Turkish Engine Center has delivered its 100th overhauled (CFM56) engine to Turkish Airlines (THY).
May 2012: JetBlue Airways (JBL) and Turkish Airlines (THY) have announced an interline agreement connecting their networks at New York (JFK) and Washington Dulles (IAD).
"With service from Washington, plus three daily flights from (JFK) to Istanbul and beyond, our new partnership with this respected carrier will allow JetBlue (JBL) customers to travel virtually anywhere on Earth with a single ticket," (JBL) (CCO) Robin Hayes said.
(THY) will add 3x-daily, Istanbul to (JFK) service this summer. It also serves Chicago O’Hare and Los Angeles. (THY) launched 3x-weekly, Istanbul to Kigali to Entebbe to Istanbul service. "We believe that this new partnership will boost traffic between Turkey and the USA with (JBL)'s wide-ranging network via New York's John F Kennedy International Airport and Washington Dulles International Airport,” (THY) Chief Investment & Technology Officer Ahmet Bolat said.
(THY), which has been in negotiations with (LOT) Polish Airlines about buying a stake in (LOT), is close to finalizing a decision. “Within one month from now, (THY) will decide if the investment in (LOT) will happen or not,” a (THY) spokesperson in Istanbul confirmed.
(CEO) Temel Kotil said previously that (THY), which is based out of Istanbul Ataturk (IST), is looking to expand beyond one hub. “It has been proven that a multi-hub system can work (for THY),” he said, adding that if (THY) decides to invest in (LOT), then (IST) and Warsaw could operate as a dual hub system. (THY) would also restructure (LOT). “Everything (LOT) needs from us, we can help,” Kotil added.
Kotil said in January that (THY) is targeting 38 million passengers and $8 billion in 2012.
(THY) starts flying from Istanbul Atatürk Airport to Rwanda’s capital Kigali. (THY) will launch will launch 3x-weekly, Istanbul to Tallinn service.
Turkish (THY) Technic has signed a 5-year component pool services agreement with Onur Air (ONU) covering its 22 A320 family airplanes. The contract includes access to all Turkish Technic component stocks, logistic support, engineering support and shop visits for A320 Family airplane components.
June 2012: Turkish Airlines (THY) will double its African destinations by 2013 as it continues to develop the African market.
(THY) (CEO), Temel Kotil said (THY) now serves 20 cities in Africa. “By the end of this year we [will] go to 30 destinations in Africa. We [would] like to have 40 next year,” Kotil said, adding that (THY) will operate mainly 737-800s and 737-900ERs to the African continent.
Kotil said (THY) is working on airplane orders for further growth and will make a decision later this year.
Due to capacity limits at its Istanbul hub, Kotil said (THY) needs bigger volume airplanes such as the 747-8 or the A380. “We need a bigger machine than the 777-300ERs, no narrow bodies,” he said, pointing out (THY) will take delivery of its 200th airplane this year. “Currently the number holds at 185,” he said.
Kotil also said (THY) has joined the Latin American and Caribbean Air Transport Association as it seeks to expand its presence in the Latin American and the Caribbean region.
(THY) is considering acquiring regional jets to add further destinations from its growing Istanbul Atatürk/Yesilköy International airport (IST) hub, where (THY)'s smallest airplanes currently are A319-100s.
Turkish Airlines (THY) will launch 3x-weekly, Istanbul Ataturk (IST) to Houston 777 services from April 1, its 4th destination in the USA. Due to strong demand between (IST) and New York (JFK), (THY) has introduced a 3rd daily, (IST) to (JFK) seasonal flight from May 28 to September 16, using A330-300/777-300ERs.
(THY) has decided to transfer all remaining international routes of its low-cost division, AnadoluJet (ANJ) back to its mainline operation from June 9. As part of the exercise it has also moved the 2 A320-100/A320-200 airplanes (3259, TC-JAI; and 3308, TC-JBI) operated in AnadoluJet (ANJ) colors back to its own operation. The remaining routes are from Ankara Esenboga to Amsterdam Schiphol (AMS), Brussels National Zaventem (BRU), Cologne/Bonn Konrad Adenauer (CGN), Dusseldorf International (DUS), Moscow Vnukovo International (VKO), Stockholm Arlanda (ARN), Tehran Imam Khomeini International (IKA) and Vienna International (VIE) airports.
On 13 June, (THY) began operating 2x-weekly to the German capital, serving Berlin Tegel (TXL) with A320 airplanes. Flights are scheduled to operate seasonally until September 29.
B & H Airlines (BOS) is looking for a new strategic investor with the help of its majority owner, the government of Bosnia and Herzegovina, that would be willing to take over the 49% stake Turkish Airlines (THY) holds in the struggling (BOS) currently only operating a single ATR 72-200. Buraq Air (BUQ) is reportedly 1 of the potential investors. (THY) has pulled out of the partnership with the government after the 2 parties had been unable to find agreement on key strategic questions for months now.
(THY) is planning to end its partnership with B & H Airlines (BOS) by disposing of its 49% stake in the carrier. (THY) became a (BOS) shareholder in December 2008, when it took a 49% stake from the Bosnia and Herzegovina government as part of a recapitalization of the airline.
However, (THY) said its board has now decided to “end its partnership with (BOS),” adding that “a share transfer agreement will be signed with the Government of Federation of Bosnia and Herzegovina.”
(THY) did not specify reasons for the decision, but indicated the agreement will cover its entire 49% stake.
(BOS) was established in 1994 under the name Air Bosna.
Turkish (THY) Technic signed a landing gear maintenance services agreement with Atlasjet (ABE) covering 3 sets of A321 family landing gear. Landing gear removal and installation and landing gear overhaul activities will be carried at Turkish (THY) Technic’s Istanbul facilities.
(THY) has opted for Lufthansa Systems (LHS)'s Lido/(FMS) database and the Lido/RouteManual navigation charts. The paper-based charts will be replaced by the electronic charts (Lido/eRouteManual) at a later time. From the very beginning, (THY) will be using Lido/iRouteManual for tablet computers in addition to the paper charts. The contract signed by the 2 companies has a term of 5 years.
The Lido/Flight Management System (FMS) database contains all important route information including altitude and airport data to enable the use of optimized routes on board modern airplanes. The navigation data, which are based on global aeronautical information, are updated every 28 days according to the (AIRAC) cycle. The Lido/(FMS) database also contains important data to ensure the most efficient engine power levels, ultimately resulting in fuel savings. The data can be tailored individually to the respective airplane model and route. The paper-based Lido/RouteManual chart solution and its electronic counterpart Lido/eRouteManual provide (THY) with navigation charts for take-off and landing procedures as well as airport and route charts. Generated directly from the Lido navigation database, the charts contain all important route information such as altitude and airport data. They display true-to-scale geographic information including terrain features and rivers. The electronic solution Lido/eRouteManual offers faster and easier updating and makes it possible to plan routes more efficiently.
“Our pilots (FC) rely on the high-quality and up-to-date Lido/(FMS) data from Lufthansa Systems (LHS) to optimize their navigation,” said Captain Volkan Acar, Flight Standards Manager at (THY). “The navigation charts generated from these data enable us to plan routes quickly and efficiently.”
July 2012: Turkish Airlines (THY) launched 3x-weekly, Istanbul Ataturk to Bishkek to Ulan Bator service on July 3. (THY) launched 4x-weekly Istanbul Ataturk (IST) to Edinburgh service on July 16 and launches 4x-weekly, (IST) to Gence to Nakhichevan service on July 31.
737-9F2ER (40979, TC-JYE), ex-(N981TK), delivery.
August 2012: Turkish Airlines (THY) has expanded its network to Azerbaijan from its Istanbul Atatürk (IST) hub by complementing its services to the country capital Baku with new operations to 2 further destinations in the country. On July 31, (THY) launched operations to Ganja (KVD), Azerbaijan’s 2nd-largest city, but from August 2, the route is operated via the exclave Nakhchivan (NAJ) on the outbound sector, adding yet another destination to (THY)’s network. The triangular route is operated 3x-weekly with (THY)’s 124-seat A319s.
(THY) has launched 4x-weekly, Istanbul Ataturk to Nakhichevan to Gence Azerbaijan service.
Turkish (THY) Technic named Altan Büyükyilmaz Executive VP, Commercial Affairs. He previously served as VP Sales & Marketing and then as (CEO) of (BH) Airlines.
Global Logistics System was selected by Turkish (THY) Cargo as its regional gateway to transmit electronic air waybill data from its agents in Asia-Pacific and Central Asia, supported by e-freight engine EzyCargo.
September 2012: Turkish Airlines (THY) reported a 1st-half net profit of +TRY164 million/+$90 million, reversed from a -TRY544 million loss year-over-year.
(THY) contributed the turnaround to significantly stronger 1st- and 2nd-quarter results compared to the same periods last year. Despite a 1st-quarter loss of almost -THY30 million due to seasonal factors, strong performance in the 2nd quarter pushed net operating profit to +TRY271 million, resulting in a 1st-half +TRY52 million net operating profit.
During the period, sales revenue increased +36% to TRY6.7 billion, and passenger numbers were up 20% to 18 million. (ASK)s and (RPK)s increased +19% and +24%, respectively, while load factor was up +5.7 points to 75.2% LF.
In the 1st half, (THY) added 8 international destinations, increasing the number to 157. It also added 19 airplanes to its fleet, for a total of 194, comprising 151 narrow body, 37 wide body and 6 cargo airplanes.
(THY) further expanded its network to Africa on August 27 as (THY) connected its Istanbul Atatürk (IST) hub with Kinshasa (FIH), capital of the Democratic Republic of the Congo. Flights operate 4x-weekly, on Mondays, Wednesdays, Fridays and Sundays, with 151-seat 737-900ER airplanes, increasing to 5x-weekly after a month’s operations. Istanbul thereby becomes the 3rd European city to be connected with Kinshasa after Brussels (Brussels Airlines (DAT)/(EBA)) and Paris (AirFrance (AFA)).
(THY) launched 2x-weekly, Istanbul Ataturk (IST) to Djibouti to Mogadishu service on September 4 and will launch 3x-weekly, (IST) to Sana'a to Aden service on October 1, increasing to 4x-weekly on October 28.
(THY) commenced 3x-weekly flights on the route from Istanbul Atatürk (IST) to Sebha (SEB) in the SW of Libya. Flights on the 2,000 km route will be offered with (THY)’s 159-seat A320 airplanes on Tuesdays, Thursdays and Sundays. (THY) already serve 3 other destinations in the North African country (Tripoli, Misrata and Benghazi).
October 2012: Turkish Airlines (THY) expanded its Middle Eastern network on October 2, adding its 2nd destination in Yemen. (THY)’s 3x-weekly flights from Istanbul Atatürk (IST) to Sana’a now continue via Yemen’s port city Aden (ADE) on the return. The route is operated with 124Y-seat A319s and frequencies are set to increase to 4x-weekly at the start of the winter scheduling season.
(THY) will launch Istanbul (IST) service to Sebha, Libya (3x-weekly on October 7), Sharm el Sheikh (4x-weekly on October 9), and Hurghada, Egypt (3x-weekly on October 17).
The European Union (EU) has banned Syrian airlines from landing at any of its 27 (EU) member airports. The (EU) adopted the new sanctions to further increase pressure on Syrian President Bashar Assad’s regime over his government’s violence.
The sanctions do not ban Syrian Arab Airlines (SYR) from flying over (EU) airspace and excludes emergency landings. (SYR) is the only Syrian carrier operating flights to Europe.
Turkey has banned all Syrian airplanes from its airspace. Earlier this month, a (SYR) A320 was forced to land at Ankara after it was intercepted by Turkish Air Force fighter jets.
Turkish Airlines (THY), which is banned from flying into or over Syrian airspace, is also affected. (THY) (CEO) Temel Kotil said “The detour around Syria has marginally affected us, but of course it hurts our business in Syria a lot, as flights to Damascus have stopped.”
The (EU) has also imposed a ban on Syrian cargo flights and inspections on airplanes suspected of carrying arms to Syria.
The Turkish government is moving forward with plans for a 3rd airport in Istanbul, joining Istanbul Ataturk (IST) and Istanbul Sabiha Gökçen. The proposed new airport, which would include 5 runways, would handle about 100 million passengers annually. The 1st phase should be completed by 2016; the 2nd phase should open by 2023, expanding capacity to 150 million passengers.
(THY) (CEO) Temel Kotil said (THY) helped motivate the government to plan for the new airport. He declined to comment on the expected cost of the new airport, saying it would be “close to double-digit billion USA dollars and is 1 of the biggest private investments [in Turkey].” “What the government is expecting, is not only a base for (THY), but also a hub for other airlines, becoming the 1st entry point from Asian airlines into Europe,” he said. Offering a new infrastructure, airlines will benefit in terms of quality and of costs. For example, Asian carriers could feed traffic more efficiently to/from European or African destinations via Istanbul.
Turkish (THY) Technic signed a "C" Check maintenance services agreement with Airblue Limited (ABU) covering 1 A319.
(THY) has ordered 15 A330-300s. The order is valued at $3.5 billion at list prices. Four A330-300s should be delivered in 2014, 6 in 2015 and 5 in 2016.
(THY) is also considering options for 5 more A330-300s as well as a possible order for more 777-300ERs.
According to (THY)’s website, it operates 10 A330-300s, 7 A330-200s, 2 A330-200Fs and 12 777-300ERs. (THY) has a total fleet of 187 airplanes.
Turkish Airlines (THY) needs to double in size by 2020, (CEO) Temel Kotil said. (Thy), which is about to take delivery of its 200th airplane (its 9th 737-900ER) has opened 32 new routes this year, but needs to increase frequencies from 1,000 to 2,000 flights per day by 2020. “Otherwise our network will suffer,” he said.
(THY) will fly to 180 international and 35 domestic destinations by year end. In 2013, it plans to grow to 197 international and 36 domestic destinations.
(THY) is targeting 38.2 million passengers this year, up from 32.6 million in 2011. Transfer traffic at its Istanbul Ataturk hub (IST) should rise to nearly 8 million this year from 6.2 million in 2011.
"Ratio-wise, our long-haul fleet should increase,” Kotil said.
Kotil said (THY)’s future fleet could include the A380 and 747-8I, “but they are not on the [front burner] right now.” He declined to give details about possible future orders, but said (THY) is also looking at the A330 and 777. “By 2020, (THY) should have 400 airplanes,” he said.
Next year, (THY) will take delivery of 1 737-900ER, 6 737-800s, 9 A321-200s and 2 A330-200Fs. In 2014, 10 additional airplanes will join the fleet, with 5 to follow in 2015.
Kotil expects (THY)’s operating profit to grow this year from +$159 million in 2011. “Next year doesn’t look difficult,” he said. “If you are making a profit, you can play with the company. Growing [within our (IST) hub] is easy. As we pass the critical [geographical] mass, we can do whatever we want,” Kotil said.
(THY) announced a commitment to order 15 777-300ERs. The order has a list price of $4.7 billion, though data from airplane valuation firm, Avitas pegs the value after discounts at about $2.5 billion. The commitment also includes options for 5 777-300ERs.
November 2012: Turkish Airlines (THY) has reported a 9-month net profit of +TRY868 million/+$481.6 million, up +655% over the same period in 2011.
Revenue increased +30% to TRY11.2 billion and operating profit was +TRY1.08 billion. (THY) returned to profit in its 2012 1st-half results.
(RPK)s rose +27% and (ASK) +19% producing a load factor of 77.9% LF, up +5.3 points.
(THY) is evaluating several financing alternatives for doubling its fleet to 400 airplanes by 2020. "Reuters" is reporting that (THY) is in talks with banks about a leasing arrangement worth around $300 to $500 million to help fund its orders from 2014 for each transaction.
“In addition to the conventional financing methods, (THY) is looking for innovative and different alternatives of financing for airplanes,” spokesperson Ali Genc confirmed. “This is not limited to Enhanced Equipment Trust Certificates (EETCs), Sukuk (Islamic bonds) and Eurobond, which we have also investigated,” the spokesperson said, adding that no board decision has been made.
(THY) (CEO) Temel Kotil said recently that every airplane will be financed for about 12 years, mostly via finance lease. (THY) declined to comment about the financial volume of such a deal.
Last month, (THY) announced an order for 15 777-300ERs and 5 options, as well as an order for 15 A330-300s.
(THY) operates 200 airplanes with an average age of 6 years.
(THY) carried 29.1 million passengers, up +20%. International transfer passengers increased by +46% and accounted for 41.8% of passengers carried.
(THY) has launched +21 new international destinations this year.
(THY) has delayed plans to launch Istanbul Ataturk to Australia services because of the Qantas (QF) - Emirates (EAD tie-up.
(THY) (CEO) Temel Kotil said (THY) has “less of an appetite” to operate to Australia because of the (QAN) - (EAD) link. “Because they (QAN)/(EAD) will feed Europe, we pushed [the plan] a bit backward,” Kotil said, without giving details on a new timeline.
Kotil said the (QAN)/(EAD) deal was expected “because it is natural they are working together.”
Kotil said (THY) will stay with the Star (SAL) Alliance and sees no need to have closer ties to 1 of the Gulf Carriers to Australia. “No. We want to cooperate with someone far away [an airline based in the Far East],” Kotil said. “We support our (SAL) alliance members. But we will [enter into] a cooperation with others [non-members] if we don’t have a conflict [with the (SAL) alliance].”
(DLH) and (THY) are in talks about a stronger partnership, the 2 (CEO)s confirmed. (THY) (CEO) Temel Kotil said the discussions are in the early stages.
Earlier this month, several news agencies reported that Germany’s Chancellor, Angela Merkel and Turkey’s Prime Minister, Tayyip Erdogan were in discussions about a possible partnership between Lufthansa (DLH) and Turkish Airlines (THY). Erdogan was quoted as saying he has agreed to a proposal by Merkel to establish joint management of the two carriers.
(DLH) Chairman & (CEO) Christoph Franz confirmed the 2 airlines are in “ongoing talks to see if there any other possibilities of deepening the cooperation,” but declined to mention specific topics. “We cannot say anything concrete at this point in time,” he said.
Franz said the 2 carriers have had a close cooperation for “>20 years, which have deepened during the period,” such as the SunExpress (SNS) joint venture and (DLH)’s sponsorship of (THY) into the Star (SAL) Alliance. (THY) continues its world-wide expansion with services from Istanbul Atatürk (IST) hub to the Maldivian capital of Malé (MLE). Beginning on November 25, (THY) offers 5x-weekly services on this 6,000 km routing. Flights are operated with A330-200s and (THY) is the sole carrier to serve the route. In addition, on the following day, (THY) grew its offering in the domestic market with the launch of the competition-free service from the Turkish capital to Kutahya (KZR) in the NW of the country. 4x-weekly services on the route are now operated with variable narrow body equipment.
(THY) has done a deal with (GE) Aviation (GEC) to provide engines for its new A330-300s and 777-300ERs. A $1.4 billion contract covers (GE90-115B)s to power the 777-300ERs and a long-term "OnPoint" maintenance agreement. (THY) in October ordered 15 777-300ERs with options for +5, scheduled for delivery beginning in 2014. The (GE90) is the only engine available for the 777-300ER.
A separate $1 billion deal covers (CF6-80E) engines to power the 15 A330-300s that (THY) also ordered in October. The (CF6) deal includes a 12-year OnPoint maintenance agreement.
A330-300 customers can choose between (GE), Pratt & Whitney (PRW) or Rolls-Royce (RRC) engines.
(THY) has also taken delivery of its 200th airplane, a 737-9F2ER (40985, TC-JYI).
SEE ATTACHED PHOTO - - "THY-737-9F2ER - 2012-11") and (THY) placed orders for new airplanes, including A330-300s and 777-300ERs.
December 2012: Air Canada (ACN) and Turkish Airlines (THY) will launch a code share agreement in the 2nd quarter 2013. The agreement will include (ACN) placing its code on (THY)'s Toronto to Istanbul service and on destinations in the Middle East and Africa region. (THY) will place its code on (ACN) service between Toronto and Istanbul.
This month, (THY) will start flying to 2 more African cities, consisting of Istanbul to Niamey in the Central African Republic, with onward connection to Nouakchott in Mauritania. These 2 Saharan desert nearby nations are among the world's poorest, with very small amounts of tourism and business travel. Nevertheless, some passengers (such as economic development officials and air workers) have to get there somehow and will pay a premium to do so. For instance, Mauritania, does have some offshore oil activity too, although it's hardly a major global energy contributor.
By contrast, Iran is most definitely a "major global energy" supplier, despite the international sanctions on its exports, and it also shares a country border with Turkey, which makes (THY) all the more eager to develop a network there. So later this month, (THY) will start Istanbul flights to Kermanshah and Isfahan, each 2x-weekly. (THY) is focusing less on flight frequency and more on adding new points to its network, which makes sense for remote markets where any service by a reputable airline, however infrequent, is a welcome development for travelers.
Later this month, (THY) inaugurated its 5x-weekly, 737-900ER Istanbul to Kilimanjaro to Mombasa to Ataturk flights, bringing the number of destinations in Africa to 33. (CEO) Temel Kotil said, “Soon our network in Africa will show 40 destinations. In all, 50 cities will be served from Ataturk, which is a good number.”
(THY) is considering new routes from Ataturk to destinations that include Luanda (Angola), Asmara (Eritrea), Ouagadougou (Burkina Faso), Niamey (Niger), Bamako, N´Djamena (Tchad) Sebha (Libya), Juba (South Sudan), Libreville (Gabon), Yaounde or Douala (Cameroon). “We strongly believe in Africa. Now we are focusing on secondary cities such as Hargeisa, Somalia,” Kotil said, acknowledging that every future destination in Africa will be served a minimum of 2x-daily with some cities seeing 3x-daily.
(THY) will base 30 General Managers throughout the African network, which includes nearly 300 employees.
Kotil said 8% of (THY)’s global passenger traffic will be created on African routes. He is “not interested in the intra-African market, which is too complicated for us.” Growing in Africa is essential for (THY)’s network, he said.
(THY) has added more destinations to its network from Istanbul Ataturk. The new destinations include Buenos Aires (Argentina), Sebha (Libya), Niamey (Niger), Ouagadougou (Burkina Faso), Yaounde and Douala (Cameroon), as well as Isfahan (Iran).
(THY) now flies to 214 destinations in 94 countries.
On the long-haul route sector, (THY) will add several new destinations next year, including Havana and Mexico City. (THY) is considering more long-haul routes, which could include destinations like Bogota or Panama City.
(CEO) Temel Kotil said that 300 destinations by 2015 “will be the absolute limit. More will be not possible. We will also increase frequencies throughout our network.” He expects to add +20 to +25 new destinations per year.
Looking ahead, Kotil said, “In 2013, we face a lack of 5 long-haul airplanes” and is “talking with lessors regarding additional A330s or 777s.”
Turkish (THY) Technic signed a 5-year agreement with Azerbaijan Airlines (AHY) for 10 sets of A320 family landing gear overhaul services.
(THY) finalized a firm $4.7 billion order for 15 777-300ERs. The order (originally announced as a commitment in October) includes options for an additional 5 777-300ERs. The order is the largest airframe order placed in (THY)’ history, as (THY) looks to add to its fleet and keep up with the projected growth in commercial passenger demand in the Middle East over the next decade.
The following is a 2012 end-of-year summary of Turkish Airlines (THY). Some focus on the changes in the last 5 years are highlighted:
SEE ATTACHED - - "THY-2012-12 - LAST 5 YRS PROGRESS."
Turkish Airlines (THY) is Europe’s 3rd largest carrier by passenger traffic, and currently operates approximately 850 flights a day to 205 destinations with a fleet of 194 passenger airplanes, according to data from www.ch-aviation.ch. It has been capitalizing on its equally well positioned hub to capture a massively growing number of transfer traffic from Europe to Africa, Central Asia, the Middle East, and the remainder of Asia. Similar to the 3 major carriers in the Arabian Gulf (Emirates (EAD), Etihad (EHD), and Qatar Airways (QTA)), (THY) brings together a combination of a lower cost base (thanks to Turkey’s relatively cheap labor), its advantageous geographical position, strong inbound tourism demand, and aviation friendly government policies (the Turkish government still owns a large minority share of approximately 49% in (THY)). Although the country has also been hit by the recession which followed the beginning of the world’s financial crisis, it has reversed its negative Gross Domestic Product (GDP) growth rate of -4.8% in 2009 growing 9.2% in 2010 and 8.5% in 2011 according to the World Bank. Unlike Emirates (EAD), Etihad (EHD), and Qatar Airways (QTA), (THY) is able to capitalize on its (GDP) growth on its domestic market in Turkey. Solely on its domestic services from Istanbul Atatürk, (THY) has increased its available capacity by +26.8% between December 2007 and December 2012, offering 801 weekly departures to 32 destinations this month.
To a large extent, (THY) still is a short-haul carrier serving Europe, Central Asia, the Middle East, and Northern Africa. However, with its already delivered and still outstanding long-haul airplane orders, this is changing. (THY) has made a massive push into Africa during the last 2 to 3 years, and is quickly establishing itself as a major force in many markets. It is thereby making use of the geographically more advantageous location of Istanbul for connections from Europe to Africa. Between December 2007 and December 2012 weekly flight frequency from Istanbul to Africa increased more than fourfold from 30 to 153.
Within this time period (last 5 years), (THY) has doubled its fleet from 92 to 194 passenger airplanes (growing its long-haul and short-haul fleets in a similar fashion) including the 737-700s and 737-800s operated under the AnadoluJet (ANJ) brand on domestic low-cost carrier (LCC) services. It has just recently announced that it has given up plans to order A380-800s or 747-8s, instead opting for another +100 narrow body airplanes to be ordered before the end of 2012 or in early 2013. This move underlines its strategy of increasing the short- to medium-haul business in line with its long-haul services. 15 additional A330-300s and 777-300ERs will bring its long-haul fleet to 63 airplanes by 2017 according to current plans (assuming the retirement of its ageing A340-300s).
