AnadoluJet is an airline based at Ankara Esenboga International Airport, providing domestic and international services on behalf of Turkish Airlines. The airline, a low cost branch of the flag carrier, was established in Apr-2008.
Location of AnadoluJet main hub (Ankara Esenboga Airport)
LCCs will continue to evolve into hybrids of the original core model. CAPA and OAG consider AnadoluJet fits the LCC profile and it is included in our reporting on this basis. Please note: when reporting for an airline is changed from or to LCC the historical data is not affected and it can lead to a distortion in the current reported data. Contact us if you have any queries.
57 total articles
9 total articles
In CAPA’s report on Turkish Airlines’ 3Q2013 results, we highlighted that RASK growth failed to beat CASK growth for the first time this year and suggested management would want to demonstrate this was not the start of a new trend. The airline has now provided some reassurance on this.
Beyond this issue, CEO Temel Kotil used the recent Turkish Airlines’ investor day to reiterate his strategy of using the carrier’s Istanbul hub to attract global connecting traffic flows, leading to growth ahead of the market, albeit with an increased focus on frequencies rather than new destinations in future. This strategy has similarities with those of the Gulf carriers, but is also underpinned by the significant Turkish home market.
The Turkish market includes strong competition in the shape of LCC Pegasus, but the return to profitability of SunExpress, jointly owned by Turkish Airlines (THY) and Lufthansa, provides THY with another option for facing this competitive threat.
Turkey’s second largest carrier, Pegasus Airlines, is steadily expanding its network with a focus on nearby Eastern Europe as demand in the Turkish market continues to grow rapidly. Based at Sabiha Gökçen International Airport in Istanbul, the privately-owned airline operates an extensive European and domestic Turkish network while also offering some services to the Middle East and Central Asia. Until recently Pegasus’ focus has been primarily on its domestic Turkish and international routes to Western Europe, but this is beginning to change. Eastern Europe is becoming the airline’s main focus with a number of new destinations added in recent months.
The European airline market was battered by the global financial crisis, recording a combined loss of USD4.3 billion in 2009, according to IATA. Europe's tepid economic recovery, the ash cloud crisis, difficulties in cutting capacity and massive structural changes within the short-haul market have conspired to make 2010 another challenging year. Losses are anticipated at USD1.3 billion in 2010, making it the only region to be unprofitable in an otherwise strong year for recovery elsewhere. But there are some bright spots in the region. In this report, CAPA reviews the European airlines expected to make waves in 2011.
European carriers are becoming increasingly concerned by the Middle East airline threat on their core international businesses. CEOs from British Airways, Air France and Lufthansa have all voiced their opinions lately, as Middle East airlines continue to expand their global networks. But the European flag carriers are not standing idly by. Several are rapidly expanding their presence in the Middle East, to maintain and/or grow their share of this promising market. Emirates is the clear market leader, with a 21.0% share of capacity on Middle East-Europe routes. Qatar Airways is the second largest, with 8.7%, while Lufthansa, British Airways and Air France have just 5.6%, 3.5% and 2.7% shares, respectively.
European LCCs, led by Ryanair, easyJet and Air Berlin, commanded 32% of intra-Europe capacity (seats) in 2009, representing spectacular growth from just 4.6% less than 10 years ago in 2001 and a 20.2% share in 2005. But the 'big three' are just part of the story. This special two-part CAPA report looks beyond the headline-grabbing 'big three' European LCCs to provide updates on more than 20 of Europe’s secondary LCCs. Part I reviews Air Southwest, Anadolujet, Atlasjet Airlines, Belle Air, Blue Express, Blue Air, bmibaby, CLICK4SKY, Flybe, Germanwings, Iceland Express and Jet2.com, while Part II (coming soon) will review the progress at Monarch, NIKI, Pegasus Airlines, SkyExpress, Smart Wings, Sun Express, Sverigeflyg, Thomson Airways, Transavia.com, TUIFly, Wind Jet and Wizz Air.
Turkish Airlines is a rising force in the European and Middle East aviation industry, capturing the interest of investors, alliance partners and rivals. The fast-growing carrier is not only increasing its size at a time when the majority of its European counterparts are shrinking, but is profitable whilst doing so. After reporting the third largest net profit and seventh largest operating profits in the aviation industry in 2008, the airline's revenues and profits are expected to increase from these bases in 2009. Investors are clearly delighted with the airline’s growth trajectory, with Turkish Airlines’ stock surging 425% in 2009 – the biggest gain by far among carriers tracked by The Centre globally last year. But can the dream run continue?