AnadoluJet, the low-cost trademark service of Turkish Airlines, has rebranded as AJet. The pictured Airbus A321 TC-LUC is the first aircraft to be repainted.
The airline made this announcement:
We are spreading our wings into the future with AJet. We are delighted to announce, with the participation of the Minister of Transport and Infrastructure, Mr. Abdulkadir Uraloğlu, our Chairman of the Board and Executive Committee of Turkish Airlines, Prof. Dr. Ahmet Bolat, that starting at the end of March 2024, with the transition to the summer schedule, our new airline AJet will commence its flights.
AerCap Holdings N.V. today announced that it has reached agreement with Turkish Airlines for the lease of three new Boeing 787-9 aircraft and 25 new MAX-8 aircraft, and lease extensions for six used Airbus A330-200 aircraft.
The new aircraft are scheduled to begin delivery in 2024 through 2026.
Top Copyright Photo: Turkish Airlines Boeing 737-8 MAX 8 TC-LCU (msn 60068) BFI (Brian Worthington). Image: 957161.
Türkiye’s national flag carrier, Turkish Airlines, has announced a new order for 10 additional A350-900 aircraft, taking its total for the type to 40. This latest agreement is in addition to one announced in August for four A350-900s. Turkish Airlines already operates a fleet of 14 A350-900s.
At the end of July, the A350 had won over 1,000 orders from leading carriers from around the globe. The A350 is the world’s most modern and efficient widebody aircraft and the long range leader in the 300-410 seater category. Its clean sheet design includes state-of-the-art technologies, aerodynamics, lightweight materials and new engines that together deliver 25 percent advantage in fuel burn, operating costs and CO2 emissions, as well as 50 percent noise footprint reduction compared to previous generation competitor aircraft.
Turkish Airlines has delayed its planned order for approximately 600 aircraft due to the continuing engine issues that will power both Airbus and Boeing aircraft it plans to order.
According to Ahmed Bolat, the chairman of Turkish Airlines, the future order will include Airbus A320neo family aircraft and A350s and Boeing 737 MAX family aircraft, 787 Dreamliners, and the 777-9 aircraft.
The airline finished the second quarter of the year with $635 million USD net profit with strong recovery on international demand.
In other news, the airline announced its passenger and cargo traffic results for July with an increase in passenger capacity by 6.7% compared to that of 2022, and total load factor of 85.8% while carrying 8.6 million passengers.
According to July 2023 Traffic Results;
The number of carried passengers increased by 9% compared to the same period of 2022 and reached 8.6 million. International load factor was 84.8% while domestic load factor was 94.2%.
Number of international to international passengers carried increased by 11.6% from 2.4 million in 2022 to 2.7 million in this period.
Available seat kilometers (ASK), increased by 6.7% to 21.9 billion during the period of July 2023 from 20.5 billion for the same period of 2022.
Cargo/Mail carried during the period of July 2023 decreased by 2.4% to 142.5 thousand tons from 146 thousand tons in the same period of 2022.
According to the January-July 2023 Traffic Results;
The total number of passengers increased by 22% to 47.3 million compared to the same period of 2022.
The number of international to international passengers carried increased by 36% to 16.7 million from 12.3 million in the same period of 2022.
Total load factor increased by 4.7 points to 82.3% compared to the same period of 2022. International load factor was 82.2% while domestic load factor was 83.2%.
Available seat kilometers (ASK) increased by 19.4% to 132.7 billion from 111.1 billion for the same period of 2022.
Cargo/Mail carried during this period decreased by 7.8% to 890.3 thousand tons from 965.2 thousand tons in the same period of 2022.
By the end of July 2023, the number of aircraft in the fleet was 424.
Finally in the news, Turkish Airlines, flag carrier of Türkiye and Thai Airways International Public Company Limited (THAI) signed an MOU to move towards a joint venture agreement between the two airlines in Istanbul.
This is a significant step to enhance the cooperation between the flag carriers of Türkiye and Thailand.
Istanbul is situated strategically to act as a hub between Asia, Europe and Africa as Turkish Airlines offers unrivalled connectivity to all over the world from its home base of İstanbul Airport.
THAI will introduce daily service to Istanbul from its hub of Bangkok in December, where it will strengthen the position of THAI as the gateway carrier to Thailand, Asia Pacific region and Australia.
Furthermore, this partnership will promote tourism between Türkiye (85 Million population) and Thailand (71 Million population).
