Last updated: 10:17 AM ET, Mon October 10 2016

Turkish Airlines Postpones Airbus, Boeing Jet Deliveries to Add to a Difficult Year

Airlines & Airports | Jessica Kleinschmidt | October 10, 2016

Turkish Airlines Postpones Airbus, Boeing Jet Deliveries to Add to a Difficult Year

Photo courtesy of (c) 2016 Turkish Airlines Facebook page 

According to Bloomberg, Turkish Airlines said it plans to postpone dozens of Airbus Group SE and Boeing Co. narrow-body jets. This stems from a turbulent travel market following terror attacks in Istanbul and Europe.

The airline is delaying the “deliveries of 39 of the upgraded single-aisle planes originally scheduled for 2018 to 2020,” they explain in a filing. They also add Turkish Airlines is raising deliveries for the workhorse jets from six to 30.

While the company didn’t elaborate on the specific models that will be deferred, they did say it was reducing flight frequencies and “shifting to smaller planes on demand challenged routes.”

This seems like a step back, and it's adding to the already-tough times Turkish Airlines has been dealing with this year.

According to the Taipei Times, Turkish Airlines company chairmen Ilker Ayci said in the last decade the airline was one of the most profitable airlines in the world, but this year he considers it a “hiccup.” Back in June, Ayci revealed that the company was suspending some routes to southern Europe for the winter to better use capacity but “insisted the routes were not being closed and the airline would return.”

The drop in tourism could be linked to terrorism which turns full circle to the year’s crises with “foreign arrivals.” The Times add the arrivals are down “almost 38 percent in August.”

Ayci hopes next year “will be like 2015 and not like 2016.” Just in June of this year, the airline recorded a US$647 million loss in the first half of the month alone.

The airline does have a plan for the long-term growth of the new Istanbul airport by the Black Sea. The airport would have a capacity for 90 million passengers annually in just the first phrase after opening and eventually up to 150 million which means it could overtake Paris’ Charles de Gaulle Airport as well as Heathrow Airport as Europe’s largest airport.

“The airport will be very important for our growth," explained Ayci. "We are so excited."


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