It is obvious that (THY) as “Europe’s Best Airline” (Skytrax Award 2011 & 2012) and with its network and strategy, it is already a feared rival to the Middle East carriers. Should the contemplated tie-up between (THY) (one of the fastest growing airlines in the world) and Lufthansa (DLH) (Europe’s largest airline in terms of passengers carried) really become true, it would constitute the 2nd largest airline group after Delta Air Lines (DAL) based on capacity, with roughly 3.8 million weekly seats compared to 3.9 million for (DAL). (THY)’s (CEO) Temil Kotil wants to get to a decision regarding the possible close alliance within the 1st quarter of 2013.
Turkish Airlines (THY) made the following network changes by Continent (Routes from Istanbul Atatürk only):
AFRICA (19 +4):
Added (19): Abidjan, Accra, Alexandria, Benghazi, Dakar, Dar es Salaam, Djibouti, Entebbe, Hurghada, Kigali, Kilimanjaro, Kinshasa, Misurata, Mombasa, Mogadishu, Nairobi, Nouakchott, Sebha, Sharm el Sheikh
Future Additions (4): Douala, Niamey, Ouagadougou, Yaoundé.
SEE ATTACHED MAP - - "THY-ROUTE MAP AFRICA-2012-12."
ASIA (24 +2):
Added (10): Aden, Aleppo, Baghdad, Basra, Dammam, Dhaka, Erbil, Guangzhou, Ho Chi Minh City, Islamabad, Jakarta*, Kabul, Madinah, Mashad, Malé, Mosul, Najaf, Novosibirsk, Osh, Shiraz, Sulaymaniyah, Taif, Ulaanbaatar, Yanbu.
Future Additions (2): Isfahan, Kermanshah.
* Turkish Airlines has launched Singapore-Jakarta as an extension to its Singapore route from Istanbul Atatürk, the route has been intentionally removed from the map above to make its size fit this format.
SEE ATTACHED MAP - - "THY-ROUTE MAP ASIA-2012-12."
EUROPE (21 +1):
Added (23): Aalborg, Adler/Sochi, Bilbao, Billund, Birmingham, Bologna, Bremen, Edinburgh, Genoa, Gothenburg, Gyandzha, Leipzig/Halle, London Gatwick, Lviv, Malaga, Nakhichevan, Naples, Podgorica, Thessaloniki, Toulouse, Turin, Ufa, Valencia.
Dropped (2): London Stansted, Strasbourg.
Future Additions (1): Santiago de Compostela.
Turkey (4) - Added (4): Amasya, Hatay, Igdir, Küthaya, Sinop.
Dropped (1): Eskisehir
SEE ATTACHED MAP - - "THY-ROUTE MAP EUROPE-2012-12."
NORTH AMERICA (3 +1):
Added (3): Los Angeles, Toronto, Washington D.C..
Future Additions (1): Houston.
SEE ATTACHED MAP - - "THY-ROUTE MAP NORTH AMERICA-2012-12."
SOUTH AMERICA (1 +1):
Added (1): Sao Paulo.
Future Additions (1): Buenos Aires.
On December 11, Turkish Airlines (THY) extended its existing route from Istanbul to São Paulo Guarulhos (GUR), with flights to Buenos Aires Ezeiza (EZE). These 777-300ER-operated services are now offered with 4x-weekly frequencies in competition with (TAM) (TPR) (14x-weekly flights), (LAN) (14x-), Mercosur (14x-), (GOL) (GOT) (13x-), Aerolineas Argentinas (ARG) (7x-) and Qatar Airways (QTA) (7x-).
SEE ATTACHED MAP - - "THY-ROUTE MAP SOUTH AMERICA-2012-12."
January 2013: Turkish Airlines (THY) expanded its presence in Iran in the last month of 2012, as it launched 2x-weekly services each to Isfahan (IFN) and Kermanshah (KSH), respectively on Decedmber 19 and 26. (THY) now offers a total of 6 destinations in Iran from Istanbul Atatürk (IST). In addition, (THY) added Cameroon as the 96th country it serves from its Istanbul hub, and now offers 4x-weekly flights to Douala (DLA), the country’s largest port city, via the capital Yaoundé (NSI) on the outward leg.
(THY) (THY) plans to launch flights to the Colombian capital, Bogota, as well as Aqaba in Jordan, and Bamako in Mali. (THY) said in a brief stock market statement that it plans to begin scheduled flights to all three destinations based on airplane availability and obtaining route authorization. No details on likely launch dates have been released. Bogota is the home base of (THY)'s new Star (SAL) Alliance partner, AviancaTaca (AVI)/(TAC). Presently, there is currently no scheduled service linking Istanbul and Bogota.
(THY) is planning to lease 7 777-300ERs from an airplane lessor or another airline from next May according to a report by Turkish newspaper "Hurriyet." (THY) currently already operates 13 777-300ERs and has another 15 777-300ERs on order for deliveries between 2014 and 2017 but according to "Hurriyet" needs more wide bodies for its expansion plans from next year already.
(THY) said it will wet lease 3 A330s to fill capacity shortage. (THY) confirmed it will lease 1 A330 from Meridiana Fly (ALS) between January 15 and November 15; and 2 A330s from HiFly (between April 1 and March 31, 2014, and from May 1 and April 30, 2014.
(THY), which will soon announce the re-launch of its high standard catering product, will postpone extending its comfort class service (a premium economy (PY) class) on new, to-be delivered long-haul airplanes. For now, the comfort class on long-haul flights will remain on board its 12 777-300ERs.
(THY) is considering the purchase of about 150 Airbus (EDS) airplanes, in an order that would include some A380 superjumbos, as (THY) pursues an expansion by connecting traffic between Europe and Asia. The talks between the carrier and Airbus (EDS) were disclosed by French Trade Minister, Nicole Bricq, ahead of her imminent planned visit to Istanbul, where she will meet Turkey’s Economics Minister and executives, including the head of Turkish Airlines (THY).
(THY) is emulating Emirates (EAD) and other carriers in the Gulf region, who are benefiting from their geographic position to build a hub connecting traffic from the USA via Europe to Asia. (THY) has a mixed fleet of A320 family single-aisle planes and the competing 737s, in what is the most hotly contested market between the duopoly.
“(THY) is already one of the fastest-expanding airlines world wide,” said Tim Coombs, Managing Editor of London-based "Aviation Economics." “They’ve got the natural advantages of geography, placed between Europe and Asia, and an extremely large home population.”
Airbus (EDS) parent, European Aeronautic, Defence & Space (EADS) Company rose as much as +59 cents, or +1.8%, to 32.63 euros in Paris and traded at 32.28 euros as of of 5 pm in the French capital.
(THY) has sought to upgrade its service and has been on a marketing spree in recent years, enlisting sporting icons including soccer player, Lionel Messi and basketball star, Kobe Bryant for television adverts. Officials at (THY)’s Public Relations (PR) office had no immediate comment today except to confirm the planned meeting with the French Minister.
The meeting between the Minister and the (THY) (CEO) comes ahead of a January 17 press briefing by Airbus (EDS) to review last year’s performance and present plans for 2013. (EDS) gave up the lead in airplane deliveries to Boeing (TBC) last year, after holding advantage for almost a decade.
Airbus (EDS) also likely finished 2012 with fewer new airplane orders than Boeing (TBC), which won 1,023 contracts. (EDS) had been targeting 650 for 2012, following a windfall a year earlier, when (EDS) was 1st to offer the A320neo, a more fuel-efficient variant of its single-aisle jet.
(EDS) last month won an order for 75 A320 neo planes from Pegasus Airlines (PGS), a low-fare Turkish carrier that until now has been flying 737s.
(THY) had previously said it was considering the purchase of as many as 6 A380 superjumbos from Airbus (EDS). It had also said it was looking at jets bigger than Boeing (TBC)’s 330-seat 777, currently (THY)’s largest model, to lure transfer traffic between Europe and Asia away from the AirFrance (AFA)-(KLM) Group, Deutsche Lufthansa (DLH) and British Airways (BAB) parent, the International Airline Group (IAG).
In November, the company said it was close to ordering 100 planes to provide short-haul links from Istanbul, saying then it would scrap plans to buy the biggest jumbo jets in favor of more modestly sized wide body planes.
(THY)’s fleet is already set to expand to about 206 planes through 2013, when an expansion program originally slated to end in 2015 will be completed.
Later, it was stated Turkish Airlines (THY) was in talks with Airbus (EDS) and Boeing (TBC) regarding a potential large airplane order, spokesperson, Ali Genc confirmed. “We are in talks with both manufacturers” but have not yet sealed a deal; the “number of airplanes to be ordered is not clear.”
Several media outlets have speculated the order would be 150 airplanes. French Foreign Trade Minister, Nicole Bricq was expected to arrive in Istanbul to hold meetings with (THY) officials regarding an Airbus (EDS) order, which could include the A380.
(THY) (CEO) Temel Kotil had said earlier that (THY) is expanding its network to a maximum of 300 destinations but said the time (to operate a very large airplane such as the A380 or the 747-8I) is not right. The Turkish Technik maintenance hangar at Istanbul Ataturk airport will eventually be extended to handle A380 maintenance work.
Turkey’s Transport Minister Binali Yildirim has unveiled plans for a 3rd airport in Istanbul. He believes it will the biggest airport in the world in terms of passenger capacity. The Ministry announced it launched the tender process in Turkey’s "Resmi Gazete."
The airport, which will ultimately feature six runways and be capable of handling up to 150 million passenger a year, is expected to cost >€7 billion/$9.3 billion excluding financing costs. The tender process will close May 3.
The airport will be developed on a build-operate-transfer (BOT) basis, involving both public and privates sectors, in 4 phases, with a 25-year lease starting from completion of the 1st construction phase. This 1st phase, which will increase airport capacity to 90 million passengers a year, is targeted for completion in 2017.
According to local media reports, the 1st phase will include a main and satellite terminal, 88 passenger boarding bridges, three runways, a control tower and a cargo terminal. Phase 2 will add runways; phases 3 and 4 will increase capacity through a 3rd and 4th passenger terminal, respectively.
Turkish media reports suggest that Turkey’s (TAV) Airports, French airport operator Aeroports de Paris, Dutch airport operator Schiphol Group, and Germany’s Fraport are among interested bidders.
The new airport is understood to be located on a 1.4 million sq m site on the European side of the city.
Istanbul's Ataturk International Airport handled 45 million passengers last year and the city’s 2nd airport, Sabiha Gokcen International, handled a further 15 million passengers. Turkish authorities say the combined capacity of the 2 airports still falls short of increasing demand.
INCDT: A (THY) spokesperson confirmed that a lightning strike caused an A321 engine fire on descent to Izmir Airport on January 24.
(THY) flight TK2348 from Istanbul Ataturk to Izmir Airport was struck by lightning during descent at 8,000 ft. The No 2 (right) engine rear cowl caught fire near the end of the duct. The fire remained on the exterior of the engine for several minutes and left behind a long series of flames.
Flight crew (FC) shut down the engine and extinguished the fire. The A321 landed safely using a single engine and no one was injured. According to maintenance records after the incident, damage was found to the right engine fan cowl, common nozzle assembly, thrust reverser proximity sensor and (EEC), and promptly replaced.
In December, (THY) firmed up its commitment for 15 777-300ERs and 5 options in a deal valued at $4.7 billion. In October, it ordered 15 A330-300s. The 2 airplane orders are part of (THY)’s plans to double its fleet to 400 airplanes by 2020.
Earlier this month, (THY) said it will wet lease 3 A330s to fill capacity shortage.
February 2013: Turkish Airlines (THY) has ordered 5 additional A330-300s, which it said are needed to meet capacity demand for global growth. In October 2012, (THY) ordered 15 A330-300s, valued at $3.5 billion at list prices. From that order, 4 airplanes are slated to be delivered in 2014, 6 in 2015 and 5 in 2016.
(CEO) Temel Kotil said, “We increased our recent order of 15 A330-300s by +5 airplanes to 20.” Together with the recent order of 20 777-300ERs, the 20 A330-300s “gives us 40 additional wide bodies, which is a good number,” he said.
Last month, (THY) said it would wet lease 3 A330s to fill a capacity shortage.
Separately, (THY) inaugurated flights from Istanbul Atatürk (IST) to Libreville (LBV) in Gabon, and to Colombo (CMB) in Sri Lanka, respectively, on January 31 and February 1. Both routes are extensions of existing services (3x-weekly frequencies to Libreville operate via Douala on the outbound leg, whereas Malé serves as an intermediate point for the 5x-weekly Colombo service. 737-900s are deployed on the Gabon routing, while A330-200s operate the Sri Lankan service.
Turkish (THY) Technic won a contract from Astra Airlines (SZZ) to perform landing gear maintenance on A320s in Istanbul.
March 2013: Turkish Airlines (THY)reported 2012 annual net income of +TRY1.13 billion/+$632.3 million, up from +TRY19 million in the year-ago period.
Sales revenue rose +26% to TRY14.9 billion, producing an operating profit of +TRY1.05 billion, up +192% year-over-year.
In 2012, (THY) carried 39 million passengers, up +20% over 2011. Traffic rose +26%, and (ASK)s increased +18%, producing a load factor of 77.4% LF, up 4.8 points.
Last year, (THY) operated 202 airplanes, comprising 159 narrow bodies, 36 wide bodies and 7 cargo airplanes. (THY) opened 32 new routes in 2012 and now flies to 217 destinations, including 181 international routes in 96 countries.
Air Astana (AKZ) and Turkish Airlines (THY) have signed a letter of intent (LOI) for a wide-ranging cooperation, including a code share agreement on routes between Kazakhstan and Turkey. From May, the 2 carriers will code share on flights between Istanbul Ataturk to Almaty and Ataturk to Astana. The deal will also include a special prorate agreement to destinations beyond their respective hubs in Almaty, Astana and Istanbul.
“We believe this partnership with (AKZ) will bring benefit for both sides, not only in commercial aspects in rapidly growing Kazakhstan, but also in technical and training areas,” (THY) President & (CEO) Temel Kotil said.
(THY) will operate 4x-weekly, Istanbul to Marseille service between June 4 to October 25.
(THY) is planning to launch nonstop, Istanbul to Sydney services next year, becoming the 1st airline to operate nonstop from Europe to Australia. (CEO) Temel Kotil said “We need to go on the Kangaroo route, most likely in 2014. We [are studying] this very deeply,” He said (THY) is also planning to connect through either Bangkok or Jakarta. Kotil said (THY) is considering using either the 777-300ER or the 777-200LR on the Australian route.
(THY) needs additional airplanes and is switching its 8 A330-200s and 7 A340-300s from long- to short-haul operations. “We need more airplanes,” Kotil said. “We will put more seats on the A330/340s — the same seats we have on the A321s and plan to operate them from 2014. If you have enough seats on an A340, it makes economic sense [to operate them also on short-haul routes],” Kotil said. These airplanes will offer a minimum seat pitch of 31 inches.
The Turkish Airlines (THY)/Lufthansa (DLH) joint venture (JV) SunExpress (SNS), meanwhile, is wet leasing several 737-700/800s to subsidiary, AnadoluJet (ANJ) as well as to (THY). “We are doing that to support the growth on (THY). [There are] 27 SunExpress (SNS) airplanes operating for AnadoluJet (ANJ) and 7 for (THY),” Kotil said. In addition, SunExpress (SNS) will continue to operate on the charter/leisure network. “We want (SNS) to be a healthy carrier and soon it [will] become the 2nd largest airline in Turkey,” Kotil said. According to the SunExpress (SNS) website, (SNS) operates 37 737-800s and 6 737-700s.
Turkey’s airports handled 130 million passengers in 2012, up +10.7% on 2011, and up a staggering +85% in just 5 years. As a result, Turkey is now Europe’s 6th biggest aviation market in terms of airport passenger numbers, after Europe’s "big 5" of France, Germany, Italy, Spain and the UK. However, at the current rate of growth, Turkey is likely to overtake both France and Italy by the end of 2015. While overall growth was just under +11%, the country’s main airport, Istanbul Atatürk, reported growth of just >20% last year, handling 45 million passengers, helped by an apparently never-ending raft of new routes from national carrier (THY). This meant Istanbul Atatürk was Europe’s 6th busiest airport in 2012 and is on track to move past Madrid into 5th place in 2013 (little wonder that the Turkish government has decided to avoid a London Heathrow style crunch and build a new $10 billion, 6-runway facility opening in 2017).
Istanbul’s 2nd airport at Sabiha Gökçen, also reported double-digit growth, as Pegasus Airlines (PGS), the country’s leading low cost carrier (LCC) continued to expand its route network.
SEE ATTACHED - - "THY-2013-03 TOP 12 TURKISH AIRPORTS."
By the end of this June, (THY) is on course to have started well over 30 new routes in a 12-month period from Istanbul Atatürk to various destinations.
As a result, the only airline in the world that offers more non-stop destinations from a single airport is Delta (DAL) at Atlanta, and at the current rate, (THY) is on track to overtake (DAL) sometime before the end of 2013.
As if starting all these routes from Istanbul’s main airport were not enough, (THY) is also launching 8 new routes from Istanbul Sabiha Gökçen during the summer. 3 of these (Amsterdam, Tbilisi, Vienna) will be competing directly with Pegasus (PGS), while 3 others (London Gatwick, Milan Malpensa, Paris (CDG)) serve airports in the same city that Pegasus (PGS) also serves, leaving only the new services to Baku and Kuwait as non-contested markets.
However, Pegasus (PGS) is also starting a plethora of its own new routes, and since the beginning of October has added Batumi (Georgia), Belgrade (Serbia), Dubai (UAE) and Lviv (Ukraine) to its network with Sarajevo (Bosnia & Herzegovina) flights started on February 28, followed by Bishkek (Kyrgyzstan) in late March.
Turkish (THY) Technic signed a "C" check maintenance contract with Nordwind Airlines (NWD) for 2 A321s. Services will be carried out in March at the Turkish Technic facilities in Istanbul.
Turkish Airlines (THY) has signed a contract for up to 117 A320 family airplanes, including 25 A321ceos, four A320neo, 53 A321neos and options for 35 additional A321neos.
It is the largest ever placed by a Turkish carrier.
(THY) already operates 75 A320 family airplanes. (THY) said the new order will allow it to expand short to medium-haul routes from its Istanbul hub, while the airplane’s commonality with their existing Airbus (EDS) fleet will generate additional cost-savings.
The A320neo will enter into service from late 2015, followed by the A319neo and A321neo in 2016, (THY) said.
Last month, (THY) ordered 5 more A330-300s on top of the 15 A330-300s it ordered in October. And in December, (THY) firmed a commitment for 15 777-300ERs plus 5 options.
April 2013: Turkish Airlines (THY) resumed services on the 8,400 km route from its Istanbul Atatürk (IST) hub to Kuala Lumpur (KUL) on April 25, and now serves the Malaysian capital with 3x-weekly flights. The route, now operated with A340s, was last served by (THY) in 2002. Malaysia Airlines (MAS) provides competition in the market from Istanbul to Kuala Lumpur, which it serves with flights of the same frequency.
(THY) will launch Istanbul to Aquaba on Jordan's Red Sea coast.
(THY) plans to add a 4x-weekly frequency to Kuala Lumpur from June 18 after launching services from Istanbul to the Malaysian capital of Malaysia this month. (THY) initially operates 3x-weekly flights and subsequently it will increase the frequency to 4x-weekly, starting June 17. (THY) will compete with Malaysia Airline (MAS) on the Istanbul to Kuala Lumpur route.
Pilot (FC) Training Network GmbH, a subsidiary of Lufthansa (DLH) Flight Training GmbH, will train 100 young pilot (FC) cadets for Turkish Airlines (THY).
In addition to 15 months of basic training, the package includes a type rating on the Airbus A320 or Boeing 737NG. This will take a further 2 months and will be conducted by (DLH) Flight Training. The 1st training course will start in April.
Since the founding of Pilot Training Network GmbH in 2001, >800 trainee pilots (FC) have completed their ab initio training here. >200 cadets are currently undergoing training, which is conducted in Frankfurt, Vero Beach, Florida, and Rostock-Laage.
(DLH) Flight Training GmbH, a wholly owned subsidiary of (DLH), operates 39 cockpit simulators and numerous emergency training devices in Frankfurt, Berlin, Munich, Essen, Vienna, and Zurich.
Turkish Airlines (THY) has committed to ordering 50 737 MAX airplanes from Boeing (TBC), a $6.9 billion order at current list prices. The order includes 40 737 MAX 8s, 10 737 MAX 9s and 20 Next-Generation 737-800s.
(THY)'s order includes options for 25 additional 737 MAX 8s.
The commitment for the Boeing 737s comes following a recent Turkish Airlines (THY) purchase announced in March for 117 Airbus A320 family airplanes. (THY) is looking to accommodate for its projected growth as it carried 39 million passengers in 2012, and expects to reach 46 million this year and 90 million by 2020.
May 2013: Turkish Airlines (THY) cut its 1st Quarter 2013 operating loss from -TRY173 million to -TRY23 million/-EUR9.7 million, almost breakeven in the traditionally weakest quarter. Revenues grew +28% on capacity up +21%, with particularly strong growth to Africa, the Middle East and Europe. The improved result was driven by unit revenue growth (RASK) as unit costs (CASK) were held flat in spite of higher fuel prices. Earlier this year, (THY) said it did not expect a unit revenue increase for Fiscal Year 2013, so this represents a good start to the year, and ex-fuel unit costs will need to remain under control over the rest of the year.
Much of (THY)’s success has been built on an efficient work force and the geographic location of the Istanbul hub, which facilitates a global connecting strategy. Both of these elements were visible in 1st Quarter 2013, with labor cost growth slower than capacity and transfer passenger growth outpacing the total. Nevertheless, a strike called on May 15, 2013 (albeit with limited impact) and the relentless competitive presence of the Gulf carriers, are reminders that this success cannot be taken for granted.
(THY) is reporting normal operations, 2 weeks after flight crews (FC) announced a strike beginning May 15, which was never really resolved. In fact, (THY) is reporting an on-time performance of >95%.
(THY) inaugurated services on 5 new routes in the course of the 1st week of this month. In addition to its arrival in Friedrichshafen (FDH) from Istanbul Ataturk (IST), 4x-weekly flying A320s, (THY) added another German route from Ankara (ESB) on May 1 to Frankfurt, 3x-weekly using 737-800s. 3 new routes have also been launched in Istanbul Sabiha Gökçen (SAW), 5x-weekly to Ercan (ECN), 3x-weekly to London Gatwick (LGW) (service goes daily June 1), and 4X weekly to Tbilisi (TBS), all operating 737-800s.
Scandinavian Airlines (SAS) and Turkish Airlines (THY) began code sharing as Star (SAL) Alliance partners on six Turkish destinations: Istanbul, Ankara, Antalya, Bodrum, Dalaman, and Izmir from Copenhagen, Oslo, Stockholm, Gotenburg, Helsinki, Aalborg, and Billund. (THY) will add its codes to >20 cities in Scandinavia and Finland. (SAS) also began 6x-weekly, Copenhagen to Budapest and 3x-weekly, Oslo to Budapest.
From May 20, (THY) will launch 3x-weekly, Istanbul Ataturk to Isparta services. From May 21, it will add 3x-weekly, Istanbul to Santiago De Compostela service, its 6th destination in Spain. Beginning May 26, (THY) will launch 3x-weekly, Istanbul Ataturk to Malta flights. From May 28, (THY) will add 4x-weekly, Istanbul to Salzburg flights, following the addition of Friedrichshafen, Germany service.
Turkish Airlines (THY) has the world’s 4th largest flight network and flies to 223 destinations in 99 countries.
(THY) is planning to increase the number of Russian routes pending an agreement with Russian aviation authorities on destinations, (THY)’s Russia representative Mefail Deribas said. During negotiations between the 2 countries in April, a Turkish delegation proposed adding several points to the air service agreement, including Samara, Makhachkala, Mineralniye Vody, Nizhniy Novgorod, Nalchik, Vladikavkaz, and Chelyabinsk.
(THY) has been approached by the Democratic Republic of the Congo's government over the possible setting up of a joint-partnership national airline to replace the now bankrupt (LAC) - Lignes Aériennes Congolaises ((IATA) Code: 4V, based at Kinshasa N'Djili International airport (FIH)) (LNA). According to Congo's "Radio Okapi," a team of Congolese functionaries are due in Istanbul before the end of the month to discuss a possible deal with the Turks, who have yet to confirm their interest in the venture. Kinshasa had previously set June as the planned date for the launch of the renewed national airline. Earlier this year, Congolese Minister for Transport, Justin Kalumba, said the airline's launch, coupled with a renewed infrastructural upgrade program, would help improve the overall efficiency and safety of Congo's skies.
SpiceJet (ROJ) has signed a contract with Turkish (THY) Technic for comprehensive component support on (ROJ)'s 737NG fleet for 5 years, extendable to 10 years.
(THY)'s firm $6.9 billion order for the 737 MAX and Next-Generation variants of Boeing's 737 jets has been finalized. The order includes 40 737 MAX 8s, 10 737 MAX 9s, 20 Next-Generation 737-800s and options for 25 additional 737 MAX 8s.
June 2013: Turkish Airlines (THY)’s mission statement includes the aims: “To become the preferred leading European air carrier with a global network of coverage, whilst maintaining its identity as the flag carrier of the Republic of Turkey in the civil air transportation industry.” It also has a vision statement with a number of additional aims, including being an air carrier with “a continued growth over industry average” and “unit costs equating with low cost carriers (LCC)s.”
(THY) has the world’s 2nd largest network by number of international destinations, but is only 8th by number of international seats and Turkey itself is only the number 15 aviation market globally. Its considerable success in meeting the aims noted above owes much to its strategy of attracting global transfer traffic flows via its Istanbul hub, an approach that both involves competing with, and invites comparison with, the 3 fast-growing Gulf carriers ((EAD), (EHD) and (QTA)).
