THY and Corendon: Component Pool Agreement Extended for 5 More Years

Turkish Airlines Technical Inc. continues its strategic partnership with Corendon Airlines, extending the Component Pool agreement signed in 2019 for another 5 years at the MRO Europe 2025 fair held in London this year. This important agreement plays a significant role in deepening the partnership between the two companies in the field of aircraft maintenance and repair.

With the extended agreement, Turkish Airlines Technical Inc. will continue to meet all component pool needs of Corendon Airlines’ Boeing 737MAX and Boeing 737NG fleets. This situation will provide a significant advantage in terms of Corendon’s operational efficiency, while also allowing for a faster aircraft maintenance process.

The importance of the agreement stems from the significant synergy it creates for both parties under the existing competitive conditions in the air transportation sector. The Component Pool system increases flexibility for airlines while offering opportunities to reduce costs. With this method, companies can procure the spare parts and equipment necessary to meet their maintenance needs more quickly and cost-effectively.

Turkish Airlines Technical Inc., while supporting Corendon with its experience and expertise in the aviation industry, continues its strategies to obtain a competitive position in the global market. This collaboration has become a critical element in achieving the growth targets of both firms.

Particularly in recent years, with the increasing demand for flights and travel traffic, such long-term agreements make a significant contribution to the sustainability of the industry. The extended agreement is expected to alleviate the maintenance burden of Corendon’s fleet, thereby increasing its operational capacity.

In conclusion, the extension of the Component Pool agreement between THY and Corendon has been a critical step that enhances the potential for future collaboration and success for both airlines. These developments are quite noteworthy in terms of innovative solutions and collaborations in the aviation field.