Turkey's national flag carrier Turkish Airlines (THY) is set to fly from Istanbul New Airport, which will be officially opened on Oct. 29, with a new more dynamic structure. It announced on Friday that it will add a total of 60 new wide-body aircraft to its fleet in the next six years.
Turkish Airlines, which has the youngest fleet in the world with an average fleet age of 6.9 years, will further reiterate this title, while the increase in the number of aircraft will also boost the competitive power of the company.
Turkish Airlines announced it has decided to purchase 50 firm and 10 optional wide-body aircraft from the two world's largest aircraft manufacturers Airbus and Boeing, of which six are to be delivered in 2019, 14 in 2020, 10 in 2021, 12 in 2022, 11 in 2023 and seven in 2024.
"A total of 30 B787-9 aircraft, of which 25 firm and five optional will be purchased from Boeing, and a total of 30 A350-900 aircraft, of which 25 firm and five optional will be purchased from Airbus," the airline said.
In a statement regarding the issue, Turkish Airlines Chairman İlker Aycı recalled that they signed a preliminary memorandum of understanding with Boeing in New York in September with the support and participation of the President Recep Tayyip Erdoğan to purchase 787-9 Dreamliner, one of the world's most technologically advanced aircraft.
Likewise, Aycı said, a deal was signed with Airbus in Paris during President Erdoğan's official visit to France in January of this year to add A350-900 aircraft to the fleet of Turkish Airlines.
"The Boeing order, which we consider to be a very important venture to meet our need of wide-body aircraft at Istanbul New Airport, which will serve as our new hub once its construction process completed, is a big step that will further strengthen our fleet for 2023, the 100th year of our Republic, and bring the level of satisfaction of our passengers to even higher levels," said Aycı.
He also noted that the Boeing order will provide a great benefit not only to the Turkish Airlines but also to the Turkey's aviation sector.
"We are happy to believe that this great step will not only add a great momentum to the steady rise of our country's flag carrier, Turkish Airlines, but at the same time it will be very significant added value for Turkish Civil Aviation," the THY chairman added.
The number of flight destinations of Turkey's flag carrier has exceeded 300 with recently launched direct flights from Istanbul to Freetown, Sierra Leone.
The national carrier operates in 121 countries, more than any other airline in the world.
Turkish Airlines was recently ranked number one in the list of world's best full-service airlines, by eDreams – a prominent online travel agency operating in over 30 countries, offering passengers more than 150,000 flight routes from some 450 airlines.
Turkish Airlines made TL 639 million Turkish liras ($175 million) in net profits in 2017. Turkish Airlines total sales revenue rose to TL 39.7 billion last year – a 35 percent increase compared to 2016. The carrier's seat occupancy rate stood at 79.1 percent in 2017, which was 4.7 percent higher than 2016.
For over 10 years, Turkish Airlines has increased its service quality as its number of passengers that carried. Some 10.4 million passengers were carried in 2003, and this figure rose to 29.1 million, 32.6 million, 39 million, and 48.3 million passengers in 2010, 2011, 2012 and 2013, respectively.
In 2014, an impressive period of growth saw this number rise to around 55 million. The number of passengers carried in 2015 was 61.2 million, and this increased to 62.8 million by the end of 2016.
In 2017, the total number of passengers carried by the airline reached 68.6 million, marking 9.3 percent hike compared to the previous year.
Turkish Airlines, which was established in 1933 with a fleet of five aircraft, currently boasts more than 330 aircraft including passenger and cargo planes.
The airline was named Best Airline in Europe by Skytrax six years in a row from 2011 to 2016. The airline was designated Best Airline in Southern Europe for the ninth consecutive time in 2017.
In early January, President Recep Tayyip Erdoğan particularly cited the aim to make THY the airliner with the largest aircraft fleet in the world, with the opening of Istanbul New Airport, also known as the "third airport."
Once fully operational, Istanbul New Airport is set to become the world's largest, while it will strengthen Istanbul's position as a transfer hub and boost the Turkish economy with a nearly 4.9 percent contribution to the country's gross domestic product by 2025.
The airport will transform the whole of European airspace, operating direct flights to most of the countries in the continent.
Transportation, Maritime Affairs and Communications Minister Ahmet Arslan said around $10.2 billion was invested in the project and that it would generate around $22.2 billion in 25 years before value-added tax.
He also said the airport will be large enough for 114 planes to dock at the same time, adding that it would employ 225,000 people when fully operational and would serve 3,000 flights on a daily basis.
When the first phase of the airport is completed, it will have a capacity for 90 million passengers. With the completion of four stages, the airport is expected to serve nearly 200 million passengers and to provide opportunities for flights to more than 350 destinations for more than 150 airline companies.