Turkish Airlines (THY) and Air New Zealand (ANZ) signed a code share agreement on routes operated by both carriers connecting New Zealand and Turkey via Hong Kong and Los Angeles. Both are Star (SAL) Alliance members. “Passengers of both airlines will be offered travel to Turkey, New Zealand and Australia via the two most strategic gateways, Hong Kong and Los Angeles.
(THY) started operations on the 2,000 km route from its Istanbul Atatürk (IST) base to Luxembourg (LUX) on June 25. (THY), which has already launched a number of new routes to Europe this year, most recently to Tallinn and Vilnius, offers 4x-weekly flights on the newly launched service, which it operates using variable equipment.
(THY) is pursuing aggressive expansion in Latin America, where it plans to triple the size of its network in 2014 to 6 destinations. (THY) will still be a relatively small player in the Latin America-Europe market but its launch of services to Bogota, Caracas, Havana, and Mexico City is primarily targeted at the faster-growing and under-served Latin America - Asia market.
(THY) will offer the Colombian, Cuban, Mexican, and Venezuelan markets the fastest connections to the Middle East, most of Asia and parts of Africa. With the expansion the Star (SAL) Alliance carrier emerges as an attractive partner to Latin American carriers, which have a very limited presence in any of these regions.
(THY) is also accelerating expansion in the USA market, where it plans to grow its network from five to eight destinations next summer. (THY) will open up new connections to parts of Asia, the Middle East and Africa from Atlanta, Boston and San Francisco. But the (THY) product from these new destinations will not be as exclusive as is the case with its new Latin American cities.
July 2013: Turkish Airlines (THY) began Istanbul to Tallinn to Vilnius, 3x-weekly service. (THY) adds 4x-weekly, Istanbul to Luxembourg service.
(THY) added Bingol (BGG) in East Anatolia to its domestic network from Istanbul Ataturk (IST) on July 25. 3x-weekly services are offered on the domestic route using variable equipment. Bingol Airport was opened on July 12 this year by Turkish Prime Minister Recep Tayyip Erdogan. Not surprisingly, (THY) became the 1st carrier to use the airport.
(THY) is still interested in a stake in Greece's Olympic Air (OLY) as well as buying Aegean Airlines (CRM) reports in the Turkish press have claimed. Under the purported deal as described in the "Zaman" journal, (THY) is "still considering an Olympic Air (OLY) buyout in its effort to expand further in the region." Under the plan, following its acquisition, (OLY) would retain its name and logo for a short period before being fully integrated into (THY). Athens International would also be developed into a hub alongside Istanbul Atatürk, "in order to start operating flights from Greece to various destinations abroad." (THY) is also said to be mulling a possible bid to acquire Aegean Airlines (CRM) at a later date.
Turkish (THY) Technic has been chosen by Nordwind Airlines (NWD) (which operates A320s, 757s, 767s and 777s) for Maintenance Repair & Overhaul (MRO) services on its (APS3200) (APU)s.
Turkish Airlines (THY) has converted options for 5 777-300ERs to firm orders. In a filing with the Istanbul Stock Exchange, (THY) said that the airplanes would be delivered in 2016 to 2017. The order was 1st announced in December 2012 as part of a previous firm order for 15 777-300ERs. Boeing (TBC) valued the order at $1.6 billion at list prices.
This order adds to (THY)’s huge backlog of 100 737NGs, 737 MAXs and 777-300ERs. It also has 20 A330-300s and up to 117 A320s on order. It currently operates 12 777-300ERs.
August 2013: Turkish Airlines (THY) reported 1st-half net profit of +TRY121 million/+$60.7 million, down -29% compared to the year-ago
2 Turkish Airlines (THY) pilots (FC) were kidnapped Friday August 9 at gunpoint as they made their way from Beirut Rafik Hariri International Airport to a Beirut hotel following a flight from Istanbul. “It has come to our knowledge that 2 flight crew (FC) members of the (THY)’s Istanbul to Beirut flight were abducted [Friday morning] by gunmen on the way from Beirut Airport to their hotel,” the Turkish Ministry of foreign affairs said. “Our ministry and our embassy will exert intensive efforts in cooperation with the Lebanese authorities to ensure the liberation of our pilots (FC) and their return to Turkey.”
According to multiple reports from Beirut, the pilots (FC) were abducted by gunmen who ambushed a shuttle bus near the airport. The bus was carrying a number of Turkish Airlines (THY) employees to the hotel, but only the pilots (FC) were taken. “The rest of the flight crew (FC) is presently in Beirut,” the Turkish government stated Friday. “They are safe and being assisted by the Turkish Embassy. They will be brought back to Turkey promptly.”
(THY) will launch 4x-weekly, Istantbul (IST) to Kathmandu service on September 1.
(THY) has transferred 3 A330-300 options into firm orders.
September 2013: Turkish Airlines (THY) has made an adventurous move, connecting Nepal to Europe when it added a non-stop, 5,312 km route between Istanbul Atatürk (IST) and Kathmandu (KTM) on September 1st, using its A330-200s. The new link is scheduled 4x-weekly (Tuesday, Thursday, Friday and Sunday outbound, and Monday, Wednesday, Friday and Saturday from Nepal) and has no competition. The new route is (THY)’s 222nd destination served from its main base at Istanbul Atatürk.
Turkish Airlines (THY) has selected the EP-8000 image generation system from Rockwell Collins for its flight simulation platform. The EP-8000 is a liquid crystal on silicon (LCoS) projection system. (THY) will deploy the system across its 9 flight simulators. “The learning experience gained by trainees through the high-fidelity realism of this state-of-the-art graphic system is invaluable and (THY) pilots (FC) will be better prepared for real-life situations,” said LeAnn Ridgeway VP & General Manager, Simulation & Training Solutions for Rockwell Collins.
The EP-8000 has achieved Level D certification from several civil aviation regulatory authorities, according to Rockwell Collins.
September 2013: Ukraine International Airlines (UKR) has concluded a partner agreement with Azerbaijan Airlines (AHY) and Turkish Airlines (THY). The agreement with (AHY) will increase the frequency of Kiev Boryspil - Baku service up to 8x-weekly flights in winter 2013/2014. The carriers have concluded a code share agreement on the route.
Turkish Airlines (THY) and Ukraine International (UKR) agreed to increase the frequency between Kiev and Istanbul from September 15. The carriers have reached a code share agreement on routes between Kiev and Istanbul Ataturk and Kiev to Istanbul Sabiha Gökçen.
October 2013: Turkish Airlines (THY) continued its expansion from Istanbul Sabiha Gökçen (SAW), with 3 new services, all operated daily by the Star (SAL) Alliance carrier’s 737-800 fleet. Operations to Düsseldorf (DUS) are flown against 3 competing airlines: Pegasus Airlines (PGS) (11x-weekly), SunExpress (SNS) (1x-) and SunExpress Germany (SXD) (1x-). (PGS) provides 2x-daily rivalry on the 2nd of the 3 new routes to Tel Aviv (TLV) also. While there is no direct competition on the final new route to Frankfurt (FRA), both SunExpress (SNS) and SunExpress Germany (SXD) have withdrawn from the city pair at the end of the summer season, with the former having operated the service last winter. It is therefore worthy of note that (THY) is parent company to both withdrawing carriers.
Turkish (THY) Cargo launched once weekly Istanbul (IST) - Karachi - Singapore service.
November 2013: Turkish Airlines (THY) has reported a 3rd-quarter net profit of +TRY705 million/+$345.4 million, which is in line with last year’s results, but its 9 months results were down -6% to +TRY826 million compared to the year-ago period.
Turkish Airlines (THY) Cargo has shifted 2x-weekly, Istanbul - Dubai flights from (DXB) to Dubai World Central (DWC). By March 2014, it will offer 5x-weekly cargo flights to (DWC).
(THY) offers daily, Istanbul Sabiha Gökçen service.
(THY) commenced its second route to Afghanistan this week, linking Istanbul Atatürk (IST) and Mazar-i-Sharif (MZR). After cancelling plans to launch the route earlier this year, the 3x-weekly operation from (THY)’s base to northern Afghanistan started on November 19th, utilizing (THY)’s 153Y-seat A320s. While there is no direct competition on the 3,340 km sector, Ariana Afghan Airlines (AFG) flies weekly from Istanbul Atatürk to Kabul, along with Turkish Airlines (THY) itself, offering a daily service to the Afghan capital.
The Association of European Airlines (AEA), which will hold its annual general meeting in Brussels November 29, is set to announce Turkish Airlines (THY) (CEO) Temel Kotil as its new Chairman.
Kotil said his message is clear about the importance of aviation: “What I believe is Europe is a big market and every single person in this world should have [access] to the airline business. We are not asking for money [from governments]. What we [the airlines] are doing is like a civil service.” He said airlines play a widened role in global development and are becoming a big contributor. “The message is that every single government on this earth should have the airline business. We don’t need babysitting by governments, but we are asking for them to understand our business [and the dynamics of aviation] better.”
He said (THY) already plays an important role in the aviation business. (THY) serves 241 destinations today. “This makes us a large airline. We are operating 1,000 daily flights, up +1,200 to +1,300 during the summer,” Kotil said, adding that (THY) will double to 2,000 daily flights.
“In 2013, we are close to a total of 50 million passengers [> than estimated >48 million] and you can expect us to grow at least +20% in 2014.”
(THY) has the 4th largest network worldwide. “We have <2% of the global business; if we had 4%, we would be one of the biggest airlines.”
(THY) had a market share among (AEA) airlines of 12.5% in the January to July 2013 period. In the last decade, passenger growth has gone from 10 to nearly 50 million. It has opened 158 new destinations and the number of airplanes has risen from 65 to 231. Kotil said its fleet will grow to 423 airplanes by 2021.
In the last decade, it added 207 new airplanes to its fleet.
By 2021, options included, a total of 267 new airplanes will come into service, an investment of around $35.5 billion.
December 2013: Turkish Airlines (THY) initiated 3x-weekly services to Lahore (LHE) on November 27th, making the city its 3rd route to Pakistan from Istanbul Atatürk (IST). (THY) has no direct competition on the 4,179 km sector, and becomes only the 2nd airline to link Europe to the southern Asian city, alongside Pakistan International Airlines (PIA) (serving Barcelona (1 flight per week), Paris (CDG) (1x-), Copenhagen (1x-), London Heathrow (3x-), and Manchester (2x-)). The service will utilize (THY)’s fleet of 737-800s with capacity for 165Y passengers.
(THY) will become the 1st scheduled carrier to operate international flights out of Stavropol, Russia when it launches a 4x-weekly service to Istanbul Sabiha Gökcen in Summer 2014. Service will be on board a 737-800. At present, Stavropol's sole connection is to Moscow with flights provided by Aeroflot (ARO), Moskovia Airlines (GAI), (S7) Airlines (SBR), Transaero Airlines (TRX) and UTair (TYU).
Oman Air (OMR) and Turkish Airlines (THY) have signed a code share agreement covering services between Muscat and Istanbul Ataturk. “(THY) is the ideal partner for Oman Air (OMR) (with our growing network currently serving 43 premium destinations across the Middle East, Europe, Asia and Africa) and (THY) flying to more global destinations than any other carrier,” (OMR) (CEO) Wayne Pearce said.
“We believe that the (THY) and (OMR) partnership will bring enormous benefit to both carriers, not only from a commercial perspective in rapidly growing Oman, but also in technical and training areas,” (THY) (CEO) Temel Kotil said.
Turkish Airlines (THY) added another spoke to its burgeoning Istanbul Atatürk (IST) hub, this time to the capital and largest city in Chad, N’Djamena (NDJ). The Star (SAL) Alliance carrier’s 236th (one-stop and non-stop) route, will be flown 4x-weekly with no direct competition by a mixture of 737-800 and 737-900 equipment via Kano in Nigeria.
The Turkish government is moving forward with plans for a 3rd airport in Istanbul, joining Istanbul Ataturk and Istanbul Sabiha Gokcen airports.
Rockwell Collins’ full suite of avionics (including MultiScan Threat Detection, (GLU)-925 Multi-Mode Receiver and (SATCOM)) has been selected by (THY) for its 17 A330s, 25 A320s, 20 777s and 20 737s. (THY) has also entered into a long-term, price-per-repair service agreement with Rockwell Collins to support avionics on its new fleet.
Turkish Airlines (THY) will become the 1st European airline to operate A320 Family airplanes with production-retrofitted Sharklet wingtip devices. This will follow the installation, which has just been completed, by Turkish Technic Maintenance Repair & Overhaul (MRO) of Sharklets onto the 1st of 9 A321s to be retrofitted for (THY). All 9 airplanes will be upgraded for (THY) in Istanbul in the coming weeks.
Thanks to this aerodynamic upgrade, every (THY)’s retrofitted airplanes will benefit from a reduction in fuel costs by up to -4%, an annual -900 t reduction in CO2 emissions and an increased mission range by up to +100 nautical miles.
Airbus (EDS) has been delivering Sharklets as an option on new-build A320 Family airplanes since December 2012. The Sharklet “production-retrofit” option is being offered for newer airplanes delivered with the latest production standard of wings, which are already capable of being fitted with Sharklets without any additional structural reinforcements.
In addition, the production-retrofit solution, Airbus (EDS) has also recently launched the “in-service retrofit” program (which allows Sharklets to be fitted for airlines currently flying older A320s which have the previous design of wing structure. The ‘in-service retrofit’ solution therefore includes a reinforcement of the wing structure and will be available for operators in 2015).
Since its launch in 1984, the A320 Family has continued to evolve with the demands of the market, with the latest innovations being the A320neo and the Sharklets efficient wing tip devices.
To date, over 10,000 A320 Family airplanes have been ordered and >5,800 delivered to >390 customers and operators world wide. With proven reliability and extended servicing periods, the A320 Family has the lowest operating costs of any single aisle airplane.
Turkish Airlines (THY) has confirmed it will lease 8 additional A330-200s
Turkish Airlines (THY) currently operates 240 airplanes, to 105 countries, 249 destinations on 404 routes and 1,043 daily flights.
January 2014: Turkish (THY) Cargo will launch 4x-weekly, Istanbul Sabiha Gökçen to Astrakhan service on March 4. It increases other Istanbul services: Almaty, from 9x- to 10x-weekly from January 27; Astana, 3x- to 5x-weekly on February 10; London Gatwick, 14x- to 21x-weekly on March 30; Dublin, 10x- to 12x-weekly on March 30; Edinburgh, 7x- to 8x-weekly on March 30, then 9x- May 26; Donetsk, from 10x- to 12x-weekly on March 30, then 14x- on June 23; Kuala Lumpur from 4x-weekly to 6x-weekly on March 31 and to 7x- on April 28th; Simpheropol, from 9x- to 12x-weekly on March 30, then 14x- on April 28.
Turkish Airlines ((IATA) Code: TK, based at Istanbul Atatürk) (THY) has decided to convert 7 of its 35 options for A321-200neo airplanes into firm orders. According to (THY)'s stock exchange filing, the twinjets are due for delivery from Airbus Industrie (EDS) in 2018. The conversion now brings to 60 the number of firm orders for the A321neo, (THY) has placed.
(THY) expects to rehire 305 employees that were dismissed after they participated in strike action to protest a legislative proposal banning strikes and work lockouts in the aviation industry. “It is known that there has recently been an election on the labor union of the employees of (THY) and a new (union) management has taken office. Turkish and the labor union Hava-Is have signed a collective agreement terminating the strike at (THY).” According to Turkish Airlines, both parties have signed an agreement. “The studies on that issue are continuing,” (THY) spokesperson Ali Genc said.
The union began strike action May 15, which had no impact on (THY)’s daily operations, according to (THY) (CEO) Temel Kotil.
Turkish (THY) Technic and SpiceJet (ROJ) have expanded relations with an agreement for landing gear overhauls services. Turkish (THY) will provide landing gear repair and overhaul, including spare support, for SpiceJet (ROJ)’s 23 Boeing 737-800s between 2013 and 2018. The work will be done in Istanbul, Turkey. Also, XL Airways France (STU) has signed up Turkish (THY) for base maintenance on a 737-800.
SEE ATTACHED - - "THY-2-DR ISMAIL DEMIR - 2014A/B."
February 2014: Turkish Airlines (THY) began its 31st route from Istanbul Sabiha Gökçen (SAW), and its 13th international destination, with the start of services to Munich (MUC) on January 30th. The daily 737-800 service will be operated by SunExpress (SNS) and will fly in direct competition with Pegasus Airlines (PGS)’ existing daily service. (THY) will provide indirect competition for itself from Istanbul Atatürk, where it operates a 4x-daily service to Munich. In addition, its Star (SAL) Alliance partner, Lufthansa (DLH) also offers 15x-weekly services on the city pair.
Istanbul’s $30 billion project to build a 3rd airport could be delayed by at least 10 months, following an administrative court order suspending construction pending the completion of an expert report on the environmental impact analysis. Ankara expects its airport to become bigger than Istanbul Ataturk airport.
Thales (THL) and Turkish Airlines (THY) announced the Thales TopSeries AVANT in-flight entertainment (IFE) system has been officially selected on board 25 of its A321 and 20 of its 737 airplanes.
Turkish Airlines (THY) is the world’s largest carrier by number of destinations and enjoys an average airplane fleet age of just >6 years, well below all its main European peers. (THY) achieved a huge +23.6% growth in 2013 with >50 million passengers. It utilized this success and young fleet to develop a bold and successful strategy, positioning itself as one of the top airlines for passenger comfort. As a result, SKYTRAX, the world’s premier airline review service has, for the past 3 consecutive years voted (THY) Europe’s best airline.
This commitment to the passenger experience is reflected in the (THY)’s choice to operate the latest generation, award winning Thales TopSeries AVANT (IFE) system. The system is easily equipped on all advanced, single and twin aisle Airbus and Boeing airplanes (25 A321s and 20 737s) and its unique design eliminates the electronics box under each cabin seat therefore improving passenger comfort and driving weight efficiency, both key drivers for the single aisle segment. The system’s scalable design allows (THY) to offer differentiation between classes such as single touchscreen in economy (Y) and interactive multi-screen in business (C). The AVANT system is also based on the Android Operating System, which accommodates a wide range of both off-the-shelf and airline specific applications easily integrated using the unique Thales Software Developers Kit (SDK).
A further element of the selection was (THY)’s ability to use (THY)’s highly experienced global service and support network to ensure optimal system performance, especially in fast turnaround situations, driving maximum passenger satisfaction and comfort.
(THY) has enhanced its departure lounge at Ataturk International Airport with a +40% expansion and design refurbishment.
The new lounge has added another 2,400 square meters to its existing 3,500 square meters, to meet the needs of growing passenger numbers. Located in the departure area of Ataturk Airport, the expanded lounge adds a 2nd floor to existing space.
The new extension creates additional space and increases capacity of the lounge to >1,000 guests. The existing facility, which included a children's playground, library, billiards area, prayer room and teleconference section, has seen an expansion of relaxation and shower space, as well as additional massage beds.
SEE ATTACHED - - "THY-2014-02-NEW ATATURK DEPARTURE LOUNGE."
Turkish Airlines (THY), which has ongoing capacity needs, is considering leasing Airbus A380 airplanes, (CEO) Temel Kotil said. Kotil said (THY) expects to grow to around 60 million passengers this year, up from 48 million in 2013.
(THY) is on the cusp of signing a wet-lease agreement with an un-disclosed airline for the use of 4 A380-800s. Kokpit.aero said the 4 airplanes will be used during the Summer high season on routes to China where high demand is offset by difficulties in securing additional slots.
(THY) has also approached (LOT) Polish Airlines over the possibility of wet-leasing a 787-8 for use on a possible Istanbul Atatürk to San Francisco, California route.
(THY) is continuing feasibility work on acquiring either the Airbus A380 or Boeing 747-8, Chairman Hamdi Topcu said. (THY) is also continuing talks with Lufthansa (DLH) on whether the 2 companies can form “synergies,” Topcu said in an interview with "(CNN) Turk" that was broadcast live.
March 2014: Turkish Airlines (THY) continues to add new spokes to its world-beating hub at Istanbul Atatürk (IST). The latest airport to join the network is Rotterdam (RTM), (THY)’s 2nd destination in the Netherlands after Amsterdam, which welcomed its 1st flight on March 4th. The 2,220 km route will be served 4x-weekly, normally using 737-800s, although the inaugural flight was performed by one of (THY)'s slightly larger A321s.
Turkish (THY) Cargo begins weekly, Istanbul to Madrid (MAD) to Belgrade flights on April 4.
April 2014: Turkish Airlines (THY) has launched 3x-weekly, Istanbul - Stavropol service, its 247th destination and 10th Russian route. (THY)’s Russian service also includes flights from Istanbul to Moscow Vnukovo (VKO), St Petersburg, Novosibirsk, Yekaterinburg, Kazan, Rostov-on-Don, Ufa, Sochi, and Astrakhan. (THY) will begin Istanbul to Bordeaux 4x-weekly service on June 12.
This month, (THY) opened its 1st international lounge at (VKO)’s new Terminal A. “Lounge Istanbul - Moscow” holds 150 guests, covers 635 sq meters and operates 24 hours a day.
(THY) (CEO) Temel Kotil said it makes sense to establish an airport lounge at “any destination where we go with narrow body airplanes 5x- to 6x-daily or on long-haul service, 2x-daily. Everything we give to passengers in the air or on the ground will pay back [to the company].”
Next, (THY), the Star (SAL) Alliance member will open an international lounge at New York (JFK) Airport. Future projects include lounges at London Heathrow, Paris Charles de Gaulle, Frankfurt, and Milan Malpensa airports.
May 2014: Turkish Airlines (THY) has reported a 1st-quarter net loss of -TRY226 million/-$108.7 million, which the company attributed to seasonality factors and foreign exchange rate movements.
Sales revenue rose +43% to TRY5.1 billion during the quarter. (THY) transported 12 million passengers in the 1st quarter, up +20% year-over-year. Systemwide load factor was 78% LF. (ASK)s increased +21%, which (THY) said also put pressure on passenger yields.
(THY) has continued its relentless growth, starting 3 routes in a week. 2 routes were commenced from its main hub at Istanbul Atatürk (IST), the 1st on May 7th to Oran (ORN), (THY)’s 3rd destination in Algeria, with Boston (BOS) joining (THY)’s network on May 12th, becoming its 6th USA destination. The former, will be operated 4x-weekly by the Star (SAL) Alliance carrier’s 159-seat 737-800s, while the latter is flown 5x-weekly with a mix of A330/A340 equipment. From June 10th, the Boston route will be increased to a daily schedule. Istanbul Sabiha Gökçen (SAW) saw the start of daily flights to Brussels (BRU) on May 8th, and again the route is flown by (THY)’s 737-800s. Only 1 of the 3 routes will face any competition, with Air Algérie (ALG) flying 2x-weekly between Oran and Istanbul Atatürk. While there is no direct competition on the Sabiha Gökçen to Brussels route, (THY) itself does fly 4x-daily between Atatürk and the Belgian capital.
(CEO) Temel Kotil said he is confident (THY) will reach its targets for 2014. “We continue to grow and it should be no problem to reach our 60 million passenger mark for this year,” he said. (THY) transported 48 million passengers in 2013. (THY) will add 32 new airplanes this year.
(THY) said it will continue to take advantage of its competitive advantages such as its geography, extensive route network and low-cost carrier (LCC) structure to pursue growth.
(LOT) Polish Airlines and Turkish Airlines (THY) increase their cooperation with a 5th weekly, Warsaw - Istanbul Atatürk service.
(THY) has commenced its second Russian route from its growing secondary hub at Istanbul Sabiha Gökçen (SAW), adding 3x-weekly operations to Stavropol (STW), complementing its existing route to Astrakhan. Started on April 22nd, the route is flown by (THY)’s A320 fleet under no direct competition. Incidentally, the route is also currently unserved by (THY) from its main hub at Istanbul Atatürk.
(THY) has begun 3x-weekly operations between its growing mini-hub at Istanbul Sabiha Gökçen (SAW) and Sarajevo (SJJ). Flown by (THY)’s 159-seat 737-800s, the 959-km sector will see competition from Pegasus Airlines (PGS), which operates the route daily. In addition, B & H Airlines (BOS) flies 4x-weekly between Istanbul Atatürk and Sarajevo, while (THY) also operates the airport pair 18x-weekly.
(THY) recently took delivery of its 75th 737NG airplane. The 737-800 arrived at (THY)’s base at Istanbul’s Ataturk Airport April 26 and is the latest addition to (THY)’s growing fleet of >100 Boeing airplanes.
(THY) flies to 45 domestic and 206 international destinations in 248 cities and 106 countries, with a fleet of 249 airplanes, comprising 193 narrow body, 47 wide body and 9 cargo airplanes.
June 2014: The anticipated arrival of a new airport at Istanbul by the end of 2018 should ultimately cater for 150 million passengers annually once fully operational. Meanwhile, Turkey’s (TAV) Airports has just announced that during the final 7-year period of its concession at the existing Ataturk Airport, it will continue to invest there in the form of a new terminal that will boost capacity by an additional +10 million passengers per annum (ppa).
This raises the prospect of an existing airport that is operated by a respected investor/operator, competing for primary hub status with a brand new one, which (TAV) bid on to operate, but which ended up in the hands of rivals in a consortium. And that does not take into account the other airport across the bridge in Asia, Sabiha Gökçen, which is owned and operated by yet another set of investors. Private enterprise in the airports business is alive and well in Istanbul but it needs to be.
Last year Ataturk’s passenger traffic grew by +13.8% to 51.3 million (34 million of whom were international), making it the 5th busiest European airport, closing in fast on 4th placed Amsterdam Schiphol. It also showed the largest growth of the top 25 European airports, bettered only indeed by Sabiha Gökçen, in 26th place with 18.6 million passengers and growth of +28.7%.
