Skip to content Skip to Search
Skip navigation

Turkish Airlines to have ‘third largest fleet’ by 2033

By Pramod Kumar
Turkish Airlines is using the $12bn Istanbul Airport as its hub to build a mega network connecting Europe to Asia and Africa Creative Commons/Andrei Dimofte
Turkish Airlines is using the $12bn Istanbul Airport as its hub to build a mega network connecting Europe to Asia and Africa

State-owned Turkish Airlines is planning to increase its fleet size to 813 aircraft by 2033 as part of its expansion drive, a local media report said.

The additions over the next decade will make it an airline with the “third largest fleet”, Daily Sabah newspaper reported, citing CEO Bilal Ekşi’s speech at an event in Istanbul.

“We are currently flying to 129 countries worldwide, with 350 destinations, including Turkey. This undoubtedly transforms Istanbul and Turkey into a significant transfer hub,” he stated.

The national carrier is using the $12 billion Istanbul Airport as its hub to build a mega network connecting Europe to Asia and Africa.

The recent capacity increase at Istanbul Airport will allow for an additional 600 aircraft to be accommodated, which will position Turkey as a potential global transfer hub, the CEO added.

Turkish Airlines last month held talks with European airline manufacturer Airbus on a potential order of 355 new aircraft, state-run Anadolu news agency said.

During the meeting in Istanbul, executives from Turkish Airlines discussed buying 75 wide-body A350-900, 15 wide-body A350-1000 aircraft, 250 narrow-body A321neo aircraft and five A350F cargo aircraft, in addition to 10 A350-900s aircraft.

Latest articles

STC wants to consolidate the mobile tower market

STC approves PIF purchase of telecom company

Shareholders of Saudi telecom giant STC have approved plans to create a new telecommunications infrastructure company in which the Public Investment Fund will have a 51 percent stake valued at SAR8.7 billion ($2.3 billion).  Under the deal, the STC-owned Telecommunication Towers Co. Limited (Tawal) will become a PIF subsidiary through a merger with Golden Lattice […]

Flavio Cattaneo of Enel, of which Endesa is a subsidiary, and Mohamed Jameel Al Ramahi at the signing of the deal

Masdar buys stake in Spanish utilities company Endesa

The UAE’s state-owned clean energy company Masdar has agreed to acquire a minority stake in Spanish electric utility business Endesa to partner for 2.5 gigawatts (GW) of renewable energy assets in Spain. Under the agreement, subject to regulatory approval, Masdar will invest nearly $890 million to acquire a 49.99 percent stake in Endesa, with an […]

UAE markets Hong Kong

UAE capital markets partner with Hong Kong exchange

The Hong Kong Stock Exchange (HKSE) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) to its roster of recognised marketplaces. The move opens the door for UAE-based companies to pursue secondary listings on one of Asia’s premier financial markets. It also follows the inclusion of the Saudi Exchange (Tadawul) […]

Person, Worker, Adult

Aramco and PIF invest in Saudi-Chinese steel venture

Saudi Aramco and the Public Investment Fund have doubled their investment in a steel plate joint venture with a Chinese company to $500 million. The two Saudi companies each own 25 percent shares in the new venture in Ras Al Khair industrial city, Bloomberg reported, quoting a statement published on the Chinese stock exchange. Chinese […]