Turkish Airlines targets sales of more than $5 billion this year, up from $4.7 billion last year, Chief Executive Temel Kotil told Reuters on June 25. In an interview, he said the company targeted a European market share of 20 percent in 2012, up from 8 percent this year. He also said the airline was considering a partnership with the Kyrgyz flag carrier.
The company expects 19 wide-bodied planes to enter its fleet by 2010-2011, Kotil said, adding that the airline may buy more planes beyond the planned purchase of up to 105 planes which it previously announced.
Last week the airline said it will buy 10 airplanes from Airbus and seven from Boeing as part of its fleet-expansion plan, aimed at making it a global airline. Kotil said the company expected 2 million transit passengers in 2009 out of a total 26.5 million in the markets it serves. Turkish Airlines expects its load factor to stand at 70 percent this year, down from 73.8 percent last year.
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