Turkish Airlines (THY) has started its 6th destination in France on June 12th, making Bordeaux (BOD) its latest addition to its burgeoning Istanbul Atatürk (IST) hub. The 2,435 km sector will be flown by a variety of equipment on a 4x-weekly basis and will face no direct competition.
(THY) has started its 13th destination in Germany on June 18th from its Istanbul Atatürk (IST) base, and world’s 18th busiest airport (2013 figures), namely to Münster/Osnabrück (FMO). The 4x-weekly, 2,028 km service, operated by a mix of equipment, will face no direct competition on the city pair. 5 days later, the Star (SAL) Alliance carrier also started 4x-weekly triangular flights to Abidjan (ABJ) in the Ivory Coast and Cotonou (COO) in Benin. The 737-900-operated, 4,648 km outbound sector operates to the largest commercial city in Benin 1st, before continuing onto the Ivory Coast’s biggest economic hub. There is no competition on either sector.
Turkish Airlines (THY) has confirmed it plans to convert options for 15 Boeing 737-8 MAX airplanes for delivery in 2020. In May, (THY) finalized a firm order for 40 737 MAX 8s, 10 737 MAX 9s and 20 737-800NGs, valued at $6.9 billion at list prices. A previously announced order in April included options for an additional 25 737 MAX 8s, the largest Boeing order in (THY)’s history.
(CEO) Temel Kotil said (THY) operates a fleet of 251 passenger and cargo airplanes that fly to 253 cities, comprising 43 domestic and 210 international destinations. In 2014, (THY) plans to add 20 leased and 20 purchase airplanes to its fleet. Currently, 18 airplanes are scheduled to be delivered (seven purchased and 11 leased) in 2014.
July 2014: News Item A-1: Turkish Airlines (THY) further strengthened its operations into Italy, a country market which on some days sees the Star (SAL) Alliance carrier offer up to 17x-daily flights, with the addition of 4x-weekly services to Pisa (PSA). Started on June 26th, the 1,545 km sector from its Istanbul Atatürk (IST) hub is flown by a mix of equipment. (THY) faces no direct competition on the airport or city pair.
(THY) has added its 3rd Russian destination from its 2nd but fast-growing operation at Istanbul Sabiha Gökçen (SAW), with Moscow Vnukovo (VKO) becoming the latest pin in the network map. Started on July 1st, the 4x-weekly service joins Stavropol and Astrakhan in being served from Sabiha Gökçen. While the 737-800-operated route will face no direct competition, Aeroflot (ARO) flies 4x-daily between Moscow Sheremetyevo and Istanbul Atatürk, while Pegasus Airlines (PGS) flies 3x-weekly between Sabiha Gökçen and Moscow Domodedovo.
(THY) will launch services to Algeria July 31 on the 2x-weekly, Istanbul to Tlemcen to Batna to Istanbul route. It will also begin 2x-weekly, Istanbul to Luanda, Angola services on August 13, 3x-weekly, Istanbul to Asmara, Eritrea service from August 19, and 3x-weekly, Istanbul to Bamako (Mali) to Conakry (Guinea) service from December 12.
(THY) commenced its 38th domestic route from its global hub at Istanbul Atatürk (IST), flying to Gazipa (GZP) in Southern Turkey. Started on July 25th, the 600 km roue will be flown 2x-daily with a variety of equipment. Onur Air (ONR) will provide the competition on the route, with its daily service.
News Item A-2: (THY) has opened a new, state-of-the-art, Maintenance Repair & Overhaul (MRO) facility, "(HABOM)," at Istanbul Sabiha Gökçen International Airport. (HABOM) represents an investment of about $550 million by (THY) subsidiary, Turkish Technic.
According to (THY), (HABOM) is designed to increase the technical (MRO) capacity and capability available to both Turkish Airlines (THY) and 3rd-party customers. When fully operational, it will house 7,000 employees and is expected to produce annual revenue of $1.5 billion.
The facility has an integrated structure and a closed area of 380,000 sq meters. It can handle (MRO) services for 11 narrow body airplanes in the dedicated narrow body hangar and 3 wide body airplanes in the wide body hangar at the same time.
A section of the wide body hangar was designed to be partitioned off to provide paint services for either 2 narrow body or 1 wide body airplane.
(THY) said with the new facilities, Turkish Technic’s narrow body airplane maintenance capacity will increase +57%, wide body airplanes maintenance capacity +43% and closed area capacity by +193%.
August 2014: Turkish Airlines (THY) has found a new country to serve. On August 19th, (THY), the Star (SAL) Alliance carrier began 3x-weekly flights from its Istanbul Atatürk (IST) hub to Asmara (ASM), the capital of Eritrea, a country in East Africa. The 3,009 km route will be operated via Taif in Saudi Arabia, using (THY)’s 737-800s. There is no competition on the route. Flights arrive in Asmara at 01:05 in the morning and depart again an hour later.
(THY) has added its 11th and 12th destinations in North Africa, by starting services to Tlemcen (TLM) and Batna (BLJ) airports in Algeria from its Istanbul Atatürk (IST) base, stopping in the former 1st before continuing onto the latter. The 2x-weekly (Mondays and Saturdays) operation will be flown by a variety of equipment. The inaugural flight took place on July 31st and no other operators offer the same city pairs.
As of June 30, (THY) listeds 263 airplanes in its fleet, comprised of 200 narrow body airplanes (88 Boeing 737-800s, 43 Airbus A321-200s, 33 A320-200s, 14 A319-100s, 12 737-700s, and 10 737-900ERs); 54 wide body airplanes (17 777-300ERs, 17 A330-300s, 14 A330-200s and 6 A340-300s) and 9 cargo airplanes (6 A330-200F and 3 A310-300F freighters).
Turkish Airlines (THY) has financed a new Boeing 777-300ER delivery with a Japanese operating lease and a call option (JOLCO), in a deal arranged by French bank Natixis and (BBAM). The equity portion of the (JOLCO) was underwritten by Nomura Babcock & Brown Company, while the debt portion was provided by Natixis, which also acted as facility agent and security trustee.
A330-223 (876, TC-JIP), ex-(OY-RCC), AerCap (DEA) leased.
September 2014: Turkish Airlines (THY) will start a 4x-weekly service Istanbul - Kherson, Ukraine service on October 15.
October 2014: News Item A-1: Russian aviation authorities have removed all restrictions for Turkish carriers on service to Sochi International Airport for the next 3 (IATA) seasons. The move is part of the Russian government’s plan to recoup the investment on airport renovations to prepare for last year’s 2014 Winter Olympics.
According to Russia’s Federal Air Transport Agency, Rosaviatsia, “Any operations of Turkish carriers to the point of Sochi could be without any limitations, including the 5th freedom traffic right for 3 (IATA) seasons, beginning from the (IATA) winter season 2014/2015.”
Authorities may specify Chelyabinsk as a new point for the Turkish carriers in Russia, according to Rosaviatsia.
Industry experts said the new negotiations were initiated by Turkish Airlines (THY) as it expects to increase its route network and create more connections at Ataturk Airport.
In April, (THY) launched its 10th destination in Russia to Istanbul to Stavropol. (THY)’s Russian service also includes flights from Istanbul to Moscow Vnukovo, St Petersburg, Novosibirsk, Yekaterinburg, Kazan, Rostov-on-Don, Ufa, Sochi and Astrakhan. However, (THY) could be limited in its Russian expansion plans, as Turkey cannot provide the Russian carriers with the same conditions. The bilateral agreements imply equal rights for the carriers from both sides.
Russian airlines cannot get slots at Ataturk Airport, while launching flights from Russian regions to Istanbul Airport. The space at Ataturk is limited and Sabiha Gökçen Airport is not an equal offer.
New Item A-2: The Association of European Airlines (AEA) Chairman, Temel Kotil used a keynote address at "The Maintenance Repair & Overhaul (MRO) Europe" meeting held in Madrid, to warn about the mounting dependency on original equipment manufacturers (OEMs) for aftermarket support.
Kotil, who is also Turkish Airlines' (CEO), said airline - (OEM) relations need to be rebalanced. Costs need to come down, while maintaining quality and safety levels, especially in emerging markets.
He highlighted how the worldwide fleet is set to grow from 21,000 airplanes in 2013 to 42,000 by 2023. This will be led by growth economies like Asia and Africa, creating opportunities for the (MRO) sector, but Kotil cautioned that high-cost services could stifle this growth potential. “The Asian market, which is 3rd in size today, will be the largest (MRO) market by 2024. The market is shifting from west to east,” he said. “There is a new market in Africa. There are billions of passengers waiting to fly.”
While in the past, there has been an even balance between (OEM)s, airline (MRO)s, and independent players, in supporting the world wide fleet, Kotil predicts a shift in market power in favor of (OEM)s, fueled by the latest generation of airplanes coming into service. “In the long term, the (MRO) market will be dominated by (OEM) monopolies,” he said.
This could be partly addressed by regulators granting more widespread parts manufacturer approvals (PMAs), opening up the spares market beyond the (OEM)s, and cutting wait times for airplane parts.
The (AEA) Chairman also called on (EASA) to work for greater standardization with the (FAA), harmonizing regulation in areas such as aging airplanes. “We need a holistic approach to get rid of unnecessary regulatory burdens,” he said. One example of this would be using performance-based safety oversight, cutting down the number of inspections needed for mature maintenance operations.
Finally, Kotil flagged the issue of the looming skills shortage: “584,000 new Maintenance Technicians (MT) are needed to maintain the world fleet from now to 2023,” he said. “We need to double the number of Maintenance Technicians in 20 years, or find a better way to repair airplanes,” he said.
News Item A-3: Turkish Airlines (THY) is the fastest growing and the most competitive airline in East Europe. It controls a dominant share of a key emerging market, accounting for 53% of both Turkey's international and domestic markets in terms of passengers carried. It is rapidly expanding into other major emerging markets, most notably the Asia Pacific region, to tap into the growing demand for air travel and connections between Europe/Africa and the Asian region. SEE ATTACHED CHART - - "THY-2014-10 - LAST 10 YEAR GROWTH" showing a performance overview of the airline for the latest decade (2004 - 2014), that provides a broad perspective of its growth trends in fleet, traffic and destination for each year. (THY) is today a 5-star airline with a fleet of 247 airplanes (passenger and cargo) flying to 247 cities around the world, comprised of 43 domestic and 204 international destinations. (THY) expects to operate 265 airplanes, carrying 60 million passengers to 270 destinations world wide by the end of 2014.
News Item A-4: Saudia (SVA) is set to commence its 1st scheduled international services out of Gassim later next year. Schedule data shows (SVA) will connect the central Saudi Arabian town with Dubai International with a 6x-weekly service beginning January 1, 2015. Operations are on board either an A320 or E170 equipment.
Though Air Arabia ((IATA) Code: G9, Sharjah) (ABZ), AlMasria Universal Airlines ((IATA) Code: UJ, based at Alexandria El Nohza) (ALU), flydubai ((IATA) Code: FZ, based at Dubai International) (FDB), Nesma Airlines ((IATA) Code: NE, based at Cairo International) (NSM), Nile Air ((IATA) Code:NP, based at Cairo International) (NLA), Qatar Airways ((IATA) Code: QR, based at Doha Hamad International) (QTA), and Turkish Airlines ((IATA) Code: TK, based at Istanbul Atatürk) (THY) all offer international connections to the airport, Saudia (SVA) has kept its services entirely domestic, offering flights to Dammam, Jeddah, Madinah, and Riyadh.
November 2014: Turkish Airlines (THY) has reported a 9-month net profit of +TRY1.55 billion/+$685 million, up +87% compared to the year-ago period. Sales revenue rose +33% to TRY18.4 billion, producing an operating profit of +TRY1.47 billion for the 1st 9 months of 2014.
(THY) operates an average of 1,200 daily flights. (CEO), Temel Kotil said recently, “We need to increase this number to 2,000 per day as soon as possible.”
(THY) has >230 airplanes on order. “And this number of airplanes we have on order is not satisfying the network [not enough airplanes]. But we will also continue to increase destinations,” Kotil said.
According to (THY), the number of international-to-international transfer passengers increased +23%, reaching a 43% share of total international passengers for the first nine months of 2014.
Turkish Cargo announced a +20% tonnage growth and carried 491 thousand tonnes of cargo during the 9-month period.
(THY) has scheduled flights to 45 domestic and 219 international destinations in 261 cities and 264 airports in 108 countries. Its fleet consists of 260 airplanes, comprising 198 narrow body, 53 wide body and nine cargo airplanes.
“Our growth in the past 10 years has been on average about 16% to 17%. We have learned so much, now the company has reached a kind of mechanism to fix problems,” Kotil said.
In 2015, (THY) will take delivery of 32 airplanes, including 7 Airbus A330-300s, 7 Boeing 777-300ERs, 13 A321-200s and 5 737-900s, Kotil confirmed in August.
With its (3Q) 2014 results, Turkish Airlines (THY) has returned to a path of improving underling profitability after 4 quarters of the year on year declines. Not only did (RASK) growth turn positive once more (after falling for 5 quarters), but also the (CASK) was held flat.
December 2014: Turkish Airlines (THY) said it decided to exercise options for 8 Airbus A321-200neo airplanes for delivery in 2019.
It will also convert 4 firm orders of Airbus A320-200neo airplanes to be delivered in 2016 to 4 A321-200neo airplanes to be delivered in 2021, it stated to the Istanbul stock exchange.
January 2015: News Item A-1: Turkish Airlines (THY) (CEO), Temel Kotil said that new SunExpress (SNS) long-haul Airbus A340-300 operations will not affect (THY)’s long-haul business.
News Item A-2: Qatar Airlines (QTA) & the (IAG): "Shifting sands in the global reach of the Gulf carriers" January 30, 2015 by Karen Walker in (ATW) Editor's Blog:
The announcement that Qatar Airways (QTA) has acquired a 9.99% stake in (BAB)/(IBE) parent company, the International Airlines Group (IAG) is an interesting development in the ongoing change in the international airline landscape prompted by the growth of the Gulf carriers.
(QTA) (CEO) Akbar Al Baker described the taking of a stake in the (IAG), worth about $1.7 billion, as an “excellent opportunity to further develop our Westward strategy.” (IAG) (CEO) Willie Walsh said he was “delighted” about the investment, and opportunities to work more closely with (QTA).
There’s an interesting history to the (IAG) and (QTA) connection. Al Baker and Walsh are long-time, firm friends who each hold the other in high respect. In October 2013, (QTA) joined the Oneworld (ONW) global alliance, becoming the first of the major Gulf carriers to join a global alliance. British Airways (BAB), a founding (ONW) member, was (QTA)’s sponsor and Walsh spoke very enthusiastically about the importance of having (QTA) join. My understanding is that his enthusiasm was not matched by every (ONW) member (CEO).
Dubai-based Emirates (EAD), meanwhile, remains alliance-independent, but in 2013 it entered a 5-year alliance with Qantas (QAN), another Oneworld (ONW) Alliance founding member. And Abu Dhabi-based Etihad Airways (EHD) owns a 29% stake in airberlin (BER), another (ONW) airline. (EHD) has its own version of an alliance, taking stakes in relatively small carriers and creating a constellation of airline equity partners that includes airberlin (BER), Air Serbia (JAT), India’s Jet Airways (JPL), Virgin Australia (VOZ), Air Seychelles (ASY) and Aer Lingus (ARL). Interestingly, the (IAG) wants to buy Aer Lingus (ARL), a move, which if it happens, would further tangle the (IAG)-Oneworld (ONW)-Gulf carrier web.
(EHD), of course, is also now a 49% owner of Alitalia (ALI) (to keep you on track with the alliance matings here, (ALI) is a SkyTeam (STM) Alliance member). But (QTA)’s stake in the (IAG) is the 1st time that 1 of the “Big Three” Gulf carriers has invested in 1 of the “Big 3” European airline groups of the (IAG), the Lufthansa Group and Air France (AFA) - (KLM).
It will be fascinating to see if the (QTA) - (IAG) deal marks the beginning of more such equity partnerships (within the caps of the (EU) airline ownership rules) between Gulf carriers and their European counterparts. The fact is that it’s becoming increasingly challenging for the “traditional” global hubs of Amsterdam, Frankfurt, Heathrow, and Paris to compete with the “modern” world hubs of Abu Dhabi, Dubai, and Qatar.
In the USA, meanwhile, there is growing awareness that what happened in Europe regards Gulf competition could happen in America. A campaign is being run by North America’s “Big 3” (American Airlines (AAL), Delta Air Lines (DAL) and United Airlines (UAL)) to try and get lawmakers to review "Open Skies" policies and the international air transport competitive landscape to take account of the rise of the Gulf carriers.
Flying under the radar so far in the shifting sands of air transport power houses is Turkish Airlines (THY), which is a Star (SAL) Alliance carrier and which has developed an extensive network, very large and modern fleet and highly successful global hub in Istanbul. It will be interesting to see whether that continues to be the case if, as Al Baker described it, a “Westward strategy” by Gulf carriers begins, in some eyes at least, to look more like a "Westward" invasion.
News Item A-3: Turkish Airlines (THY) is in negotiations to obtain 10 or more Airbus A380 jets in a deal potentially worth $4 billion based on a direct purchase at catalogue prices. A deal, if finalised, would be the 1st airline order for the double-decker jet since Dubai’s Emirates (EAD) boosted its order at the Dubai Airshow in November 2013, but the people cautioned there had been false alarms about a (THY) order in the past.
Sales of the world’s largest airliner have gone through a lean patch amid a slowing economy and indirect competition from Boeing (TBC)’s largest twinjet, the 777X, which is planned to seat 406 people compared with the A380’s standard layout of 535.
Fast-growing Turkish Airlines (THY) has long been on Airbus (EDS)’s target list as a potential customer for the A380.
In September, industry sources said it was considering leasing the airplane. It was not immediately clear whether the deal now being discussed would involve outright purchases or leases, or a mixture of both. Airlines usually get steep discounts on plane orders.
February 2015: News Item A-1: Turkish Airlines (THY) reported a 2014 net profit of +$845 million, more than doubled from a net profit of +$357 million for the previous year. Sales revenue for the year was $11 billion, up +13% year-over-year.
Full-year adjusted operating profit was +$638 million, down -2% compared to 2013.
During 2014, (THY) transported 54.7 million passengers, up +13.3% compared to the year-ago period. Passenger load factor stood at 79% LF, (THY) said.
According to a (THY) statement, (ASK)s grew +16.3%, above the industry growth rate of +5.6% for the same period, resulting in an increase in global market share from 1.6% to 1.8%.
(CEO) Temel Kotil said recently, “We are still a small airline and have just a 2% market share in global (ASK)s; by 2020 our share should be close to 4%.”
(THY) currently operates to 264 destinations in 108 countries with a fleet of 263 airplanes, comprising 55 wide body, 199 narrow body and 9 cargo airplanes. By the end of 2015, it plans to increase its fleet to 293, comprising 214 narrow body, 68 wide body and 11 cargo airplanes.
Looking forward, (THY) said it is targeting a +15% increase in capacity this year with load factors >80% LF. (THY) also expects passengers carried to reach 63.2 million, including 26 million on scheduled domestic routes, 36 million on scheduled international routes, and the rest on charter and Hajj flights.
Turkish Airlines (THY) is planning to add 2 domestic and 7 international destinations to its network, bringing the total number of destinations to 273.
News Item A-2: Turkish Airlines (THY) plans to extend services in Africa by adding 5x-weekly flights from Istanbul Ataturk to Abuja/Nigeria, its 38th destination in the continent, from March 3.
“Africa is one of our main focus [areas]. Our aim is the serve up to 50 destinations on the continent,” (CEO) Temel Kotil said.
(THY) will also launch nonstop 3x-weekly services to Manila from March 30. It will launch daily nonstop services to Taipei March 31; both routes are on board an Airbus A340-300.
(THY) said it currently serves 261 destinations in 108 countries.
In 2015, (THY) will take delivery of 32 airplanes, including 7 A330-300s, 7 777-300ERs, 13 A321-200s and 5 737-900s.
“We are still a small airline and have just a 2% market share in global (ASK)s; by 2020, our share should be close to 4%. It is not logical to set a limit,” Kotil said.
News Item A-3: Turkish (THY) Cargo increased its Istanbul to Budapest service to 3x-weekly, Airbus A310/A330 service.
News Item A-4: Ethiopian Airlines (ETH) and Turkish Airlines (THY) plan to launch new tri-weekly services to Manila’s Ninoy Aquino International Airport in the coming months.
From March 30, (THY) will operate new scheduled services to Manila, starting with 3x-weekly flights, but with plans to expand to daily.
“At 1st, we will have 3 direct [weekday] flights, then we’ll see if we can have daily flights,” the (THY) General Manager Philippines Erhan Balaban said. He added that (THY) believes there are significant opportunities for the new route (most likely using Boeing 777-300ERs) and that (THY) “sees the Philippines as an important market for us.”
The (THY) launch came on the back of a new air services agreement (ASA) between Turkey and the Philippines signed late last year, and will expanded with the addition of regular Saturday flights from October.
Similarly, Ethiopian Airlines (ETH) will open up new service to Manila at the end of June. (ETH) will fly a one-stop route via Bangkok, Thailand using Boeing 787-8s, and follows (THY)’s other new Asian route from Addis Ababa to Tokyo in April.
Like (THY), (ETH) plans 3x-weekly flights, on the back of a recently signed Philippines - Ethiopia (ASA) agreement.
The Philippines Civil Aeronautics Board (CAB) said the new routes are part of a drive to open new connections between the Philippines and the Middle East/Africa, and that both will offer new transit options for Filipinos traveling to both regions.
News Item A-5: Turkish Airlines (THY) is considering leasing 2 Airbus A380 superjumbos from Malaysian Airline System (MAS), giving (THY) a test run at flying the world's largest airliner, according to people familiar with the plan.
Senior management will ask for approval from the board in coming days to enter formal talks with (MAS). (MAS), which operates 6 A380s, no longer needs the capacity. Offloading parts of its A380 fleet would help (MAS) in its efforts to rescale its business after 2 777 disasters last year. (THY) is among the fastest growing carriers in the world and so far doesn't operate the A380, which could support (THY)'s push to establish its Istanbul base as a transfer hub for travel between Europe and the USA as well as Asia, mirroring the strategies of top Persian Gulf carriers located further SE.
"Following (MAS)' restructuring announcement, (MAS) is exploring new ways to reposition itself as a stronger and more sustainable airline for the future, however, (MAS) is unable to confirm on the matter as the business plan has yet to be finalized."
(THY) rose as much as +1.2% and was trading up +0.9% at 9.35 liras as of 11 am in Istanbul. Airbus (EDS) was +0.1% higher at EUR50.72 in Paris. (MAS) is controlled by sovereign-wealth fund, Khazanah Nasional Bhd.
(THY) is expanding its fleet at a rate of almost 3 planes a month after ordering 117 airplanes from Airbus (EDS) and 95 from Boeing Company (tbc). Focusing on higher frequencies has meant that until now (THY) wasn't ready to take on high-capacity planes, though a chance to lease a small number of A380s, without the commitment to purchasing, would allow (THY) to test whether it has sufficient demand.
(MAS) is looking to lease out the superjumbos because traffic has waned following two disasters last year. In early 2014, an (MAS) 777 disappeared, and no trace of the plane has been found to date, with all occupants officially declared dead. In July, another 777 crashed in Ukraine following a suspected missile attack, also killing everyone on board.
For (EDS), which has struggled to find new customers for the A380, even a small lease agreement involving the large plane would offer a respite, as it would give a fast-growing airline the chance to assess the model with a view toward possibly buying or leasing more in the future.
(EDS) has failed to find a new airline buyer for the A380 since 2013. Its only purchaser in 2014 was a leasing company, Amedeo, that has yet to line up a single carrier to take any of the 20 it ordered.
Leasing a plane from another company typically comes in 2 forms. A dry lease would hand over the (MAS) A380s to (THY), but require the new operator's pilots (FC) and flight attendants (CA) to get trained to work on the plane. A so-called wet lease would include trained pilots (FC) and flight attendants (CA).
March 2015: News Item A-1: Turkish Airlines (THY) will add 3 destinations to Africa this year, bringing the number of cities to 46 on the continent.
News Item A-2: INCDT: A Turkish Airlines (THY) A330 landing in dense fog at the Nepalese capital, Kathmandu on March 4th skidded off a slippery runway but there were no serious injuries, officials said.
Officials at Kathmandu's Tribhuwan International Airport said the A330 with 238 people on board was coming from Istanbul when the accident happened. They said passengers had bumps and bruises but no serious injuries.
The runway was slippery after 2 days of rain and there was dense fog at the time. The plane was stuck in the grass and there was some damage to the front of the A330. The plane was on a 7-hour flight, and had circled for half hour over Nepal before it made a 2nd attempt to land.
This only international airport in Nepal remained closed Wednesday morning March 4th after the accident.
News Item A-3: Turkish Airlines (THY) will add Abuja, Manila, and Taipei to its network from March 2015.
(THY) started a 4x-weekly service to Ahwaz (AWZ) in Iran (its 7th Iranian destination) on March 16th. Operated from (THY)’s main hub at Istanbul Atatürk (IST), the service is flown in conjunction with 1 of (THY)’s existing Iranian network points (Kermanshah) with 2x-weekly flights flown (IST) to Ahwaz to Kermanshah to (IST) and 2 flown in reverse, (IST) to Kermanshah to Ahwaz to (IST). (THY) will encounter no direct competition on its latest network addition.
News Item A-4: Turkish Airlines (THY) opened its new Maintenance Repair & Overhaul (MRO) facility named "(HABOM)" at Istanbul Sabiha Gokcen International Airport on July 1st, 2014, with an investment of about $550 million by Turkish Technic.
Turkish Technic, a 100% subsidiary of Turkish Airlines (THY), plans to grow its 3rd-party (MRO) business from 25% to 50% as it prepares for the opening of the 3rd Istanbul airport in 2017 for more hangar space.
