Turkish Airlines to upgade fleet and to order at least 15 larger aircraft
Turkish Airways to upgade its fleet and to order at least 15 larger aircraft valued at $4,2 billion from Airbus or Boeing Co. as early as next month as it adds more destinations routes and seeks acquisitions in emerging markets. Europe's 5th largest airline carrier plans to purchase Airbus A380 or Boeing 747-8 planes for delivery after 2014. Turkish Airways is looking at planes much larger than Boeing's 330-seat 777, currently its biggest model, as it seeks to lure transfer traffic between Asia and Europe away from rivals France-KLM Air Group (AF), Deutsche Lufthansa Airlines AG (LHA) and British Airlines parent International Consolidated Airlines Group SA.
Turkish Airlines, which aims to gather and raise sales to $7.9 billion this year from $7.1 billion in 2011, is assessing simulations of both the 747-8 and A380 as well as the price adding that it won't split the order between the two boeing and airbus types. The airline currently has 38 long-haul aircraft, according to its website, including 11 777s and 18 passenger-variant Airbus A330s. It hasn't ordered Airbus A350 or Boeing's 787 , the newest wide-body aircraft, and is unlikely to do so as it seeks larger plans, CEO Temel Kotil had said.
Airbus manufacturer's A380 superjumbo aircraft 526 people in three-cabin configuration or more than 801 in a single coach class. Boeing's 747-8 seats 468 in four-class mode. Including one single aisle models, Turkish Airways currently has 178 planes in its fleet. That will increase to 201 by the end of this year and 207 through 2019, when an expansion program originally slated to end in 2016 will have been completed
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