Turkish Airlines: 30 Aircraft Leasing Agreements on the Way

Turkish Airlines' Fleet is Expanding

Turkish Airlines (THYAO) Chairman Ahmet Bolat announced that the company has successfully completed its aircraft orders. However, he noted that lease agreements are being evaluated for the expansion of the fleet. Bolat emphasized that a leasing agreement for 30 aircraft could be made in this context.

Meetings on Boeing and Engine Agreements

Bolat stated that an important meeting will be held within the next two weeks with Boeing, GE, Safran, and CFM. The aim of this meeting is to finalize engine agreements. Turkish Airlines seeks to strengthen its existing business relationships and implement its growth strategies by developing its fleet.

No Plans for Purchasing New Aircraft

Chairman Bolat added that the firm has no plans for purchasing new aircraft, stating that they are looking for new business partners to grow in the US and Asian markets. He also confirmed their satisfaction with the current partnership structure with Sunexpress.

Effects on the Cargo Business

Bolat expressed that while international tariffs may affect the cargo business, the impact will remain significantly limited. These statements offer important clues for investors.

In conclusion, Turkish Airlines' growth strategies present a noteworthy situation for investors closely following developments in the industry. The leasing options for the fleet may create new opportunities to support growth in passenger travel and cargo transportation.