SEE PHOTO - - "THY-2015-03 - (HABOM) (MRO)-A" which shows a SunExpress (SNS) 737-800 undergoing (MRO) work to get ready for a busy summer 2015 season. Up to 10 narrow body airplanes can fit in this hangar.
News Item A-5: Turkish Airlines (THY) has placed a firm order for 4 additional Airbus (EDS) A330-200F freighters that will be operated by its Turkish Cargo business.
This latest order will join the 5 A330-200Fs Turkish Cargo already operates, taking it to 9 of the type. Airbus (EDS) said the airplanes will help (THY) to “quickly meet the growing cargo market demand.”
The A330-200Fs will be powered by Rolls-Royce (RRC) (Trent 700) engines. “The A330-200F freighter airplanes have demonstrated outstanding operational reliability and performance for our cargo transport operations. It is with this in mind that we chose to expand our freighter fleet with more A330-200Fs,” (THY) (CEO) Temel Kotil said.
Across its fleet, (THY) has 139 (EDS) airplanes in service, comprising 91 single-aisle airplanes, 2 A310F freighters, 17 A330-200s, 18 A330-300s, 5 A330-200Fs and 6 A340s.
April 2015: News Item A-1: Turkish Airlines (THY) said due to political unrest in Yemen, it has temporarily suspended flights from Istanbul to Aden and Sana’a, at least until April 5. (THY) had cancelled a total of 20 flights to Aden and Sana’a airports so far.
On March 31, Yemen national carrier Yemenia (YEM), said it was temporarily suspending flight operations until April 30 “due to the prevalent unfavorable operational situation and restriction imposed on Yemen airspace.”
The European Aviation Safety Agency (EASA) has flagged warnings from both France and the USA, banning their carriers from Yemeni airspace due to safety concerns.
News Item A-2: Turkish Airlines (THY) increased its intercontinental offering with the addition of daily flights from its Istanbul Atatürk (IST) base to Taipei Taoyuan (TPE) on March 31st.
SEE PHOTO - - "THY-2015-03 - ISTANBUL TO TAIPEI.jpg."
The 8,399 km airport pair to Taipei’s primary gateway is not served by any other carrier and will be operated by (THY)’s 270-seat A340-300s.
(THY) has inaugurated 5x-weekly, Boeing 777-300ER service from Istanbul Ataturk to San Francisco.
News Item A-3: (THY) is rapidly developing its cargo network and commenced flights to the USA with weekly freighter services to Chicago from April 3rd. The all-cargo flight will supplement the substantial cargo capacity available on numerous passenger flights. From the beginning of the summer schedule 2015, Turkish Cargo will be present in >265 destinations, including 50 freighter destinations in 109 countries via its 9 freighters and 259 passenger airplanes.
News Item A-4: Turkish Airlines (THY) board Chairman Hamdi Topcu has resigned, effective April 6. (THY) has confirmed Ilker Ayci will succeed Topcu as board Chairman. (THY) (CEO) Temel Kotil has also become Deputy Chairman.
Several Turkish media outlets have reported that Topcu will run for Turkish parliament as a member of the ruling Justice & Development Party in the June 7 elections.
Ayci’s former positions include several board Chairman and (CEO) activities with international companies. Since 2011, he has served as President of the Republic of Turkey Prime Ministry Investment Support & Promotion Agency. Since 2014, he also functioned as the President of World Association of Investment Promotion Agencies (WAIPA).
News Item A-5: INCDT: A Turkish Airlines (THY) A320 slid off the runway April 25th after the pilots (FC) declared an emergency and landed at Istanbul Ataturk Airport. All passengers and crew evacuated safely.
Flight TK 1878 from Milan to Istanbul had 97 passengers on board. (THY) issued a statement confirming that the A320 had slid off the runway after landing and that there were no injuries among passengers or crew.
There were reports that one of the A320’s engines was on fire as it landed. One of the airport’s 3 runways was closed following the incident and several flights were cancelled that day.
On March 4, a (THY) A330 exited the runway after landing at Kathmandu Airport, Nepal. 1 passenger was reported slightly injured.
News Item A-6: Turkish Airlines (THY) will expand its wide body operations by adding 5 Airbus A330s to its fleet. (THY) plans to lease 3 A330-200s from Wells Fargo Bank Northwest, as well as 2 A330-300s from Afriqiyah Airways (AQY) for about 8 years.
It is not clear when the A330-300s will join the fleet.
According to (THY)’s website, (THY) currently operates a fleet of 19 Airbus A330-300s and 16 A330-200s.
It has placed a firm order for 4 additional A330-200Fs to be operated by Turkish Cargo. This latest order will join the 5 A330-200Fs, Turkish Cargo already operates, taking it to 9 of the type.
(THY) (CEO) Temel Kotil recently said that its fleet should grow to 293 airplanes by the end of 2015.
This year, (THY) will take delivery of 31 airplanes, comprising 7 Airbus A330-300s, 13 A321s, 1 A330-200F, 7 Boeing 777-300ERs and 3 737-900ERs.
May 2015: News Item A-1: Turkish Airlines flies to 45 domestic and 226 international destinations in 109 countries and operates 274 airplanes, comprising 62 wide body, 202 narrow body and 10 cargo airplanes.
This year, (THY) will take delivery of 31 airplanes, comprising 7 Airbus A330-300s, 13 A321s, 1 A330-200F, 7 777-300ERs and 3 737-900ERs, (CEO) Temel Kotil said in March.
The fleet expansion will get more ambitious in 2016, when (THY) takes delivery of 43 new airplanes, comprising 5 Airbus A330-300s, 10 A321s, 2 A330-200Fs, 6 Boeing 777-300ERs and 20 737-800s.
News Item A-2: Turkish Airlines (THY) on May 22nd launched a new domestic service from Istanbul Atatürk (IST) to the brand new Ordu-Giresun (OGU) airport, in Northern Turkey. This service marks the commemoration of the 1st ever scheduled service from the airport, which is situated on an artificial island in the Black Sea. Operating 4x-weekly services, the 777 km sector faces no direct competition. Although the inaugural service was operated using an A321, the rest of the schedule sees A319 operation according to (OAG) Schedules Analyser Data. On May 25th, (THY) also launched new services to Barcelona (BCN) with new direct flights from Istanbul’s Sabiha Gökçen (SAW). The new service complements the current service by (THY) who operate 3x-daily flights between Barcelona and Istanbul Atatürk. The 2,272 km sector will operate daily using 737-800s, and faces direct competition from Pegasus Airlines (PGS) who also operate a daily service.
News Item A-3: Boeing (TBC) and Turkish Airlines (THY) celebrated a milestone with the delivery of the airline’s 125th airplane purchased from Boeing (a Next-Generation 737-900ER) and one of 12 airplanes (THY), the Turkish flag-carrier will take delivery of this year.
(TBC) and (THY)’s relationship stretches back to 1968 when (THY) 1st purchased 1 McDonnell Douglas DC-9. In 1974, it began operating the 1st of the Boeing 7 Series, taking delivery of 2 727-200s. Since then, (THY) has grown to become one of the world’s leading carriers and currently operates a mix of Boeing 777-300ERs and 737 Next-Generation airplanes.
“Boeing (TBC) has played a pivotal role in the development of (THY) and these deliveries continue to enable (THY) to compete, expand and reach new short and long-range destinations nonstop from our hubs in Istanbul,” said Dr Ahmet Bolat, Chief Investment & Technology Officer, (THY). “We are committed to offering our passengers on every route the best flying experience possible and we deliver on that promise as the 777 and 737 provide comfort and convenience in spacious cabins, all matched with unrivalled reliability.”
737-9F2 (42013, TC-SCF), A321-231 (6599, TS-JSP), and A330-303 (1629, TC-JOI), ex-(F-WWKH) deliveries
June 2015: News Item A-1: "Turkish Airlines (THY) Steps Up Philippines Schedules" by (ATW) Jeremy Torr, June 12th, 2015.
(THY) will expand its flight schedules from its home base at Istanbul Atatürk International to Manila, Philippines’ Ninoy Aquino International from 3x-week currently to daily flights, using Airbus A340-300 aircraft. The new service will commence in October.
(THY) started the Istanbul - Manila service in March this year, and has pushed for the increased frequency in the wake of a new air services agreement (ASA) between the two countries. The expanded (ASA) allows for daily flights to Manila, but also opens up other international airports for up to 14x-weekly.
Philippines Civil Aeronautics Board Director, Carmelo Arcilla said the new agreement also applies to all other international airports in the Philippines. This could open the way for flights from Turkey direct to major destination hubs such as Mactan - Cebu, Macapagal International, Kalibo, and Zamboanga. (THY) has the only nonstop schedule between the Philippines and Europe run by a foreign carrier; Philippine Airlines (PAL) runs the only other schedule from Manila to London Heathrow Airport.
Filipino Tourism Secretary, Benito Bengzon said the Philippines was already pushing for (THY) to open a schedule to Cebu. “We know that Cebu is a very strong tourist destination,” he said. In 2014, the Philippines saw some 5,000 tourists from Turkey, and the numbers are projected to rise +200% by 2017.
News Item A-2: Turkish Airlines (THY) started its 276th world wide destination in 110 countries on June 30 with the start of 4x-weekly, A319-operated services to Karlsruhe/Baden-Baden (FKB). The airport becomes the 14th destination to be served in Germany from (THY)’s Istanbul Atatürk (IST) hub, with existing services to Frankfurt, Munich, Düsseldorf, Hamburg, Hannover, Cologne Bonn, Stuttgart, Nuremberg, Berlin Tegel, Bremen, Leipzig/Halle, Friedrichshafen, and Münster/Osnabrück. On July 3, (THY) is to commence a new weekly (Fridays) seasonal operation between Ankara (ESB) and Geneva (GVA). The 2,269 km sector will be operated until mid-September by its A320s. (THY) will face no direct competition on either city pair.
News Item A-3: Turkish Airlines (THY) has moved its service at Gatwick Airport, England from the North to the South Terminal.
July 2015: News Item A-1: Turkish Airlines (THY) started its 276th world wide destination in 110 countries on June 30th with the start of 4x-weekly, A319-operated services to Karlsruhe/Baden-Baden (FKB). The airport becomes the 14th destination to be served in Germany from (THY)'s Istanbul Atatürk (IST) hub, with existing services to Frankfurt, Munich, Düsseldorf, Hamburg, Hannover, Cologne Bonn, Stuttgart, Nuremberg, Berlin Tegel, Bremen, Leipzig/Halle, Friedrichshafen, and Münster/Osnabrück. On July 3, (THY) also commenced a new weekly (Fridays) seasonal operation between Ankara (ESB) and Geneva (GVA). The 2,269 km sector will be operated until mid-September by its A320s. (THY) will face no direct competition on either city pair.
News Item A-2: Turkish Airlines (thy) added to its existing 2x-daily Erbil (EBL) operations from Istanbul Atatürk on July 20 with a 4x-weekly service from Istanbul Sabiha Gökçen (SAW). The 737-800 operated service will face no direct competition on the 1,371 km airport pair. From September 18, the route will be increased to a daily rotation. (THY) now serves well >40 destinations non-stop from its 2nd Istanbul hub and has increased the number of flights from the airport by >30% in the last 12 months, providing ever-growing competition to the airport’s main carrier Pegasus Airlines (PGS).
News Item A-3: Turkish Airlines (THY) continues to grow its network from Istanbul Sabiha Gökçen (SAW). Following the launch on July 20 of flights to Erbil in Iraq, on July 22, (THY) started flights to Bahrain (BAH). The 2,544 km route will be operated 3x-weekly using 737-800s. (THY) already serves Bahrain daily from its main Istanbul Ataturk base. The new route is already flown daily by Pegasus Airlines (PGS). The 2 carriers now compete head-to-head on 40 routes from Istanbul’s 2nd airport.
News Item A-4: Turkish Airlines (THY) has signed a partnership agreement with the Baltic Aviation Academy to provide a wide range of aviation training, including pilot (FC) Ab Initio, type rating, ground handling and cabin crew (CA) training.
August 2015: News Item A-1: Turkish Airlines (THY) reported a 1st-half 2015 consolidated net profit of +$406 million, more than quadrupled from net profit of +$88 million in the year-ago period.
Although the currency of the country in which (THY) is domiciled is Turkish lira, the group tracks results in USA dollars.
In the 2nd quarter, (THY) increased its consolidated net profit +33.2% to +$253 million from the year-ago quarter (in Turkish lira, net profits rose +66% to +662 million).
1st-half consolidated revenues decreased -8.3% to $4.78 billion and traffic revenues fell -8.5% year-over-year to $4.22 billion. Operating profit in the 1st half was up +21.4% to +$238 million.
Passenger numbers were up +8.5% in (1H) 2015, reaching 28.5 million (16.3 million international, and 12.2 million domestic), with capacity (ASK)s increasing +10.1% to 70.7 billion and traffic (RPK)s up +8.6% to 55 billion. Passenger load factor was down -1% point to 77.8% LF.
(THY) said that, “despite the strong competitive environment among the world’s leading players, (THY) has tripled its global market share in the last decade and continues its profitable and sustainable growth while still gaining market share.”
(THY) (CEO) Temel Kotil said recently (THY) has a renewed interest in investing in other airlines.
A total of 21 new airplanes were added to the fleet in the 2015 1st half, and a further +18 are due to join the fleet in the 2nd half. Capacity growth in the 2nd half of this year is projected to be +19% compared with the same period last year, driven mostly by the USA, the Middle East, and the Turkish domestic market.
(THY) said there is a better demand outlook for the 2015 3rd quarter, but although the downward pressure on yields is expected to soften, it would still be evident in the 2nd half of this year.
News Item A-2: (LOT) Polish Airlines and Turkish Airlines (THY) have signed a letter of understanding (LOU), which will initiate an enhanced cooperation on existing code share routes. The final model of cooperation, which has not yet been finalized, will result in a future joint venture (JV).
(THY) and (LOT) have been code sharing on each other’s flights on Istanbul to Warsaw routes since October 2000. In 2014, service has been extended on Istanbul to Amman, Istanbul to Cairo, and Istanbul to Ankara for (THY) and Vienna to Warsaw and Warsaw to Krakow routes for (LOT).
With the expansion of the code share agreement, both airlines will put its designator code on some mutual selected flights beyond Istanbul and Warsaw to domestic destinations in Turkey and Poland, as well as to points in Africa, the Middle East, and Asia.
“(LOT) is ready to grow immediately as of 2016, and now is the best moment to strength equal cooperation with our key airline partners. (LOT) and (THY) have been partners for many years. I am convinced that this letter of understanding will help us to create unique and global offer. This will give our passengers all advantages of worldwide and supplementary networks of both carriers,” (LOT) (CEO), Sebastian Mikosz said.
News Item A-3: Turkish Airlines (THY) augmented its existing operations to Venice Marco Polo (VCE) on August 24, following the launch of daily operations from Istanbul Sabiha Gökçen (SAW). (THY), the Star (SAL) Alliance carrier, already flies 24x-weekly from its main hub at Istanbul Atatürk on the city pair. No other carriers operate on either airport pair. The 1,461 km service will be flown by (THY)’s 737-800 fleet.
News Item A-4: Rapidly growing Turkish Airlines (THY) is developing the nation’s capital airport, Ankara International Airport (ESB), into its 3rd hub. Its two other major hubs are in Istanbul (Atatürk and (IST) Sabiha Gökçen (SAW) airports).
“We want to make Ankara a hub for scheduled domestic and international operations,” (CEO) Temel Kotil said. He said there is already a small network existing in Ankara. “At the moment, we have 30 airplanes based there; the number could rise to 50,” Kotil said. “A small hub makes no sense. We also see potential in Izmir.”
Most of the current Ankara-based aircraft are operated by Turkish Airlines (THY)’s low-cost subsidiary AnadoluJet (ANJ). (ANJ) has wet-leased 28 Boeing 737NGs from Sunexpress (SNS), a 50/50% joint venture of (THY) and Lufthansa (DLH). “This number (of wet-leased aircraft) could grow further,” Kotil said.
SunExpress (SNS) has 69 Boeing 737s (including the 28 leased by AnadoluJet (ANJ). >20% of (SNS) business in 2014 came from wet-lease contracts, former (CEO) Paul Schwaiger said in February.
On regional routes, (THY) cooperates with BoraJet (BOJ), which operates a fleet of 5 Embraer E190s. (BOJ) just took delivery of 3 Embraer E195s from the Regional Aircraft Group of (GECAS) (GEF).
Kotil said that further improvements such as terminal extensions are currently under way at (IST). “We are optimizing our business at Ataturk.” For example, (THY) is reducing flights on highly frequented domestic routes such as to Antalya or Izmir, and operating [those flights] with Airbus A330 and Boeing 777-300ER wide bodies instead of Airbus A320 and Boeing 737 narrow bodies. This allows for additional slots at Ataturk.
“This is what we are doing from day to day. And we will do more (using wide body aircraft in place of narrow bodies on short-haul routes). (THY) currently operates 1,200 flights per day, but we are still a small airline,” Kotil added.
Next year, (THY) is expecting to take delivery of around 40 additional aircraft. (THY) has 290 aircraft in its fleet currently.
News Item A-5: "Turkish Airlines (THY) grows faster in Egypt than (MEB3)" by www.anna.aero, August 21, 2015.
After launching services to Sharm El Sheikh and Hurghada in 2013, Turkish Airlines (THY) has grown quickly in the Egyptian market, and last year (THY) outperformed all of the (MEB3) carriers in relation to seat capacity growth (Turkish Airlines (THY) 20%, Qatar Airways (QTA) 18%, Etihad Airways (EHD) 16% and Emirates (EAD) 8.3%).
Egypt, nestled at the north-eastern tip of the African continent, has 1 of the world longest timelines when it comes to the history of man, and now the country is home to approximately 90 million people according to Egypt’s Central Agency for Public Mobilization & Statistics. The nation’s pyramids are 1 of the great wonders of this world and are visited by thousands of people each year. Of course if you do not live in Egypt, the best way to get to see these historic icons is to fly-in, and in 2015 there is a choice of up to 11 commercial airports to fly to.
Borg El Arab is the fastest growing airport:
Alexandria Borg El Arab, which became the principle airport to serve the city of Alexandria after the city’s original airport, Alexandria International was closed for renovation (and re-opened in September 2014 with limited operations), has recorded the best growth of all Egyptian airports in the past 9 years. Since 2005, Borg El Arab has seen passenger numbers climb by +96%. The 2nd fastest growing airport of the past 9 years in relation to passenger traffic is Hurghada (38%), while Cairo came 3rd (31%). Apart from Alexandria being closed, the worst performing airport is Luxor, which has seen passenger figures fall by 74% since 2005. Over the past 9 years, despite the well-publicised political and economic turmoil, passenger traffic from Egypt has grown +26%, with a total of nearly 34 million passengers using the 11 commercial airports in 2014. With an average growth rate of +2% over the time period analysed, anna.aero predicts that Egyptian airport traffic will pass the 34 million benchmark by approximately 200,000 passengers in 2015, which will only happen of course, if this trend of average growth continues. Nonetheless, the country is still seven million passengers behind the 40 million milestone it passed in 2010.
One of the most competitive rivalries at the moment in the aviation industry is the challenge laid down by Turkish Airlines (THY) to the dominance of the (MEB3) in the global hub and spoke market. Within Africa, (THY) is indeed the best-connected airline in relation to the non-stop destinations served, when compared to the (MEB3) ((THY) (29) versus Emirates (EAD) (20), Qatar Airways (QTA) (17), and Etihad Airways (EHD) (8)). In Egypt, this trend is also being seen in destinations served. (THY) operates services to four Egyptian airports, which are Cairo, Borg El Arab, Hurghada, and Sharm El Sheikh. (QTA) serves three destinations (Cairo, Hurghada, and Luxor), while (EHD) and (EAD) both only serve Cairo. (THY) grew its capacity to Egypt by +20% this year, when compared to (S) 2014, beating fellow (MEB3) carriers (QTA) (18%), (EHD) (16%), and (EAD) (8.3%). It is worth noting though that (EAD)’s sister airline, flydubai (FDB), grew capacity on its service between Borg El Arab and Dubai by +28% over the past 12 months. However, despite (THY) offering the biggest growth of the 4 carriers, it is still in 2nd place behind (QTA), which offers >5,000 extra seats a month to its Doha hub, than Turkish’s Istanbul Atatürk capacity.
September 2015: News Item A-1: Turkish Airlines (THY) has chosen to implement Comarch Loyalty Management for its frequent flyer program called "Miles & Smiles."
News Item A-2: Istanbul’s 3rd airport, which will have capacity for 150 million passengers and is scheduled to open in 2018, is moving ahead with the selection of a design firm.
Istanbul New Airport, located 35 km from the city center on the European side of Istanbul, will be built and run by the (IGA) consortium. (IGA) comprises 5 Turkish contractors: Cengiz, Mapa, Limak, Kolin, and Kalyon.
(IGA) has selected engineering firm, (AECOM) to design the airport’s 3 initial runways, taxiways, apron, drainage systems, airfield ground lighting and navigational aids, with support from Turkish consultancy, Deltaturk.
(AECOM) says the facility will be the world’s largest new airport in terms of annual passenger capacity. The airport will initially be able to handle 90 million passengers annually, ultimately growing to 150 million, supported by 6 runways and 3 terminal buildings.
“The fast-track program will require (AECOM) to deliver its designs within one year, with the airport due to open in early 2018. The works to be designed cover an area of approximately 16 sq k and will be completed by specialist teams in the UK and Turkey,” (AECOM) said.
The new airport is expected to contribute >€32.4 billion/$36.7 billion to the Turkish economy in its 1st 25 years of operation.
“The demand for mega hub airports is growing, with the most successful cities investing in air travel to attract international trade. Straddling the East and West, this ambitious plan will see Istanbul quickly become one of the most connected cities in the world,” (AECOM) Senior VP & Director of Global Aviation, Bernardo Gogna said.
November 2015: News Item A-1: Turkish Airlines (THY), the Turkish flag carrier said, “Despite strong competitive environment among the world’s leading players, the political and economic instabilities over its operating environment and significant currency fluctuations, (THY) continues to report successful and sustainable results.”
(THY) flies to 50 domestic and 233 international destinations in 111 countries. It operates 297 airplanes, comprising 71 wide body, 216 narrow body and 10 cargo airplanes.
In 2016, (THY) expects to open up 15 new destinations. President & (CEO) Temel Kotil said recently, “Central and Latin America are important to us. In Africa, we are increasing frequencies to daily and 2x-daily services.”
(THY) also plans to open routes to Atlanta, and evaluate future routes including Detroit, Cincinnati, Denver, Denpasar, Phuket, Antananarivo (Madagascar), and Australia from 2017 onward.
Separately, (THY) the Star (SAL) Alliance member said it has canceled flights to Sharm El Sheikh until November 16 due to recently revealed security issues in the aftermath of the Metrojet (KLV) Airbus A321 crash October 31. Plans to evacuate stranded passengers at Sharm El Sheikh will be forthcoming, (THY) said.
News Item A-2: Turkish Airlines (THY) launched services to Maputo (MPM) in Mozambique on October 28. Flights originate from Istanbul Atatürk (IST) and will operate via (THY)’s existing Johannesburg services on Wednesdays, Fridays and Sundays using (THY)’s A330-300s. Manuela Ribeiro, Mozambique’s Deputy Minister of Transport & Communications, commented about the launch by saying: “This new route will further bring the culture of both countries together, serving also as a platform for improved trade transactions and tourism and leisure implementations between Turkey and Mozambique, as well as to the multiple onward connections available via Turkish’s Istanbul Atatürk hub.” The route will not face direct competition although multiple carriers do operate on the link between Johannesburg and Maputo.
News Item A-3: Turkish Airlines (THY) has made 6 changes to its processes and procedures following the March 4 excursion by an Airbus A330-300 landing at the Tribhuvan airport in Kathmandu, Nepal, after a flawed non-precision instrument approach in fog and deteriorating visibility.
December 2015: News Item A-1: "Turkish Airlines (THY) Firms Options on 10 737 MAX 8s, 20 A321neos" by Kurt Hofmann, December 1, 2015.
Turkish Airlines (THY) has converted options on 10 Boeing 737 MAX 8 airplanes and 20 Airbus A321neo aircraft. The 737 MAX 8 airplanes are scheduled for delivery in 2021.
“We have also decided to convert the options for 20 A321neos to firm orders to be delivered in 2020 and 2021, as well as delay deliveries of 17 A321neo aircraft from 2017 to 2018 and 2021 to 2022,” Genc said.
“With the delivery of 1 [additional] Airbus A321-200, our current fleet has now reached 299 aircraft [in December],” he said.
(THY) expects to take delivery of 43 new aircraft in 2016, comprising 5 A330-300s, 10 A321-200s, 2 A330-200Fs, 6 777-300ERs and 20 737-800s.
Separately, (THY) announced the launch of 4x-weekly, Istanbul Ataturk to Port Louis (Mauritius) to Antananarivo (Madagascar) flights on December 15. On December 24, it will launch daily Istanbul (Sabiha Gökçen) to Dubai services, which will increase to 10x-weekly flights from early next year.
News Item A-2: Avianca Brazil (ONE), which joined the Star (SAL) Alliance in July, has inked code share agreements with Star (SAL) members Turkish Airlines (THY) and Ethiopian Airlines (ETH).
The code share agreement signings took place December 9 on the sidelines of the (SAL) Alliance chief executive board meeting in Chicago. Avianca Brazil (ONE) (CEO) Jose Efromovich said the code share pacts are the “1st of many contracts we will sign within the (SAL) alliance.”
(THY) operates 7x-weekly Boeing 777 flights between Istanbul and São Paulo. (ETH) operates 3x-weekly 787 flights between Addis Ababa and São Paulo. “We hope to feed our partners with a lot of Brazilian passengers,” Efromovich told reporters in Chicago.
“Brazil is an important market for us,” (ETH) (CEO) Tewolde Gebremariam said. “There are [a significant number of] African descendants living in Brazil. We have been looking for connectivity out of São Paulo to the rest of Brazil, and Avianca Brazil (ONE) is going to provide it.”