Turkish Airlines and THAI will work towards a joint venture to maximize the synergies that this strategic partnership offers to both airlines. The executive teams together with the CEO’s of both companies committed to this enhanced partnership in a meeting held in Istanbul on the 2nd of August. The collaboration will provide an unrivalled choice of destinations in Europe and Asia for passengers of Turkish Airlines and THAI.
Top Copyright Photo: Turkish Airlines Boeing 787-9 Dreamliner TC-LLS (msn 65817) ZRH (Rolf Wallner). Image: 961193.
urkish Airlines, best European carrier, designed a special aircraft for UEFA Champions League, one of the world’s most followed sports events.
Becoming the first airline to sponsor UEFA Champions League which will have its 2023 final in İstanbul, Turkish Airlines designed one of its Airbus A330’s for the occasion. With its TC-JNM tail number, UEFA Champions League themed aircraft flew for the first time with its new makeover for the TK1821 İstanbul Airport to Paris flight during the first day of the year.
Turkish Airlines Chairman of the Board and the Executive Committee Prof. Dr. Ahmet Bolat stated: “We will host the 2023 finale of the UEFA Champions League in İstanbul as one of its official sponsors. We are pleased to be a part of this important event which will also take place during the 100th year of our Republic. As this is one of the most significant sponsorships of Turkish sports history, our aircraft with the UEFA Champions League theme is a testament to our commitment to sports.”
Soaring through the skies, aircraft’s application of its UEFA Champions League theme was completed by Turkish Technic in four days.
Turkish Airlines continues to expand. The airline has disclosed it has plans to add the following destinations in the future:
Rio de Janeiro
On the financial side, Turkish Airlines reported a $1.5 billion net profit in the third quarter with this announcement:
Global aviation underwent a quarter of increasing geopolitical tensions and global inflationist pressure while facing unprecedented operational problems. Turkish Airlines finished the third quarter of 2022 with 1.5 billion USD net profit thanks to its operational agility and ability to meet the increasing demand with its highly skilled workforce and wide flight network it preserved during the pandemic. Our company managed to conclude its fifth quarter in a row with a net profit despite the difficult operating environment that persisted since 2020.
Total revenue of our company during the third quarter of 2022 was 6.1 billion USD, surpassing the same period of 2019 by 52%. Constituting 14% of the total revenues, cargo revenues increased by 110% compared to the same period in 2019 and recorded as approximately 880 million USD.
Despite the disruptions in European airports, our company managed to meet the passenger demand by successfully conducting its operations. In spite of the inflationist pressures on the global scale, flag carrier managed to record a net profit during the third quarter of 2022 by lowering its unit expenses excluding fuel by 5 percent compared to same period of 2019. As a result, EBITAR (Earnings before interest, taxes, amortization, and rent), which shows the cash generation potential of the company, realized as 2.1 billion USD.
During the third quarter of 2022, passenger capacity exceeded 2019 levels by 16% and Turkish Airlines carried a total of 23 million passengers with 91.4% load factor at domestic flights and 85.3% percent load factor at international flights. Our fleet, which is one of the world’s youngest and most modern, consists of 390 aircraft, 260 of them narrow-body and 109 of them wide-body, along with 21 cargo aircraft.
As the Europe’s leader in terms of number of flights operated by a network carrier during 2021 and the first half of 2022, Turkish Airlines recorded a significant success on the global scale in the third quarter of the year by becoming the network carrier that offers more international seat capacity than any other. As the insufficient workforce and infrastructure were deeply felt during the third quarter, our company continued its flight operations uninterruptedly. While European carriers experienced 1.7% flight cancellations on average, this rate for our airline was at 0.3%. As a result of our country’s investments towards aviation infrastructure, İstanbul Airport and Sabiha Gökçen Airport were among the best performers in Europe in terms of on-time departures.
Quadrupling its market share in the cargo transportation market in the last 10 years, our company strengthened its success by being the world’s fourth biggest air cargo carrier according to IATA’s 2022 August data. Moving to SMARTIST, new cargo operations centre built with high technological features in İstanbul Airport in February 2022, Turkish Cargo is aiming to further enhance its position among the leading air cargo brands of the world at its new home.
Top Copyright Photo: Turkish Airlines Boeing 737-8 MAX 8 TC-LCT (msn 60061) BSL (Paul Bannwarth). Image: 958733.