Airline

THY bullish on 2016 sales

  • Share this:
THY bullish on 2016 sales

Turkish Airlines (THY) has stated that it will achieve more than $12 billion in sales in 2016. The growing carrier seeks to double its share of the global aviation industry market to five per cent by 2023.

"We have witnessed growth in the GCC and the Middle East last year has been very good, as we ramp up utilisation and add new aircraft to our fleet. Our capacity increase in the GCC was mainly driven by growth from Oman and the UAE," chief marketing officer Ahmet Olmustur said at recent event.

THY will take 25 new aircraft this year and expects an overall capacity increase of 16% for the year.

Olmustur again voiced the airline’s desire to lease an A380, although THY has had many discussions with airlines and leasing companies about potentially adding A380s to its fleet but the delay suggests this would only be a serious option at the right price.