Efromovich said he expected to gain approval from the Brazilian government for both codeshare accords within the next 2 months, adding that he did not expect regulators to raise any objections. Details on the routes covered by the code share deals will be provided, once regulatory approval is secured.
Efromovich conceded 2015 has been “a difficult year in Brazil” politically and economically, but noted that (ONE) has “managed to grow +15% and we managed to maintain our load factors” despite the county’s struggles.
(THY) (CEO) Temel Kotil said that Brazil’s economic situation didn’t dissuade him from pursuing a code share agreement with Avianca Brazil (ONE), explaining that the deal will pay dividends over time. “We are a long-runner,” he said. “This is the right time for this agreement.”
February 2016: Turkish Airlines (THY) took delivery of its 300th aircraft, an Airbus A330-300, at Istanbul Atatürk International Airport on February 5.
(THY) said 39 new aircraft will be added by the end of this year.
“At the end of 2016, (THY)’s fleet will comprise 240 narrow bodies, 87 wide bodies and 12 cargo aircraft for total of 339 aircraft,” Turkish Senior VP Media Relations Yahya Ustun confirmed.
Turkish Airlines (THY) flies to 284 destinations world wide, comprising 235 international and 49 domestic destinations.
March 2016: Turkish Airlines (THY) reported a 2015 net profit of +$1.69 billion, up from +$845 million for the previous year and surpassing a billion dollar level for the 1st time in its history.
During 2015, profit from main operations stood at +$895 million, up +32% compared to in 2014.
Sales revenue was $10 billion 522 million, slightly down from $11 billion year-over-year. >70% of its ticket sales were made abroad.
According to a (THY) statement, (ASK)s grew +13.6% and (THY) transported 61.2 million passengers on its 453.000 flights, creating a load factor of 78% LF.
It generated $2.6 billion of (EBITDAR) with a 24.5% margin, up +5.7% points in 2015. “1st of all, I would like to specify that we successfully completed 2015, which was generally described as a tough year for both the world and our country,” Chairman of the Board & the Executive Committee, Ilker Ayci said. “Turkish Airlines (THY) has reinforced its position among the most profitable airlines with these financial results recorded in this challenging year despite the fierce competition environment in global aviation industry and also the political and economical instabilities over its operating environment and significant currency fluctuations.”
(THY) flies to 284 destinations in 113 countries, operating 304 aircraft comprising 75 wide body, 219 narrow body and 10 cargo aircraft.
March 2016: Turkish Airlines (THY) will begin 3x-weekly, Istanbul to Bogota to Panama flights on May 4.
April 2016: News Item A-1: Turkish Airlines (THY) started a new route between Diyarbakir (DIY) and Erbil (EBL) in Iraq on April 11. The 378 km, 3x-weekly operation becomes (THY)’s 5th destination to be offered from the SE Turkish city, joining existing flights to Istanbul (Atatürk and Sabiha Gökçen), Ankara, and Bursa.
Flown by (THY)’s A320 fleet, the city pair is currently unserved. The Iraqi city gains its 3rd connection with (THY), adding to routes presently offered from Atatürk and Sabiha Gökçen.
Last year, Diyarbakir Airport handled >2 million passengers for the 1st time, up +15% on its 2014 figure.
News Item A-2: Turkish Airlines (THY) is considering undertaking a share buy-back scheme in a bid to limit fluctuations in its share price. (THY) said in a disclosure to the Istanbul bourse that it would budget TRY500 million/USD175.5 million to reacquire up to 10% of its stock valued at TRY1.38 billion/USD484.4 million. The buyback may be undertaken sometime during the next 3 years.
(THY) recently unveiled a 5-year growth plan aimed at promoting longterm sustainble growth and probability.
News Item A-3: "Turkish Airlines to Take Delivery of 26 Boeing Airplanes in 2016" by (ATW) Kurt Hofmann, April 29, 2016.
Turkish Airlines (THY) will take delivery of 6 Boeing 777-300ERs and 20 737-800NGs in 2016. “Our fleet now stands at >310 airplanes and is growing,” (THY) Chief Investment & Technology Officer Dr Ahmet Bolat said.
(THY)’s and Boeing (TBC)’s long history goes back to 1945, with the arrival of (THY)’s 1st DC-3/C-47 airliners. (THY) entered the jet age in the late 1960s, when it began operating DC-9, DC-10 and Boeing 707s. (THY) has also flown Boeing 727s, 757s, and MD-80s.
“In total, (THY) will add “+30-plus airplanes” to its fleet this year [including several Airbus aircraft],” (THY) President & (CEO) Temel Kotil said recently, adding (THY) plans to add fewer new destinations, but will increase frequencies on existing routes. (THY) is targeting about 72 million passengers [in 2016, up from 61.2 million the year before].
Turkish Technic, a 100% subsidiary of (THY), is a maintenance center for Boeing 737 with certifications from regulatory authorities throughout the region and beyond.
“At the end of 2016, (THY)’s fleet will comprise] 240 narrow bodies, 87 wide bodies and 12 cargo aircraft for a total of 339 airplanes,” (THY) Senior VP Media Relations Yahya Ustun said.
News Item A-4: "Kotil: Istanbul New Airport to be World’s Largest"
by (ATM) Kurt Hofmann, April 20, 2016.
Construction of Istanbul’s 3rd airport, called Istanbul New Airport, is moving forward and should be completed by February 2018. By 2035, the New Airport should serve 260 million passengers annually, making it the world’s largest airport, Turkish Airlines (THY) President & (CEO) Temel Kotil said. “In February 2018, Istanbul New Airport will go in service. (THY) is already building our headquarters, cargo areas, maintenance facilities, and every full technical scale we need there,” Kotil said. The airport will initially be able to handle 90 million passengers annually. The Istanbul New Airport will be able to handle 150 million passengers by 2030, supported by 6 runways and 3 terminal buildings. “But then the airport will grow further, to 260 million passengers per year in Istanbul [by 2035],” Kotil said.
The infrastructure of Istanbul Ataturk Airport, (THY)’s current hub, has limitations especially because of runways. The Istanbul New Airport, which is located 35 km from the city center on the European side of Istanbul, is crucial for (THY)’s further growth. “Istanbul Ataturk’s monthly data shows it has already become the 2nd largest airport in Europe [in terms of passengers],” Kotil said.
According to Airports Council International statistics for December 2015, London Heathrow (LHR) Airport handled 5.9 million passengers and Istanbul Ataturk handled 5.45 million, making it the 2nd busiest airport in Europe.
(THY) operates 1,200 daily flights to 280 destinations. In 5 years, (THY) expects to operate 2,000 flights per day.
News Item A-5: Kontron said Turkish Technic will deploy Kontron’s highly integrated, application-ready platforms as part of a new program with Turkish Airlines (THY). The wireless in-flight entertainment system “SKYFE,” developed jointly by Havelsan and Turkish Technic, has been selected by (THY) for deployment on its narrow body fleet.
News Item A-6: Turkish Technic will supply and repair components for Citilink’s Airbus A320s. Components will be supplied from Istanbul, Turkish Technic pooling stations in the ME and a Jakarta main base.
News Item A-7: Turkish Airlines (THY) is set to end scheduled A340-300 operations with effect from May 28. The A340-300's last flight for (THY) will be Madinah - Istanbul Atatürk which, despite departing on May 27, actually arrives on May 28 just after midnight.
(THY)'s last 3 remaining A340-300s are used on flights to Algeria, Jordan, the Netherlands, Spain, Lebanon, Romania, Germany, Saudi Arabia, Iran, Tunisa, Austria, and the United Kingdom.
July 2016: News Item A-1: "(FAA) Lifts Turkey Ban, Allowing Turkish Airlines to Resume USA Flights" by (ATW) Aaron Karp, July 18, 2016.
The (FAA) has lifted all restrictions on flights between the USA and Turkey, enabling Turkish Airlines (THY) to resume flights to the USA on July 19. The move rescinds a notice to airmen (NOTAM) issued July 16 in the aftermath of the failed coup attempt in Turkey, that had the effect of banning all (THY)’s flights to the USA. As of 1345 Washington DC time July 18, there were no longer any restrictions on flights from Turkey, an (FAA) spokesperson said.
(THY) had already canceled all of its July 18 flights to the USA (the 3rd straight day it did not operate flights between Istanbul and the USA) but said that “all flights to and from the USA will resume as usual starting from July 19.” After having to temporarily cease all operations during the failed coup, (THY) by July 18 had restarted flights to everywhere in the world except the USA.
(THY) operates 3x-daily flights between Istanbul (IST) and New York (JFK), 2x-daily service between (IST) and Los Angeles, and daily flights between (IST) and Atlanta, Boston, Chicago O’Hare, Houston Intercontinental, Miami, San Francisco, and Washington Dulles.
The (NOTAM) banned USA pilots (FC) and airlines from flying in Turkish airspace, but also prohibited any person operating an aircraft, regardless of registry, from departing Turkey to any USA airport.
Since no USA airlines fly between the USA and Turkey, there was no direct effect on USA carriers. But (THY) was heavily affected by the (NOTAM), which had been slated to be in place through August 31.
"The (FAA) Ban on Turkish Flights, Although Lifted, Was Puzzling" by Karen Walker in (ATW) Editor's Blog, July 18, 2016.
I’m struggling to understand why the USA initially imposed such a wide and lengthy ban on commercial flights to and from Turkey following July 15’s failed coup. The (FAA) notice to airmen (or notam) issued by the (FAA) on July 16 was made effective through August 31. In reality, this was a ban on Turkish Airlines (THY) because no USA airline operates scheduled services to Turkey. During the afternoon of Monday, July 18, the (FAA) announced the notam was being lifted. It appears the USA government wanted assurances that Turkey’s security screening processes remained compliant and on getting that, lifted the ban.
When the mutiny began, and military troops moved to take over Istanbul and Ankara, the situation was certainly dangerous and chaotic, and it was difficult to predict the outcome. In such circumstances, there were uncertainties about airport and airline security that made the (FAA) notam understandable. But the coup was quickly quelled. So the USA’s sweeping response is puzzling. This was not a terrorist attack and it was dealt with swiftly by the elected government of a country that is a (NATO) member and a USA military ally. Airlines from other countries, including British Airways (BAB) and Singapore Airlines (SIA), temporarily suspended flights to Turkey, but no other country issued a mandatory, blanket prohibition on commercial flights, let alone one that initially was set to stretch out 6 weeks.
(THY) is a member of the Star (SAL) global alliance with a fleet of 300 aircraft. Its main hub, Istanbul Ataturk, is a huge global hub-and-spoke operation that connects passengers and cargo from Europe, Africa, Asia, and the Americas. In the current (ATW) World Airline Report, Turkish ranks 13th in size by number of passengers carried, 15th in fleet size, 18th by operating revenue, and 10th by net profit. By the time the (FAA) notam was lifted, (THY) had been forced to cancel all its scheduled flights to the USA for 3 straight days and there will likely be a related effect on customer confidence and bookings. Whatever the rationale behind the USA’s flight ban, it’s a stark reminder that airlines, however successful and well managed, are uniquely susceptible to outside forces, including acts of terrorism, economic downturns, wars and, yes, attempted coups. As incoming (IATA) (CEO) & (DG) Alexandre de Juniac said in June "it’s a tough business running an airline."
August 2016: Turkish Airlines (THY) recorded a net loss of -1.894 million lira/-$644 million for the 1st half-year ended June 30, compared to a profit of +1.035 million lira for the same period a year ago. (THY) had experienced “challenging conditions” in the tourism sector, including a series of terrorist bombings in Turkey, which depressed yields further due to decreased local demand, (THY) reported in its consolidated balance sheet statement. In the 2nd quarter, (THY)’s flag carrier (THY) posted a net loss of -656 million lira, compared to a +661-million-lira profit for the year-ago period.
(THY) said lower fuel prices and increased capacity continued to put pressure on yields. Newly opened long-haul routes decreased yields further. Half-year revenue was up to 13.5 billion lira compared to 12.3 billion lira year-over-year (YOY), producing a (YOY) operating loss of -1.2 million lira compared to a +517-million-lira profit. Earnings before interest and taxes dropped significantly: 13 points from 4.9% to -8.1% (YOY).
(THY) (CEO) Temel Kotil said recently (THY) was feeling pressure on yields as it grows its transfer business to compensate for a drop in local demand caused by political and economic instabilities in Turkey and Europe. For the 1st half, international-to-international transfer passengers increased by +16.9% (YOY) at (THY)’s hub Istanbul Ataturk Airport. 1st-half traffic rose +7.8% (YOY) to 71.9 billion (RPK)s on a +14.1% increase in capacity to 97.6 billion (ASK)s, producing a load factor of 73.7% LF, down -4.3 points (YOY). Passenger numbers were up +4.4% (YOY) to 35.9 million passengers.
(THY) added that active capacity-management measures include reducing frequencies and downgauging aircraft size on several routes, measures needed to preserve network integrity. New tourist destinations such as the Seychelles; Havana, Cuba; Hanoi, Vietnam; Bogota, Colombia; and Panama should help to support the winter season. By the end of July, (THY)’s number of destinations rose (YOY) to 290 from 276. The number of wide body airplanes in its fleet increased (YOY) from 69 to 86. Narrow body aircraft rose (YOY) from 211 to 236 and cargo aircraft increased from 9 to 11.
For full-year 2016, Turkish Airlines (THY) will add 5 Airbus A330-200s, 7 A321s and 1 A330-200F, and 6 Boeing 777-300ERs and 14 737-800s to its fleet.
(THY) is targeting a figure of 61.2 million passengers carried in 2016.
October 2016: News Item A-1: "Turkish Airlines (CEO) Temel Kotil Resigns to Head Aerospace Industries" by Kurt Hofmann email@example.com, October 21, 2016.
Turkish Airlines (THY)’s long-term (CEO) Temel Kotil has resigned to become head of Turkish Aerospace Industries (TAI), a center of technology in design, development, manufacturing and after-sales support in Turkey. (THY) issued a statement October 21 saying it has appointed Bilal Eksi as General Manager. According to (THY), Eksi, who was assigned as Head of Overhaul Workshops in 2003, “led a significant organization carrying out the maintenance of aircraft engines, landing gears and all components. Mr Eksi, who has been assigned as the Chief Ground Operations Officer at (THY) after a period of 2 years, thanks to his accomplished works, carried out projects particularly in improvement of the on-time departure performance.”
Kotil began his career an Aeronautical Engineer. In 2003, he became VP of Turkish Airlines (THY). By April 2005 he was promoted to (CEO).
“When I 1st started as (CEO) in 2005, (THY) was carrying 12 million passengers and had 73 aircraft. Today, (THY) has reached 61 million passengers and has 299 aircraft. Istanbul has become 1 of the biggest airport hubs in the world,” Kotil said.
Under Kotil’s leadership, (THY) became a Star (SAL) Alliance member under Lufthansa (DLH)’s sponsorship.
Turkish Airlines (THY) has a 2023 goal to increase its fleet to >500 aircraft, raise the number of passengers to 120 million and focus on a $24 billion turnover target.
News Item A-2 Air Europa (ARE) and Turkish Airlines (THY) have implemented a code share agreement, effective October 1. Under the code share agreement, (ARE) has added its UX designator code on (THY) flights between Istanbul Ataturk to Madrid Barajas.
(THY) has added its TK code to (ARE) flights from Madrid to Las Palmas, Ibiza, as well as Palma de Mallorca (Spain), including on long-haul services from Madrid to Havana (Cuba), Santo Domingo (Dominican Republic) and Lima (Peru).
(ARE) (CEO) Maria Jose Hidalgo said the agreement “allows both companies to continue its growth and expansion and gives us the opportunity to offer our passengers a wide and varied range of connections with all the advantages and comfort of a code share agreement.”
News Item A-3: Turkish Airlines (THY) reshuffled/deferred delivery of 39 A321neos and 737 MAXs that were scheduled for 2018 - 2022, citing decreased demand from terrorist bombings and other economic challenges. Deliveries will be rescheduled from 34 to 10 in 2018, from 40 to 35 in 2019, from 52 to 42 in 2020, 6 in 2021 (no change), from 6 to 30 in 2022, and to 15 in 2023.
November 2016: News Item A-1: Turkish Airlines (THY) reported a 9-month 2016 net loss of -$463 million, reversed from a net profit of +$877 million in the year-ago period. According to the report, revenues for the 9-month period decreased 6.1% to $7.6 billion; operating loss for the period was -$154 million, reversed from an operating profit of +$894 million last time.
(THY) said political and economic instability (especially in Europe and Middle East) as well as the increased perception of global and regional risks, had a negative impact on aviation demand and placed pressure on yields. Moreover, increased capacity, led by low fuel prices and increased competition, also affected ticket prices and total revenue. The report also stated passenger and cargo revenue in all networks (except to America and Africa) dropped in all markets, including domestic routes.
During the 9-month period, (THY) transported 48.3 million passengers, up +4%, on 357,000 flights. (ASK)s increased +14%; (RPK)s were up +8.2% and load factor was down to 74.5% LF from 79% LF in the year-ago period. (THY)’s (EBITDAR) margin for the 9-month period was 17.4%, down -8.8% points year-over-year.
On October 7, (THY) reported to the Borsa Istanbul stock exchange that it would reschedule deliveries of some 92 Airbus A321neos, 65 Boeing 737 MAX 8s and 10 737 MAX 9s that were planned to enter the fleet between 2018 - 2022. The narrow body deliveries will be reduced from 34 to 10 in 2018; from 40 to 35 in 2019; and from 52 to 42 in 2020. 6 of the re-engined narrow body airplanes are expected to be delivered in 2021, 30 in 2022 and 15 in 2023. (THY) has grounded approximately 30 airplanes as a result of weakening demand across its network. (THY) has not yet publicly confirmed it. The grounded airplanes appear to include at least 12 Airbus A330-200s, 3 A340-300s, 8 A319s and at least 5 Boeing 737-800s.
At least 15 of the grounded airplanes are owned by Irish lessor AerCap (DEA). 3 A330-200s, wet leased from Jet Airways (JPL), were scheduled to be returned early next year.
(THY) flies to 49 domestic and 243 international destinations in 117 countries. (THY) operates 336 airplanes (43 of which delivered in 2016), comprising 86 wide body, 237 narrow body and 13 cargo airplanes.
News Item A-2: Turkish Airlines (THY) will add 3x-weekly flights from Istanbul Ataturk to Havana (Cuba) and Caracas (Venezuela) from December 20.
December 2016: Turkish Airlines (THY) has taken 8 Airbus A330-200s out of service as part of a sublease plan to cut costs following a net loss of -$463 million in the 1st 9 months of 2016, reversed from a net profit of $877 in the year-ago period.
The losses were a result of weakening demand across its network and economic instability because of geopolitical events in Turkey and the region. Aircraft remarketing agent Cabot Aviation, a division of Air Partner, has been authorized by (THY) to remarket the 8 A330-200s for sublease (either dry or wet). The 8 aircraft, which are configured for 24C seats in business and 255Y in economy class, were built between 2007 and 2011. The A330-200s have (PW4168A-1D) engines and a 233-tonne maximum take-off weight. Cabot said the aircraft offer an operator the ability to quickly supplement capacity or test markets on a wet-lease basis or over a longer term on dry lease. The 8 aircraft also have the potential to form their own “mini fleet,” even if an operator already has A330s with another engine type or configuration,” according to Cabot.
On October 7, (THY) reported to the Borsa Istanbul stock exchange that it would reschedule deliveries of some 92 Airbus A321neos, 65 Boeing 737 MAX 8s and 10 737 MAX 9s that were planned to enter the fleet between 2018 and 2022. The narrow body deliveries will be reduced from 34 to 10 in 2018; from 40 to 35 in 2019; and from 52 to 42 in 2020.
On November 10, it was reported (THY) had grounded approximately 30 aircraft as a result of weakening demand across its network. The grounded aircraft included at least 12 Airbus A330-200s, 3 A340-300s, 8 A319s and at least 5 737-800s. At least 15 of the grounded aircraft are owned by Irish lessor AerCap (DEA). 3 A330-200s, wet leased from Jet Airways (JPL), were scheduled to be returned early next year.
December 2016: Turkish Airlines (THY) began Istanbul - Zanzibar services on December 13.
January 2017: News Item A-1: Turkish Airlines (THY) in 2016 had 62.76 million passengers +2.5%, 126.81 million (RPK)s (2015: 119.30 million (RPK)s; +6.3%; 74.6% LF (2015: 77.7% LF).
News Item A-2: Turkish Airlines (THY) is on a cost-savings drive and has grounded 25 narrow bodies after events last year hit demand for travel to Turkey, but (THY)’s new (CEO) Bilal Eksi, said he has no plans to cancel any new airplane orders. He said (THY) had budgeted for double-digit growth in 2016. But the June 28 terrorist attack at Istanbul Ataturk Airport and an attempted military coup caused a steep decline in demand.
News Item A-3: Turkish Technic (THY) signed a contract with Russian-based Yakutia Airlines (SYL) contract to provide (GTCP131-9B) Auxiliary Power Unit (APU) maintenance.
February 2017: A330-243F (1768, TC-JOZ), ex-(F-WWYL) delivery.
March 2017: Turkish Airlines (THY) reported a 2016 net loss of $77 million, reversed from a net profit of $1.7 billion for the previous year.
(THY) reported a -$291 million loss from main operations for the year, reversed from an +$895 million profit in 2015. Revenue for 2016 was $9.8 billion, down -6.9% from $10.5 billion in 2015.
(THY) had budgeted for double-digit growth in 2016, but the June terrorist attack at Istanbul Ataturk Airport and an attempted military coup later in the same summer seriously affected demand and profits.
(THY) (CEO) Bilal Eksi said recently that it expected to have losses, “but not so much because of what happened last year. In 2016, demand suddenly changed.” (ASK)s grew +10.7% and (THY) transported 62.8% million passengers, up +2.5% year-over-year (YOY), creating a load factor of 74.6% LF, down -3% (YOY). Operational expenses grew +3.1% (YOY) to $10.1 billion for 2016.
(THY) generated $1.6 billion of (EBITDAR) in 2016, down -36.9% (YOY), with a 16.6% margin, down -7.9% points (YOY).
SunExpress (SNS), a joint venture of Lufthansa (DLH) and Turkish Airlines (THY), announced a loss of $26 million for 2016.
Looking forward, Eksi said the biggest challenge for 2017 is cost savings and growth. Also, he said priorities were “modernizing our Information Technology (IT) systems and exploring ancillary revenues, for example on exit rows like other airlines are doing.”
2 A330-343E (1483, TC-LOA; 1542, TC-LOC), ex-(EI-FNY, EI-FSC), Intrepid Aviation Partners leased.
May 2017: News Item A-1: Turkish Airlines (THY) carried 13 million passengers in the 1st quarter, down -8% compared to 14.2 million passengers in the year-ago quarter.
Domestic traffic fell -2.9% and international traffic decreased -11.8% year-over-year (YOY) in the 1st quarter. (THY) said ASKs dropped -7.8% (YOY) to 36.3 billion from 39.4 billion during the January - March period. RPKs were down -7.3% (YOY) to 26.9 billion, producing a load factor of 74.2% LF, up 0.4 point.
Passenger aircraft movement also decreased -9.6% (YOY) to 97,506. However, by the end of the 1st quarter, the number of aircraft increased to 337 from 306 in the year-ago quarter. The number of wide body aircraft rose from 76 to 90; narrow body aircraft grew from 220 to 234; and cargo aircraft went up to 13 from 10.
Turkish Airlines (THY) Deputy Chairman & (CEO) Bilal Eksi said recently (THY) had no plans to cancel any new aircraft orders.
(THY), the Star (SAL) Alliance carrier reported a 2016 net loss of $77 million, reversed from a net profit of $1.7 billion for the previous year 2015. (THY) said it had budgeted for double-digit growth in 2016, but the June terrorist attack at Istanbul Ataturk Airport and an attempted military coup later in the same summer seriously affected demand and profits.
News Item A-2: Latest code share partner for Copa Airlines (COP) is Turkish Airlines (THY), a fellow Star (SAL) Alliance member now flying to Panama.
(THY) will place its TK designator code on Copa (COP) flights between Panama City and David (Panama); Porto Alegre, Rio de Janeiro, Manaus, Belo Horizonte and Sao Paulo (Brazil); Santo Domingo and Punta Cana (Dominican Republic); Guayaquil and Quito (Ecuador); San Salvador (El Salvador); Asuncion (Paraguay); Lima (Peru).
(COP) will place its CM designator code on (THY) flights between its strategic Hub of the Americas Panama City and Istanbul Atatürk. (THY)
will also place its code on Copa (COP) flights to Cancun, Mexico City and Guadalajara (Mexico); Managua (Nicaragua); San Jose (Costa Rica) and Montevideo (Uruguay).
(COP) (CEO) Pedro Heilbron said the agreement “has great importance since it contributes to strengthen the connectivity between Latin America with Istanbul and the rest of Europe.” (COP) said it offers connection to 74 destinations in the Americas and the Caribbean via Panama City.
News Item A-3: Lebanon’s Middle East Airlines (MEA) and Istanbul-based Turkish Airlines (THY) will code share beginning May 15.
Star (SAL) Alliance member Turkish Airlines (THY) will place its TK designator code on SkyTeam (STM) member (MEA)´s double-daily Istanbul Ataturk - Beirut flights; in return, (MEA) will place its ME designator code on Turkish’s 3x-daily flights on the same route.
(MEA) Chairman Mohamad A El-Hout noted the agreement was “signed between 2 members of 2 different airline alliances, which proves the ability of both carriers to expand their networks to cities not served by their aircraft.”
Turkish Airlines (THY) Deputy Chairman & (CEO) Bilal Eksi said hopes this is a 1st step to further enhance relations between 2 airlines.
News Item A-4: 777-3F2ER (60402, TC-LGK) (BOC) Aviation (SIL) leased.
