Turkish Airlines sets ambitious targets for 2018
By Shereen Shabnam
With an impressive success record last year increasing the number of passengers compared to previous years, Turkish Airlines has now set its targets for 2018, the year in which the carrier will move its hub to the 3rd Airport of Istanbul.
The flag carrier carried 68.6 million passengers as the load factor reached 79.1% and reached highest December load factor rate in its history with 79.5%. The total Load Factor improved by 5.1 points with an increase of 8.9% in Available Seat Kilometer, while international LF increased to 79.2%.
Domestic and International flights have reached the highest LF of Turkish Airlines history. In 2017, Turkish Airlines secured a double-digit growth in demand (revenue per kilometer) that commenced in July, kept on with 16.3% demand growth. The total number of passengers carried went up by 21.4% reaching 5.5 million passengers. The Load Factor in December increased for all regions.
According to the non-consolidated 2018 budget that was approved by the Turkish Airlines team, the guidance regarding the incorporation’s targets and expectations for the year 2018 include increasing the total number of passengers carried to reach 74 million including 33 million on domestic routes, 41 million on international routes.
This year, passenger load factor is expected to be in the band of 79% and 80%, total Available Seat Kilometers (ASK) will approximately reach to 183 billion with an increase of between 5% and 6% compared to 2017. Capacity (ASK) increase is expected to be 10% in Turkey, 9% in Middle East, 6% in Europe, 6% in Far East, 4% in America and 3% in Africa regions.
Recently, Turkish Airlines and Airbus signed an MoU to acquire 20+5 optional A350-900 aircraft. The agreement was signed at the Élysée Palace, Paris, during Turkish President Recep Tayyip Erdogan’s official visit to France with French President Emmanuel Macron.
Turkey is an integral part of the Airbus supply chain for almost 20 years, being a partner in all Airbus aircraft programmes, including the prestigious A350 XWB. While Airbus focusses on the continued development of long-term cooperation projects with Turkey, the Turkish aeronautical industries progressively have embarked and built-up a remarkable portfolio of high capabilities and skills over the last 10 years.
The A350 XWB is an all new family of mid-size wide-body long-haul airliners shaping the future of air travel. The A350 XWB features the latest aerodynamic design, carbon fiber fuselage and wings, plus new fuel-efficient Rolls-Royce engines.
Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions, and significantly lower maintenance costs.
The A350 XWB features an Airspace cabin which, on top of the aircraft spaciousness and quietness, provides better ambience, design and services, contributing to superior levels of comfort and well-being, and setting new standards in terms of flight experience for all passengers.