Turkish Airlines believes now is right time to further expand in Asia Pacific region
Turkish Airlines CEO, Temel Kotil, stated he believes now is the right time to expand, despite the global financial downturn (The Nation, 04-Jan-2010). The carrier plans to focus its expansion plans on the Asia Pacific region, looking to launch services to Australia, China, Pakistan, the Philippines and Vietnam, after launching Istanbul-Singapore-Jakarta service in Sep-2009. Turkish Airlines plans to handle 40 million passengers p/a in 2012, after handling 26.8 million passengers in 2009.
Turkish Airlines: "Though the airline industry has been affected following the global economic recession, Turkish Airlines continues to grow. In fact it was the only growing airline in passenger numbers and traffic volume within Europe in 2009. The airline is also the fastest-growing airline in capacity, and is ranked by the European Aviation Association as the fourth-largest airline in terms of passenger numbers in Europe," Temel Kotil, CEO. Source: The Nation, 04-Jan-2010.