June 2017: A320-214 (3896, TC-JPU), returned to (AWAS) (AWW). A330-202 (504, TC-JNG) returned.
July 2017: News Item A-1: Qatar Airways (QTA) and Turkish Airlines (THY) announced June 6 that passengers can once more carry on board their laptops after USA authorities approved new security arrangements at Doha’s Hamad International Airport and Istanbul’s Ataturk International Airport.
(QTA) and (THY) were among airlines affected by the ban the USA imposed on 10 countries in March prohibiting personal electronic devices (PEDs) larger than mobile phone to be brought as carry-on luggage on flights to the USA.
The ban was said by the USA government to be in response to renewed, but unspecific efforts by terrorists to bring down airliners using new forms of explosives that could be hidden in (PED)s.
On June 28, however, the USA issued new, broader security screening requirements all international flights to the USA and said the laptop ban would be lifted if airports in affected countries could demonstrate they had complied with the new security measures.
(QTA) said that “with immediate effect, all (PED)s can be carried on board all departures from Hamad International Airport, Doha, to destinations in the USA. “(QTA) and Hamad International Airport have met with all requirements of the USA Department of Homeland Security’s new security guidelines and we would like to express our thanks to the USA and local authorities for their support during this process.”
A similar announcement came from (THY): “The electronic ban concerning electronic devices that was implemented on USA arrival flights since March 25 has ended on July 5. (THY) passengers traveling to New York (JFK) from Istanbul Atatürk Airport carried their (PED)s on the 6:45 am flight number TK-3.”
Some idea of the scale of the headache caused by the ban came in comments from (THY)’s Chairman Ilker Ayci;: ‘‘During 102 days, 81,736 (PED)s were carefully collected from our passengers at gates by our staff and carried in overprotected baggage on 1,087 flights to the USA. “75% of (PED)s were laptops and tablets, 25% consisted of cameras, (GPS) devices and Kindles.”
(QTA) and (THY) join Etihad Airways (EHD) and Emirates Airlines (EAD), whose home bases of Abu Dhabi International Airport and Dubai International Airport have already been freed from the carry-on (PED) restrictions. Saudia (SVA) is expected to follow suit later in July.
News Item A-2: Turkish Technic (THY) secured an Airbus A320neo component pooling agreement with Indonesia's Citilink (CNK).
September 2017: News Item A-1: Turkish Airlines said it intends to order 40 Boeing 787-9 Dreamliner airplanes, a long-awaited deal that signals (THY)'s rebound following a terrorist attack on its Istanbul hub last year.
When finalized, the order would be worth nearly $11 billion before the customary discounts for large airplane purchases. Discounts would put the value of the deal closer to %5.8 billion.
It would be Turkish Airlines (THY)’s 1st order for the 787. (THY) said the 787-9s are needed to meet demand for wide body airplanes at Istanbul’s 3rd airport, which is under construction. Slated to open in the 2nd half of 2018, “Istanbul New Airport” will eventually be the world’s busiest airport handling 150 million passengers annually by 2030. (THY) already has 75 737 MAX jets on order.
In addition, Boeing (TBC) and the Turkish government have jointly announced an “aerospace initiative.” Boeing said the initiative “outlines a strategic framework that aligns Boeing investment and programs with the [Turkish] government, Turkish airlines (THY), aerospace service companies and industry suppliers in the areas of research, engineering, and skills development.”
News Item A-2: Turkish Technic (THY) was selected by Shaheen Air (SHK) to perform "S"-Checks on 4 A330s.
October 2017: "Istanbul New Airport Promises to be ‘Smarter’; More User Friendly" by (ATW) Alan Dron firstname.lastname@example.org, October 12, 2017.
The organization behind Istanbul New Airport (INA) has unveiled some of the advances it hopes will make the huge new facility a user-friendly experience for passengers.
(INA) airport, which is being created to take over from the still relatively young but increasingly overcrowded Atatürk International, is scheduled to open in 2018; its 1st phase will have 3 runways and a terminal with an annual capacity of 90 million passengers.
If the airport, located 35 km/22 mi north of Istanbul, grows to the full size envisaged through a series of expansion phases, it will eventually have 6 runways, 3 terminals and the capacity to handle up to 200 million travelers annually.
According to (IGA), the organization charged with constructing and running (INA), airports will have to become “smarter” and more proactive in assisting the people who use them as the volume of air traffic grows.
A “smart airport” will have “digitally aware, interconnected systems” that should nevertheless be simple to operate, (IGA) said in its latest progress update on the airport.
A mobile app will be a critical part of providing information to passengers, (IGA) said.
Another key element will be to use the Internet of Things (IOT) to allow passengers to request and receive information relative to their location in the airport and give them feedback in real-time. A request for help through the app, which will auto-locate the passenger, will bring assistance from the nearest airport employee, (IGA) said.
Combining the (IOT) and big data will aim to proactively managing passenger flow through the airport, providing a real-time view of queues at security, immigration and other touchpoints in the airport. Again, this information will be provided via the mobile app.
A bag-drop system will allow passengers to weigh their luggage and use their boarding pass at the self-bag tag kiosk to generate a label for their bag. The passengers will then be directed to the designated bag drop zone where they can transfer the luggage themselves.
After completing check-in, passengers with biometric chipped passports will be able to use automated e-passport gates, which (IGA) said will speed passenger flow.
To improve the retail experience, a combination of 3-D hologram systems, smart shopping carts with a charging function, mobile cash-registers and electronics customer profiling, will operate. A “Magic Mirror” application will allow customers to see virtually how watches, clothes or make-up products look on them without physically trying them on.
Customers arriving by car will use an “intelligent carpark” in which automatic license plate readers will register a parked vehicle’s location. Motion detection technology will automatically start a video-recording camera if it detects movements such as collisions, robberies or inappropriate actions.
November 2017: News Item A-1: Turkish Airlines (THY) reported a (3Q) net profit of +$697 million, up significantly from the +$184 million profit in the year-ago period, as traffic demand returned and revenues rose. For the 1st 9 months of 2017, the Star (SAL) Alliance airline also saw a reversal of fortunes, posting a +$263 million net profit compared with a -$463 million loss for the same period in 2016. (THY) has been steadily rebounding from a series of events that impacted demand and financials
News Item A-2: Pratt & Whitney (PRW) Turkish Engine Center has a 5-year Turkish Airlines (THY) contract to perform (V2500) and (CFM56-7B) overhauls under its EngineWise program.
December 2017: News Item A-1: "Azul, Turkish Airlines to Code Share" by Kurt Hofmann, (ATW) Daily News, December 8, 2017.
Azul Brazilian Airlines (AZL) and Turkish Airlines (THY) have signed a code share agreement. Star (SAL) Alliance partner (THY) will add its TK code on (AZL) domestic flights via São Paulo (Guarulhos) to many destinations in Brazil, such as Rio de Janeiro, Belo Horizonte, Cuiaba, Curitiba, Porto Alegre, Recife, Goiania and Florianopolis.
(AZL) is the largest airline in Brazil by number of cities served, and offers 755 daily flights to 104 destinations with a fleet of 118 aircraft.
"The code share with (THY) will be very important to strengthen our international presence, especially for customers traveling from Europe and Asia to Brazil. Now they will be able to enjoy the convenience of thru ticketing, check-in and boarding passes," (AZL) Chief Revenue Officer Abhi Shah said.
News Item A-2: Turkish Cargo (THY) took delivery of its 1st of 2 Boeing 777F freighters.
January 2018: News Item A-1: Turkish Airlines (THY) is targeting 74 million passengers carried in 2018, comprising 33 million on domestic and 41 million on international routes.
By the end of the year, (THY) expects to switch operations from Istanbul Atatürk International to the Istanbul New Airport (INA), which is scheduled to open Phase 1 in late October. In its 1st phase, INA will open 3 runways and a terminal with an annual capacity of 90 million passengers. If the new airport grows to the full size envisaged through a series of expansion phases, it will eventually have 6 runways, 3 terminals and the capacity to handle up to 200 million travelers annually.
By the end of 2018, (THY) expects a passenger load factor of 79% to 80%; (ASK)s are predicted to rise 5% to 6% to 183 billion, compared to 2017.
Capacity is expected to see year-over-year (YOY) increases of +10% in Turkey, +9% in the Middle East, +6% in Europe, +6% in the Far East, +4% in the Americas and +3% in Africa.
For 2018, (THY) estimates cargo/mail volume to increase +21% (YOY), reaching 1.3 million tonnes.
Jet fuel consumption is expected to be up +9% (YOY); average jet fuel (including fuel hedges) is expected to be $633/tonne in 2018.
(THY) is targeting generating $11.8 billion in sales revenue; (CASK), excluding fuel, is expected to increase between +3% to +5% (YOY).
For the 1st 9 months of 2017, Turkish posted a $263 million net profit, reversed from a -$463 million loss for the same period in 2016. Over the 9 months, (THY) carried 51.6 million passengers, up +6.9% (YOY), on 354,765 flights.
News Item A-2: Turkish Cargo (THY) began weekly Istanbul to Miami, Florida Boeing 777-200F service.
News Item A-3: Turkish Airlines (THY) has signed a memo of understanding (MOU) with Airbus (EDS) to acquire 20 A350-900s, plus 5 options. The agreement was signed at the Élysée Palace, Paris, during Turkish President Recep Tayyip Erdoan’s official visit to France with French President Emmanuel Macron.
(THY) Board Chairman İlker Aycı said the order will “play a key role in our growing business in the years to come. The increased business volume for the local Turkish supplier industry by Airbus (EDS) will be a great gain for the sector.”
Turkey, which has been a partner in all Airbus (EDS) aircraft programs, has been an integral part of the Airbus supply chain for nearly 20 years. For example, Ankara-based Turkish Aerospace Industries has a 2% share in producing the A350, (CEO) Temel Kotil.
(THY) operates a mixed Airbus (EDS) and Boeing (TBC) fleet of 331 (passenger and cargo) airplanes, operating to 251 international and 49 domestic destinations.
In September 2017, (THY) announced an order for 40 Boeing 787-9 airplanes. When finalized, the order would be worth nearly $11 billion at list prices. It would be (THY)’s 1st order for the 787.
February 2018: News Item A-1: Turkish Airlines (THY) launches 2x-weekly Istanbul to Freetown, Sierra Leone service on February 24.
News Item A-2: "Turkey's Largest Airport will Open in October, says Turkish Transport Minister, Turkey" by Ali Kucukgocmen, (ATW) Daily News, February 10, 2018.
The 3rd airport in Turkey's largest city, Istanbul, will open on October 29, Transport Minister Ahmet Arslan was quoted by state-run Anadolu news agency.
80% of the construction of the airport, which Turkey says will be 1 of the world's biggest, is completed, Arslan said. The project is designed to accommodate growing traffic in a major hub.
Under President Tayyip Erdogan, Turkey has built high-speed railways, suspension bridges and undersea tunnels to boost the construction industry and domestic demand.
The airport is among Turkey's mega-projects which include a 3rd bridge across the Bosphorus that opened in 2016 and plans to build a huge canal in Istanbul that would render a large chunk of the city an island.
Incoming flights will be directed to the new airport from the existing Ataturk Airport as soon as the new one opens, the agency quoted Arslan saying. The transition to the new site will be completed in 48 hours.
The airport will be large enough for 114 planes to dock at the same time, the Minister told Anadolu, adding that it would employ 225,000 people when fully operational.
Arslan said around US$10.2 billion was invested in the project and that it would generate around US$22.2 billion in 25 years before value added tax.
Istanbul's Ataturk Airport is among Europe's 5 busiest airports, recovering in 2017 from a downturn in passenger traffic the previous year. It will be closed after the new airport opens.
Istanbul is a major hub for transit flights, attracting lucrative transfer traffic this year from major airports in the Gulf as Turkey recovers from security worries, according to travel data analysis company "Forward Keys."
News Item A-3: Turkish Technic (THY) has an Istanbul low cost carrier (LCC) Onur Air (ONU) contract for Airbus A330 component pooling services.
March 2018: News Item A-1: Turkish Airlines (THY) began 2x-weekly Istanbul to Freetown, Sierra Leone Boeing 737-900ER service.
News Item A-2: Turkey-based airport operator (TAV) Airports will buy a 49% stake in (ICF) Antalya, the joint-venture (JV) company that manages Antalya International Airport.
The southern Turkish airport handled >26 million passengers in 2017 and is the main airport serving a string of popular tourist resorts along the coast.
(ICF) Airports is a (JV) of Germany’s Fraport and Turkey’s (IC) Içtaş.
(TAV) Airports manages 17 airports throughout Europe and the Middle East; it’s largest single shareholder is Aéroports De Paris (ADP), which has a 46.12% stake in the company.
(TAV) currently operates 4 of the 5 airports on the strip of coastline known as the Turkish Riviera.
The share purchase is subject to regulatory approval.
News Item A-3: Turkish Airlines (THY) has finalized a firm order for 25 Boeing 787-9 airplanes, plus 5 options. (THY) originally agreed to buy 40 787-9s in a letter of intent (LOI) signed in September 2017, but reduced the number to 25 this month.
(THY) Chairman M İlker Aycı said the 787 will “significantly raise our passengers’ satisfaction and play an important role in our plans for our new hub, the new Istanbul airport. This will accelerate the steady rise of our country’s flag carrier and support the growth of Turkish civil aviation.”
Slated to open in the 2nd half of 2018, “Istanbul New Airport” will eventually be the world’s busiest airport handling 150 million passengers annually by 2030.
May 2018: News Item A-1: "INCDT: Asiana Airlines A330 Wing Slices Tail off Turkish Airlines A321" by (ATW) Victoria Moores (email@example.com), May 14, 2018.
INCDT: An investigation has begun after an Asiana Airlines (AAR) Airbus A330-300’s wing collided with the tail of a Turkish Airlines (THY) A321 while taxiing at Istanbul Airport on May 13, causing substantial damage to the parked aircraft. The airport’s fire service attended the scene, but no injuries were reported.
The (AAR) A330-323X (1001, HL7792) was taxiing as flight number OZ552 from Istanbul Atatürk to Seoul Incheon, when it struck the Turkish Airlines A321-230 (TC-JMM).
Video footage posted to social media shows the (AAR) A330’s right wing severing the (THY) A321-230’s vertical stabilizer, which is left hanging off the aircraft. The rear end of the A321-230 visibly shifts from the impact of the ground collision.
A (THY) spokesperson there were no passengers and crew injured due to the incident; it just caused physical damage on both aircraft.
According to Flightradar24, the A330-323X was delivered to (AAR) in 2009, while the A321-230 was manufactured in 2006 and acquired by Turkish Airlines in 2014.
An (AAR) spokesperson confirmed the incident occurred at 1730 local in Istanbul on May 13. There were 222 passengers on board the A330 at the time of the incident, as well as 16 crew members.
News Item A-2: Turkish Technic (THY) has a 5-year flynas (NAZ) contract to provide Airbus A320 component pooling.
June 2018: China’s (ZTO) Express to launch joint venture (JV) with Turkish Airlines (THY), and (PAL) Air by (ATW) Katie Cantle.
Shanghai-based (ZTO) Express plans to launch a (JV) with Turkish Airlines (THY) and Hong Kong-based (PAL) Air to explore the international express delivery market.
Click below for photos:
THY-737 MAX - 2013-04
THY-737-400 - 2004-09
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THY-737-800 - WINGLETS 2011-10
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THY-737-900 - 2011-10
THY-737-900 - 2011-12
THY-737-9F2ER - 2012-11
THY-777 - 2009-01
THY-777-300ER - 2015-04.jpg
THY-777-300ER - 2016-04.jpg
THY-777-3F2ER - BARCA LOGOJET 2011-10
THY-A320neo - 2013-03
THY-A321 - SHARKLETS - 2013-12
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THY-A330-203 - Retro-2015-11.jpg
THY-A330-300 - 2013-02
0 727-200 (JT8D-15), (TOP) LEASED, 3 RETURNED.
0 727-2F2F (JT8D-15) (1804-22992, /82 TC-JCA "EDIRNE"), 1 (KHT) LEASED, 2 SOLD TO (TML) 2000-07, CONVERTED TO FREIGHTER /95. SOLD TO (LGC) 2006-03. FREIGHTER.
3 737-4Q8 (CFM56-3C1) (2280-25372, /92 TC-JDI; 2604-26300, /94 TC-JKA "KARS;" 2689-25376, /95 TC-JEN "GELIBOLU;" 2717-25377, /95 TC-JEO "ANADOLU;" 2732-25378, /95 TC-JEP), (ILF) LEASED. 25372 RETURNED 2002-05. 25378 RETURNED. 2598-25375; 602-26299 RETURNED 2000-04. 26298; 26300; 2000-05; 26302 RETURNED 2000-06, TO (VOZ); 26300 (ILF) LEASED 2001-01; 24904 RETURNED 2001-02 TO (HGA). 24910 TO (KHT), 26290 TO (PGS) 1999-08. 150Y.
10 737-4YO (CFM56-3C1) (2071-24917, /91 TC-JDF "AYVALIK;" 2203-25181, /92 TC-JDG "MARMARIS;" 2227-25184, /92 TC-JDH "AMASRA;" 2258-25261, /92 TC-JDT "ALANYA;" 2284-26065, /92 TC-JDY "ANTALYA;" 2375-26073, /93 TC-JER "MUGLA;" 2425-26077, /93 TC-JET "CANAKKALE;" 2431-26078, /93 TC-JEU "BAYBURT;" 2468-26085, /93 TC-JEV "EFES;" 2475-26086, /93 TC-JEY "SIDE;" 2487-26088, /93 TC-JEZ "BERGAMA"), (GEF) LEASED. 25184; WET-LEASED TO (BOS) 2009-06. 25184; WET-LEASED TO (BOS) 2009-05. 26088; TO PAMIR AIRWAYS (PIR) 2009-07. 150Y.
3 737-4YO (CFM56-3C1) (1678-23981, /89 TC-JKB "KONYA"), EX-(SAP); 1749-24469, TC-JKC "BURSA" EX-(AAR); 1751-24493, TC-JKD "TRABSON" EX-(AAR), (GEF) LEASED 2004-08. 12C, 140Y.
2 737-700 (CFM56-7B), CELESTIAL AVIATION TRADING 66 6 YEAR LEASED 2009-10.
1 737-7GL (CFM56-7B) (34759, G-CGFV), (RBS) AEROSPACE LEASED 2010-06.
1 737-7GL (CFM56-7B) (34760, TC-JKR "GELIBOLU"), EX-(G-CGFW) 2010-04.
1 737-73V (CFM56-7B) (32420, TC-JKT), (SIL) LEASED 2010-04. EX-(EZY), EX-(G-EZJY), 2010-04.
1 737-752 (CFM56-7B) (34298, TC-JKK "FAITH"), (GEF) LEASED 2009-03.
2 737-752 (CFM56-7B) (34299, TC-JKN "BESIKTAS;" 34300, TC-JKO "KADIKOY").
40 ORDERS 737-800 (CFM56-7B):
52 737-8F2 (CFM56-7B26) (80-29765, /98 TC-JFC "DIYARBAKIR," 87-29766, /98 TC-JFD "RIZE;" 95-29767, /98 TC-JFE "HATAY;" 99-29768, /98 TC-JFF "BINGOL;" 102-28769, /98 TC-JFG "MARDIN;" 114-29770, /98 TC-JFH "IGDIR;" 228-29771, /99 TC-JFI "SIVAS;" 242-29772, /99 TC-JFJ "AGRI;" 259-29773, TC-JFK "ZONGULDAK;" 269-29774, /99 TC-JFL "ORDU;" 278-29775, /99 TC-JFM "NIGDE;" 308-29776, /99 TC-JFN "BITLIS;" 309-29777, TC-JFO "BATMAN;" 349-29778, /99 TC-JFP "AMASYA;" 370-29779, /99 TC-JFR "GIRESUN;" 454-29780, /99 TC-JFT* "KASTAMONU;" 461-29781, /99 TC-JFU "ELAZIG;" 490-29782, /00 TC-JFV; 497-29783, /00 TC-JFY "MANISA;" 539-29784, /00 TC-JFZ "BOLU;" 544-29785, /00 TC-JGA "MALATYA;" 566-29786, /00 TC-JFB "ESKISEHIR;" 771-29787, /01 TC-JFC "KOKAELI;" 791-29788, /01 TC-JFD "NEVSEHIR;" 1065-29789, /02 TC-JGE* "TEKIRDAG" W/O IN ACCDT 2009-02; 1088-29790, /02 TC-JGF* "ARDAHAN;" 1828-34405, /05 TC-JGG "ERZINCAN;" 1852-34406, /06 TC-JGH "TOKAT;" 1873-34407, /06 TC-JGI "SIIRT;" 1880-34408, /06 TC-JGJ "AYDIN;" 1924-34409, /06 TC-TJK "KIRSEHIR;" 1927-34410, /06 TC-TJL "KARAMAN;" 1944-34411, /06 TC-JGM "HAKKARI;" 1949-34412, /06 TC-TJN "BILECIK;" 1972-34413, /06 TC-JGO "KILIS;" 1978-34414, /06 TC-JGP "BARTIN;" 1988-34415, /06 TC-JGR; 1996-34416, /06 TC-JGS; 2009-34117, /06 TC-JGT; 2012-34118, /06 TC-JGU 100TH APL IN "BOEING" COLORS; 2021-34419, /06 TC-JGV; 2592-35738, /08 TC-JGY*; 2708-35742, /08 TC-JHC; 35745, TC-JHF "AYVALIK;" 40991, TC-JHS "AMSAYA;" 42002 TC-JHU "AMASRA"). *WINGLETS. 165Y.
1 737-8F2 (CFM56-7B26) (42002, TC-JHU), LIVERY DEPICTS PROMOTION OF (THY)'S PARTNERSHIP WITH GERMAN SOCCER TEAM, BORUSSIA DORTMUND - - "SEE ATTACHED PHOTO - - "THY-2013-05 - NEW 737 ORDER" WITH WINGLETS. 165Y.
1 737-86Q (CFM56-7B) (1647-30296, TC-JHJ), EX-(VT-AXA). AIRCASTLE (CSL) LEASED 2010-04. 165Y.
0 737-800 (CFM56-7B26), (AVF) LEASED. 5 RETURNED. 165Y.
12 +14 ORDERS 737-9F2ER (CFM56-7B27) (3669-40973, /11 TC-JYA "SELCUK" - - SEE PHOTO - - "THY-737-900;" 3693-40974, /11 TC-JYB; 3948-40977, /12 TC-JYC; 4020-40978, /12 TC-JYD; 4044-40979, /12 TC-JYE; 4098-40982, /12 TC-JYF; 4110-40983, /12 TC-JYG; 4134-40984, /12 TC-JYH; 4176-40985, /12 TC-JYI - - SEE PHOTO - - "THY-737-9F2ER - 2012-11;" 4308-40986, /13 TC-JYG; 42013, TC-SCF, 2015-05), 16C, 135Y.
65 ORDERS (2020-02) 737 MAX 8 (LEAP-1B):
10 ORDERS 737 MAX 9 (LEAP-1B):
1 777-200F (GE90-115B), FREIGHTER.
1 777-3F2ER (GE90-115B) (60402, TC-LGK), (BOC) AVIATION (SIL) LEASED 2017-05.
1 ORDER 777-35RER (GE90-115B), DELAWARE AIRCRAFT LEASED:
20 ORDERS (2016-02) 777-300ER (GE90-115B):
4 777-35RER (GE90-115B) (35159, TC-JJD "ANADOU;" 53-35160, TC-JED; 666-35162, TC-JJB; 660-35164, TC-JEE - - SEE PHOTO - - "THY-777-2009-01"), (JPL) WET-LEASED 6 MONTHS 2008-12. 8F, 20C, 274Y.
10 777-3F2ER (GE90-115BL) (895-40707, /10 TC-JJE; 899-40708, /10 TC-JJF; 903-40791 /10 TC-JJG "YILDIZ;" 906-40792, TC-JJH, 2010-12; 909-40709, TC-JJI "EGE" 2010-12 - - SEE PHOTO - - "THY-777-3F2ER - "BARCA*" LOGOJET 2011-10;" 913-40710, TC-JJJ, 2011-01; 40711, TC-JJK "AKDENIZ," 2011-02; 40793, TC-JJL "KARADENIZ," 2011-02; TC-JJN "ANADOLU" 2011-10; TC-JJO "ISTANBUL" 2011-10; TZ-JJP "ANKARA" 2011-10; 44124, TC-LJB "AYASOFYA"). *PHOTO OF BARCELONA FC PLAYERS ON FUSELAGE. 8F, 20C, 274Y.
25/5 ORDERS 787-9:
0 MD-83 (JT8D-219) (2090-53185, /94 TC-AKM; 2092-53186, /94 TC-AKN), (WFS) WET-LEASED UNTIL 2006-05. 165Y.
0 A310-203 (CF6-80A3) (386, /85 TC-JCO "LEFKOSA" TO (KHT) 1999-06) 6 RETURNED (AFIS) TO (IRN) 2001-01. 338; 390 TO (IRN) 2001-01. 375; 389; TO (IRN) 2001-09. 18C, 192Y.
0 A310-203 (CF6-80A3) (352, /85 TC-AKP), EX-(CYP), (ILF) 3 YR LEASED 2004-04. (WFS) WET-LEASED TO 2004-07. RETURNED. 28C, 213Y.
0 A310-304 (CF6-80C2A2) (418 SOLD TO (FAF) 2001-01), 2 SOLD TO (MHN); 537 2002-07 & 2002-11. 18C, 192Y.
0 A310-304 ((CF6-80C2A2) (476, /88 TC-JCV "ARAS;" 496, /89 TC-JDA "AKSU"), 18C, 192Y.
0 A310-304ET (CF6-80C2A2) (497, /89 TC-JDB "GOKSU"), TO (AFG) 2009-04. 18C, 190Y.
3 A310-304F (CF6-80C2A2) (478, /88 TC-JCY "CORUH;" 480, /88 TC-JCZ "ERGENE;" 502, /89 TC-JCT "SAMSUN"), EX-(ISF), INTREPID LEASED 2004-10, CONV BY (EDS) DRESDEN. HAS "TURKISH AID FOR SOMALIA" ON FUSELAGE. TURKISH CARGO OPERATIONS. FREIGHTER.
