Turkish Airlines presented its strategic plan for the next ten years. The company plans to reach the year 2033 with a fleet of more than 800 aircraft and a network that will include more than 400 destinations, serving 170 million passengers.
Turkey’s national airline plans to reach consolidated revenues of $50,000 million by 2033, achieving operational profitability of 20% to 25% over the next decade. This increase in profits will bring the Turkish economy 140,000 million dollars.
The current fleet of the Turkish Airlines group, including its subsidiary Anadolu Jet, is made up of 406 aircraft, and they estimate to reach 435 by the end of 2023. The strategic plan for the period 2023-2033 aims to integrate more than 400 aircraft, which will double passenger capacity with an annual growth rate of 7%.
Turkish expects its low-cost subsidiary, Anadolu Jet, to operate independently. To achieve this goal, its revenue and cost structures will be reformed. The subsidiary’s fleet will consist of 200 state-of-the-art aircraft, which will reduce operating costs.
The main goal for Anadolu is to reposition the brand in the highest positions of popularity and prestige.