1 A319-132 (V2524-A5) (2404, /05 TC-JUA; 2414, /05 TC-JUB "YESILKOY"; 2452, /05 TC-JUD), 2013-06. 132Y.
11 A319-132 (V2524-A5) (2631, /05 TC-JLO; 2655, /05 TC-JLP; 2738, /06 TC-JLM "SINOP;" 2739, /06 TC-JLN; 3142, /07 TC-JLR; 4629, /11 TC-JLS; 4665, /11 TC-JLT; 4695, /11 TC-JLU; 4755, /11 TC-JLV "SAPANCA;" 4774, /11 TC-JLY; 4790, /11 TC-JLZ), 28CY, 114Y.
6 A320-214 (CFM56-5B4/2) (545, /95 TC-JLA "SANLIURFA" 2004-07; 553, /95 TC-JLH "CORUM" 2004-11; 559, /95 TC-JLI "BATMAN;" 562, /95 TC-JLB "BALIKESIR 2004-07; 566, /96 TC-JLC "KAHRAMANMARAS" 2004-08; 574, /96 TC-JLD "MERSIN" 2004-08). 150Y.
1 A320-214 (CFM56-5B4/2P) (1054, /99 TC-JLG "ADIYAMAN" 2004-11). 156Y.
2 A320-214 (992, /99 TC-JLE "ERZURUM" 2004-06; 1413, /01 TC-JLF "SAKARYA" 2004-07), SALE (SIL) LEASED. 150Y.
2 A320-214 (3896, TC-JPU "AKSARAY;" 3931, TC-JPV "SISLI;" 3949, TC-JPY "BEYKOZ"). 3896, RETURNED TO (AWAS) (AWW) 2017-06. 150Y.
0 A320-231 (V2500) (257; 428; 476), RETURNED (TSD).
5 A320-232 (V2527-A5) (1856, /03 TC-JLJ "SIRNAK;" 1909, /03 TC-JLK "KIRKLARELI;" 1996, /03 TC-JLL "DUZCE;" 2401, TC-JUI, 2013-06; 2522, TC-JUI "HATAY" 2013-07), EX-(VLR), (SIL) LEASED 2005-03.
16 +3 ORDERS A320-232 (V2527-A5) (2602, TC-JUK; 2609, /05 TC-JPA "MUZ;"; 2626, /05 TC-JPB "RIZE;" 2928, /06 TC-JPC "ERZURUM;" 2934, /06 TC-JPD "ISPARTA;" 2941, /06 TC-JPE "GUMUSHANE;" 2984, /06 TC-JPF "YOZGAT;" 3010, /07 TC-JPG "OSMANIYE;" 3185, /07 TC-JPH "KARS;" 3208, /07 TC-JPI "DOGUBEYAZIT;" 3239, /07 TC-JPJ "EDREMIT;" 3257, /07 TC-JPK "ERDEK;" 3303, /07 TC-JPL "GOREME;" 3341, /07 TC-JPM "HARPUT;" 3654, /08 TC-JPR; 3718, TC-JPS, 2009-12; TC-JPT). 156Y.
0 A321-111 (522, /95 TC-JMA "YOZGAT;" 541, /95 TC-JMB "OSMANIYE"), (AFIS) LEASED 2004-08. RETURNED. 186Y.
14 ORDERS (2011-02) A321-200 (V2500 SELECTONE):
25 ORDERS A320ceo:
60/28 ORDERS (2016-02) A321neo:
20 ORDERS (2021-02) A321-200neo:
1 A321-211 (CFM56-5B3/P) (TC-JRA "KUETAHYA"), LEASED 2009-08. SEEN 2011-10 IN "STAR ALLIANCE" COLORS. 186Y.
0 A321-211 (CFM56-5B3/P) (1012, TC-KTY, NTU), (BOU) LEASED 2004-04. 186Y.
1 A321-211 (CFM56-5B3/P) (1219, /00 TC-JME "BURDUR;"; 1233, /00 TC-JMF "BINGOL"), (GEF) LEASED. 1219; RETURNED & LEASED TO (NWD) 2011-09. 186Y.
1 A321-211 (CFM56-5B3/P) (2060, /03 TC-JMG "KINKKALE"), (BOU) LEASED 2005-03. 186Y.
26 A321-231 (V2533-A5) (806, /98 TC-JMC "AKSARAY;" 810, /98 TC-JMD "CANKIN;" 2823, /06 TC-JRA "KUETAHYA;" 2868, /06 TC-IRB "SANLIURFA*;" 2999, /07 TC-JRC "SAKARYA;" 3015, /07 TC-JRD "BALIKESIR;" 3126, /07 TC-JRE "TRABZON;" 3207, /07 TC-JRF "FETHIYE;" 3283 /07 TC-JRG "FINIKE;" 3350, /08 TC-JRH "YALOVA;" 3382, TC-JML "EMINONU;" 3405, /08 TC-JRI "ADIYAMAN;" 3429, /08 TC-JRJ "CORUM;" 3525, /08 TC-JRK; 3637, TC-JMH, 2009-01; 3573, YC-JMI, 2009-01; TC-JRO "ULUDAG" 2011-10; 4654, TC-JRN 2017-08; 5663, TC-JSK, 2013-06; 5667, TC-JSL, 2013-06; 5689, TC-JSM "AYDER;" 6599, TC-JSP, 2015-05; 6709, TC-JSU "KALECIK;" 6751, TC-JSV "ILGIN;" 6766, TC-JSZ "CANAKKALE;" 6869, TC-JTE), (ILF) LEASED. 3126, TC-JRE; WET-LEASED TO (SVA) 2007-12. *IN "STAR ALLIANCE" LIVERY. 186Y.
2 A321-232 (3637, TC-JMH; 3673, TC-JMI), 2009-01.
2 A321-232 (3688, TC-JMJ; 3738, TC-JMK), 2009-01.
3/5 ORDERS A330-300 (TRENT 700EP):
8 ORDERS A330-200, LEASED:
3 ORDERS (2015) A330-200, WELLS FARGO BANK NORTHWEST:
3 A330-200 JET AIRWAYS (JPL) WET-LSD, TO BE RETURNED EARLY 2017.
8 A330-200 (PW4168-1D) (/07 TO /11) TO BE DRY OR WET-LSD 2016-12 AND ON. 24C, 255Y.
2 A330-202 (TRENT 700EP) (0463, TC-JNF "CANNAKKALE;" 0504, TC-JNG "BAYNURT;" TC-JNH "TOPKAPI"), 0504 RETURNED 2017-07.
5 A330-203 (CF6-80E1A3) (697, /05 TC-JNA "GAZIANTEP;" 704, /05 TC-JNB "KONYA;" 742, /06 TC-JNC "KUSHIMOTO;" 754, /06 TC-JND "ANTALYA;" 774, /06 TC-JNE "KAYSERI"). 22C, 228Y.
2 A330-223 (CF6-80E1) (305; 308), EX-(DLH).
1 A330-223 (CF6-89E1) (939, TC-LNB) DUBAI AEROSPACE ENTERPRISE LEASED 2015-12.
1 A330-223F (PW4170) (1164, /11 9M-MUC), 2013-01. FREIGHTER.
1 A330-243 (398, G-WWBM), (BMA) WET-LSD 2010-06. EX-(F-WWKL).
2 A330-243 (529, TC-JNV, 1550, TC-JOU "CAYHAN" 2015-05).
1 A330-243 (876, TC-JIP), EX-(OY-RCC), AERCAP (DEA) LEASED 2014-08.
1 A330-243 (1240, TC-TUR), EX-(F-WWKQ) 2011-10.
6 +3 ORDERS A330-243F (TRENT 700EP) (1004, TC-JDO "MERIC" 2010-09 - - SEE PHOTO - - "THY-A330-243F-2010-10;" 1092 TC-JDP "FIRAT" 2011-10; 1332, /12 TC-MCZ, 1344, /12 TC-JDR; 1550, TC-JOU "CAYHAN"), "TURKISH CARGO" TITLES. FREIGHTER.
1 A330-243F (TRENT 700EP) (17687, TC-JOZ), EX-(F-WWYL), 2017-02. FREIGHTER.
2 ORDERS (2015) A330-300, AFRIQIYAH AIRWAYS (AQY) 8 YEAR LEASED:
7 +13 ORDERS A330-302 (CF6-80E1A4) (1499, TC-JOM), EX-(F-WXAK), 28C, 261Y.
1 A330-303 (1629, TC-JOI), EX-(F-WWKH) 2015-05.
13 +2 OPTIONS A330-343E (TRENT 772B-60) (1150, /10 TC-JNH "TOPKAPI;" 1160, /10 TC-JNJ; 1170, /10 TC-JNK; 1172, /10 TC-JNK "SANLIURFA;" 1204, /11 TC-JNL; 1212, /11 TC-JNM; 1228, /11 TC-JNN; 1298, /12 TC-JNO; 1307, /12 TC-JNP; 1311, /12 JN-JNR; 1476, /13 JN-JNT), 28C, 215Y.
1 A330-343X (407, TC-SGJ "TRABZON" - - SEE PHOTO - - "THY-2009-12 A330-343X"), (ILF) 6 YEAR LEASED 2009-09, SAGA WET-LEASED TO (THY) 2009-12.
2 A330-343E (1483, TC-LOA; 1542, TC-LOC), ex-(EI-FNY, EI-FSC), INTREPID AVIATION PARTNERS LEASED.
4 A340-311 (CFM56-5C2) (023, /93 TC-JDJ "ISTANBUL;" 025, /93 TC-JDK "ISPARTA;" 057, /94 TC-JDL "ANKARA;" 115, /96 TC-JDM "IZMIR"), ANATOLIA AVIATION LEASED. 10F, 24C, 237Y.
3 A340-313X (CFM56-5C4) (180, /97 TC-JDN "ADANA;" 270, /99 TC-JDO "HAKKARI;" 331, /00 TC-JII "MERSIN" 2011-10). 10F, 24C, 237Y.
2 ORDERS A340-313X (CFM56-5C4), (ILF) 6 YEAR LEASED. 10F, 24C, 237Y.
20/5 ORDERS A350-900:
0 B AE 146-AVRO RJ70 (LF507-1F) (E1229, /92 TC-THI "ERZINCAN"), TURK JET OPERATIONS IN 2003. E1230; E1252; SOLD TO TRIDENT JET 2005-08. RETURNED 2006-01. 79Y.
0 B AE 146-AVRO RJ100 (LF507-1F) (E3232, /93 TC-THA "DENIZLI;" E3234; E3236; E3237; E3238), B AE LEASED, TURK JET OPERATION IN 2003. E3241 DESTROYED 2003-01. E3265; RETURNED 2005-10. E3264; RETURNED 2006-01. 99Y
0 B AE 146 (E1249, TC-THL; W/O 2000-04). 7 RETIRED.
0 B AE ATP, 4 RETURNED.
Click below for photos:
THY-1-Bilal Eksi - 2017-03.jpg
THY-1-ILKER AYCI - 2015-04.jpg
THY-1-Temel Kotil - 2016-10.jpg
THY-2-Dr Temel Kotil - 2015-10.jpg
THY-2-DR TEMEL KOTIL CATHY BUYCK-2011-02
THY-2-DR TEMEL KOTIL-CEO-2008-06-A
THY-2-DR TEMEL KOTIL-CEO-2008-06-B
THY-2-DR TEMEL KOTIL-CEO-2008-06-C
THY-2-DR TEMEL KOTIL-CEO-2008-06-D
THY-2-DR TEMEL KOTIL-CEO-2008-06-E
THY-3-DR ISMAIL DEMIR - 2014-01-A
THY-3-DR ISMAIL DEMIR - 2014-01-B
THY-5-Birkan Guneralp 2018-04.jpg
THY-6-ALTUG SOKELI - 2013-08
THY-8-Yasin Birinci 2018-04.jpg
ILKER AYCI, BOARD & EXECUTIVE COMMITTEE CHAIRMAN (2015-04).
BILAL EKSI, GENERAL MANAGER (2016-10).
Bilal Eksi, who was assigned as Head of Overhaul Workshops in 2003, “led a significant organization carrying out the maintenance of aircraft engines, landing gears and all components. Bilal, who was assigned as the Chief Ground Operations Officer at (THY) after a period of 2 years, thanks to his accomplished works, carried out projects particularly in improvement of the on-time departure performance.
The past couple of years have seen geo-political squalls rock Turkey (terrorist attacks, a diplomatic row with Russia and an attempted coup). Has (THY) been able to ride out these problems? A rapid recovery started from the beginning of 2017 and we declared the highest quarterly profit in our history, $939 million operating profit, for the 2017 3rd quarter. If we look at 2017’s figures, our passenger numbers, which were 62.8 million in 2016, increased by +9.3% in 2017.
DR TEMEL KOTIL, DEPUTY CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER (CEO), RESIGNED (2016-10).
Dr Temel Kotil long-term (THY) (CEO) resigned to become Head of Turkish Aerospace Industries (TAI), a center of technology in design, development, manufacturing and after-sales support in Turkey.
Dr Temel Kotil Kotil began his career as an Aeronautical Engineer. In 2003, he became VP of Turkish Airlines (THY). By April 2005 he was promoted to (CEO). “When I 1st started as (CEO) in 2005, (THY) was carrying 12 million passengers and had 73 aircraft. Later, (THY) had reached 61 million passengers and had 299 aircraft. Istanbul became 1 of the biggest airport hubs in the world.”
In an October 2015 interview with Dr Temel Kotil, (THY)'s General Manager & (CEO) by anna.aero publisher, Paul Hogan, he took a whole bunch of questions with him, but Africa was pretty much all Dr Kotil wanted to talk about."
* (THY)’s Kotil: “10x More Opportunity in Africa than in the Rest of the World - Like Heaven in 20 Years.”
(THY)’s interest in Africa showed no sign of maturing. anna.aero analysis demonstrated that (THY), the barnstorming Star (SAL) Alliance carrier was leading the charge into the continent with seat growth of +32% in the previous 2 years, and by just announcing its 45th African destination (to Durban, appropriately unveiled at the "World Routes" meeting in Durban), and with its (CEO) telling why he was hungry for more in this interview: “There was 10x- more opportunity in Africa than in the rest of the world.”
* Why was (THY) preoccupied with Africa?
Just like Emirates (EAD), (THY) obviously needed feed from Africa and everywhere else for its emerging mega-hub in Istanbul, which were projected to reach 62 million passengers in 2015 (and which was thought would overtake Frankfurt by the following year, and London Heathrow around 2020, shortly after the new airport opened). But (THY)’s huge presence in Africa was not just about feed, in fact it had a much bigger driver (much bigger than the forces driving (EAD), and bigger and more joined-up than Air France (AFA) could muster).
The grand design ‘Turkey Inc’ had, was to embrace Africa as a full-on partner. The Turkish Foreign Ministry put it nicely: “As an Afro-Eurasian state, Turkey’s opening up Africa is not just the reflection of a transient political and economic expectation, it is the product of a process with strong historical and cultural aspects.”
Therefore the headline expansion of (THY) literally carried the Turkish flag to its new African interests, along with other stark indicators: 5 years previous, there were only 12 Turkish Embassies in African countries, most of them in ‘traditional’ North African partner countries. Soon after, there were 40 gleaming embassies in African capitals (and guess where the new (THY) routes were going to?! Business flowed as a result: African (O&D) visitors to Turkey had risen >5-fold in 10 years to a likely 1 million that year. Meanwhile, bilateral trade was approaching $25 billion, a +10-fold increase since 2000 (Turkey hoped to add a big raft of airport projects to that trade flow.
In his interview, Dr Kotil glowed with enthusiasm about Africa: “We have spent 10 years in Africa already. There were 1.2 billion consumers there. They might be poor states, but they were still states, many of them receiving flights from (THY), making them accessible, enriching them further. They had a growing middle class, a few rich people (there’s gold…and diamonds, and very tasty fish in Mogadishu.)” Once again the (THY) (CEO) backed by his own government’s estimates, which predicted that Africa would have a combined $30 trillion economy in 2050, or larger than the current combined Gross Domestic Product (GDP) of the USA and the Eurozone.
* African Yields: 2x- and 3x- Higher than Europe.
“Anybody serving Africa had a good profit (and (THY) was going there with the big numbers. (THY) was grabbing the market. Yields were 2x- or 3x- higher than in Europe on every single flight. Sometimes, traffic may have been tiny, but profit was high). As the market grew, this would change. Yield was going to halve, but in 20 years, it was going to be like heaven.”
While (THY) had the most routes (it did not have the most seats) as Emirates (EAD), and others persisted in using wide body airplanes. (THY) stuck to using its famed single-aisle hub-feeding strategy, which worked so well in Europe. “We can reach Kinshasa with a 737-900 ((EAD) needs 200 passengers to break even, whereas we can do this if we have 100 lovely customers: We’re doing the better mathematics)” said Kotil with a mischievous, but cheerful grin.
In an anna.aero analysis of the leading airlines operating flights from Africa to destinations outside of Africa, it was looked at how capacity had changed over the previous 2 years, by comparing the 1st week of August 2015 to the same week of 2013 (see chart - "THY-2015-10 - Africa to non Africa Airlines.jpg." The top 2 carriers were the national flag-carriers of major countries in North Africa (Egypt and Morocco), which were well connected to Europe, and, in the case of EgyptAir (EGP), also the Middle East. 3rd-ranked Emirates (EAD) achieved its position by offering non-stop flights to Dubai from 17 different countries in Africa.
If this analysis were looking at capacity (ASK)s rather than seats, (EAD) would have been the leading carrier by some considerable distance. However, 4th-ranked Air France (AFA) served destinations in 25 different African countries, while (THY)’s destinations were at the time spread around 21 different countries in Africa.
Among the top 15 airlines, 6 were African carriers, 4 of which actually saw weekly capacity reductions compared with 2013, with only Ethiopian Airlines (ETH) and Royal Air Maroc (RAM) seeing capacity growth. 5 of the top 15 carriers had seen capacity growth of >5% since 2013, with (THY) leading the way (+31.9%), followed by (ETH) (+28.9%), (EAD) (+26.2%), Saudia (SVA) (+25.3%) and Qatar Airways (QTA) (+18.5%). Overall seat capacity on inter-continental flights to and from Africa had grown by just under +<6% in the previous 2 years.
* New Turkish-built Airports: Built-Operated-Transferred (Free of Charge).
(THY) was not the only Turkish air transport grouping on an African adventure. If he got his way, Serdar Hüseyin Yildirim (then the new boss of the state airports organization (DHMI) and the ultimate landlord of all Turkish airports), wanted to build a lot of shiny new African airports. “They won’t have to pay a penny for these new airports” promised Yildirim, who said that the new infrastructure would be provided in a similar way to the new terminal for Mogadishu’s Aden Adde International Airport, which was inaugurated by Turkey’s President Erdogan.
In a further thrust for Turkish business in Africa, the (DHMI) boss envisaged an airport export drive in partnership, combining skilled Turkish construction companies, highly experienced commercial airport operators (such as (TAV) Airports and Limak Airports), and by transplanting the Public-Private-Partnership model, which had transformed Turkish airports since 2000, up to and including the then system of 8 runways serving Istanbul.
Dr Kotil wasn’t concerned that his grand plan would be upset by all this new capacity provision in Istanbul: “We will welcome other airlines, because they will help me, especially my "lovely African routes," for every 100 passengers they bring. I will get 50 customers from these lovely ‘other’ airlines, who will fly on to Africa.”
DR ISMAIL DEMIR, (CEO) & GENERAL MANAGER TURKISH TECHNIC.
MURAT SEKER, CHIEF FINANCIAL OFFICER (CFO) (2016-07).
Murat replaced Coskun Kilic.
CAPTAIN ASAF BORA, EXECUTIVE VP FLIGHT OPERATIONS (ISTOZTK) (firstname.lastname@example.org).
CAPTAIN ILHAMI USLAY, EXECUTIVE VP FLIGHT OPERATIONS (2002-03).
CAPTAIN MUSTAFA URAL, CHIEF PILOT 737.
RENGIN AKILLIOGLU, EXECUTIVE VP FINANCE.
A FAZLI DANISMAN, EXECUTIVE VP COMMERCIAL.
ALTAN BUYUKYILMAZ, EXECUTIVE VP COMMERCIAL AFFAIRS, EX-BH AIRLINES (BGH) (2012-08).
AKIF KONAR, CHIEF COMMERCIAL OFFICER (CCO).
AHMET OLMUSTER, CHIEF MARKETING & SALES.
DR AHMET BOLAT, CHIEF INVESTMENT & TECHNOLOGY OFFICER.
KEREM KIZILTUNC, CHIEF INFORMATION OFFICER (CIO).
AHMED MOHAMED, SENIOR VP MARKETING & SALES.
YAHYA USTUN, SENIOR VP MEDIA RELATIONS.
BIRKAN GUNERALP, SENIOR VP AIRCRAFT MAINTENANCE TURKISH TECHNIC.
Birkan graduated from Aeronautical Engineering in 2005 and he started working in Turkish Airlines Technic in various roles in the Line Maintenance department. In 2010 he entered Turkish Airlines (THY) (OCC) team and took a major role evolving (OCC) into professional (IOCC). After working as (MOCC) Manager and (IOCC) Manager, on 2016 March he was appointed as Senior VP for Base maintenance for Turkish Airlines Technic at Istanbul Ataturk airport facilities.
KEREM SARP, VP MARKETING & SALES SOUTH EUROPE
ZIYA TASHKENT, VP SALES & MARKETING CENTRAL EUROPE.
FARUK CIZMECIOGLU, VP SALES & MARKETING.
ORHAN SIVRIKAYA, VP COMMERCIAL.
ADNAN AYKAC, GENERAL MANAGER THAILAND, VIETNAM & CAMBODIA.
ERHAN BALABAN, GENERAL MANAGER PHILIPPINES.
TEKIN EKINCI, GENERAL MANAGER CENTRAL EUROPE.
ALI ESER, DIRECTOR FLIGHT MAINTENANCE.
KEMAL OZEN, TECHNICAL DIRECTOR (2002-10).
CAPTAIN M NIYAZI OSBAY, FLIGHT SAFETY & QUALITY ASSURANCE (QA) DIRECTOR (2002-10).
MUSTAFA AYDIN, FINANCE DIRECTOR & B&H AIRLINES CHIEF FINANCIAL OFFICER (CFO) (2009-02).
ATILLA LISE, DIRECTOR CARGO.
NESLIGUL DOGANCAY, CORPORATE PLANNING DIRECTOR.
MEHMET ASLAN BULDUK, ASSISTANT DIRECTOR LINE MAINTENANCE (1999-10).
METIN ALTINTAS, ASSISTANT DIRECTOR AIRCRAFT OVERHAUL (1999-10).
YASIN BIRINCI, PRODUCTION PLANNING & CONTROL DIRECTOR TURKISH TECHNIC.
Yasin Birinci is a graduate of Industrial Engineering Department at Bosphorus University in Istanbul.
He started his career in the Business Production Facility of Mercedes-Benz-Turkey in Istanbul, a subsidiary of Daimler AG, as a Planning Engineer responsible for budget and manpower planning. After having participated in a wide range of assignments in Production departments at the Production Facility in Istanbul, he was appointed for a Project Management position in Germany. Meanwhile he received his (MBA) Degree from Bilgi University in Istanbul.
He served in different positions at the Headquarters of Daimler-Buses, responsible for network planning, production program and workforce requirement planning, capacity utilization etc. Lastly he was the Team Manager responsible for Production-Network Planning of Daimler-Buses Europe.
After having joined Turkish Technic Team as Head of Production Planning & Control Department in Istanbul, he played key roles in major projects like merger of Turkish Technic and Turkish Habom. After significant expansion of the production capacity with merger of 2 (MRO) Subsidiaries of Turkish Airlines (THY), he manages now, as Chief Planner of Turkish Technic, 5 Aircraft Maintenance Hangars in 3 airports in 2 continents. Currently, besides the operational obligations, he leads the project of implementing a ‘Smart-Predictive Maintenance System’ for the valuable customers of Turkish Technic.
ERDOGAN FIRTINOGLU, DIRECTOR PRODUCTION PLANNING & CONTROL (1999-10).
CELALETTIN DURAK, DIRECTOR STRATEGY DEVELOPMENT.
EROL KONYALIOGLU, DIRECTOR OVERHAUL SHOPS (1999-10).
OZCAN UZUNOGLU, DIRECTOR TRAINING (2002-10).
CENK ACIKGOZ, DIRECTOR BORDEAUX.
ALTUG SOKELI, MANAGER TECHNICAL MARKETING & SALES, TURKISH TECHNIC.
CAPTAIN VOLKAN ACAR, FLIGHT STANDARDS MANAGER.
ERCIHAN BAYIR, MANAGER MAINTENANCE ENGINEERING.
IRFAN GUNDUZ, MANAGER PRODUCTION PLANNING & CONTROL.
SUKRU NENEM, STRATEGIC PLANNING & INVESTMENTS MANAGER (2010-08).
TALHA IBRAHIMOGLU, RELIABILITY MANAGER.
ERHAN INANG, AIRCRAFT TECHNICAL INSPECTION MANAGER.
ENVER KURU, AIRCRAFT ENGINEERING MANAGER.
SEDAT OKAN, POWERPLANT ENGINEERING MANAGER.
TURGAY AKBILEK, QUALITY ASSURANCE (QA) MANAGER (1999-10).
YESIM DARENDE, POWERPLANT CHIEF ENGINEER.
SADETTIN ILGIN, ENGINE SHOP MANAGER.