News from THY - Turkish Airlines

[hakan]

I admire the Turkish vitality and the path towards prosperity that is being taken by that great nation, however I am starting to wonder if all these routes are sustainable or if they are being opened for political reasons to increase the foothold of a none-the-less important country in the World of today and tomorrow.

Are there any statistics on the LF of these exotic routes and on their profitability? Have routes been closed in recent years, surely the route planners cannot be right every single time and hit a pot of gold for the bean counters.

BrightCedars, I can answer your question with one statement: THY has also lodged their financial figures. They are in red. 1 Billion Turkish Liras loss.

http://www.airporthaber.com/thy-bir-mil ... 8022h.html

[hakan]

THY has issued a statement to the Istanbul Stock Exchange last night announcing of 3 new destinations based on availability of aircraft and gaining the necessary permits:

Istanbul Ataturk-Yanbu (Saudi Arabia)
Istanbul Ataturk-Taif (Saudi Arabia)
Istanbul Ataturk-Osh (Kyrgystan)

[hakan]

THY's first Mogadishu flight is in The Guardian Newspaper this week:

http://www.guardian.co.uk/world/2012/ma ... -mogadishu

[capetown]

THY's first Mogadishu flight is in The Guardian Newspaper this week:

http://www.guardian.co.uk/world/2012/ma ... -mogadishu

I flew TK from BRU to IST last Wednesday (back yesterday, Friday). Their inflight magazine also mentions this new destination. There is a, believe it or not, 2 page article on the touristic assets of Mogadishu (ancient islamic architecture, a large fruit & vegetables open air market ("the largest in Somalia"), etc ... Just a small hint referring to the problems we all know of ("trying to rebuild its future") ... Anyway, I wasn't convinced to pay a ticket and go check it out for myself ...
By the way (and off topic) , TK is good, really good. I flew them long haul (approx. 10 years ago) to Singapore, and then from BRU to IST twice (4 years ago and this week). I don't know of any other European airline offering you the choice between 2 meals on short haul flights (and my Tavuk Sis / Chicken Skewer was really tasty) Thumbs up :thumbup:

[hakan]

THY's first Mogadishu flight is in The Guardian Newspaper this week:

http://www.guardian.co.uk/world/2012/ma ... -mogadishu

I flew TK from BRU to IST last Wednesday (back yesterday, Friday). Their inflight magazine also mentions this new destination. There is a, believe it or not, 2 page article on the touristic assets of Mogadishu (ancient islamic architecture, a large fruit & vegetables open air market ("the largest in Somalia"), etc ... Just a small hint referring to the problems we all know of ("trying to rebuild its future") ... Anyway, I wasn't convinced to pay a ticket and go check it out for myself ...
By the way (and off topic) , TK is good, really good. I flew them long haul (approx. 10 years ago) to Singapore, and then from BRU to IST twice (4 years ago and this week). I don't know of any other European airline offering you the choice between 2 meals on short haul flights (and my Tavuk Sis / Chicken Skewer was really tasty) Thumbs up :thumbup:

You are not alone capetown:

World's best airline food article talks about THY.

http://www.smh.com.au/travel/activity/f ... z1pvaUHspb

[Flanker]

BrightCedars, I can answer your question with one statement: THY has also lodged their financial figures. They are in red. 1 Billion Turkish Liras loss.

http://www.airporthaber.com/thy-bir-mil ... 8022h.html

I'm surprised that TK is doing this bad in the earnings.

It made me check out their balance sheet and what's there is pretty unimpressive.
If they don't turn around the company quickly, they're going to run into difficulties by 2014.

The Africa routes and the new German routes will be a good investment, but they need to rationalize their fleet.
Their fleet is such a mess, I think that the better fit for them would be a B737/A330 (Asia)/B777 (America's) combo, they don't really need the A320/A340.

They also operate a lot of excess routes and frequencies, they better start looking where they're not making any money.

[hakan]

Istanbul Ataturk-Edinburgh (U.K) schedule has been announced:

TK1343 IST0910 – 1140EDI
TK1344 EDI1240 – 1900IST

Flights will be 4 times a week starting 16.July.2012.

[capetown]

They also operate a lot of excess routes and frequencies, they better start looking where they're not making any money.

I think one can not ignore the fact that besides basic economics, there's also quite some politics involved - showing the world that emerging Turkey is booming and is becoming an economic powerhouse.

[ticketbuyer]

This may interest readers of this thread,
http://www.todayszaman.com/news-275480- ... merge.html

[globetrotter]

TK Cargo have also launched new service to Kiev, Karachi and Seoul.

[hakan]

THY has announced some new destinations today for 2012:

Istanbul Ataturk-Houston (USA)

Istanbul Ataturk-Constanta (Romania)

Current Istanbul Ataturk-Khartoum-Mogadishu will change to Istanbul Ataturk-Djibouti-Mogadishu

Current Istanbul Ataturk-Nakchivan will change to Istanbul Ataturk-Ganja-Nakhchivan

Istanbul Ataturk-Bremen (Germany) has already started.

[Boeing767copilot]

With existing services to London, Manchester and Birmingham, Turkish Airlines now adds flights to Edinburgh. Istanbul-Edinburgh flights are scheduled to begin on July 16th. In May, Turkish Airlines will add three destinations to its network, Kigali (Rwanda) on the 16th of May, and on the 28th Bilbao (Spain) and Leipzig (Germany) will come online. Initially, Istanbul-Kigali-Entebbe-Istanbul flights will operate 3 days per week on Mondays, Wednesdays and Saturdays, soon increasing to 4 with the addition of a Thursday flight.

[haberdar]

Dear Hakan, I have just registered this forum whenI read your post about Ist-Houston flights. I could not find anything on THY web page. I wonder where you did get this information. Please let me know if it is possible.

THY has announced some new destinations today for 2012:

Istanbul Ataturk-Houston (USA)

Istanbul Ataturk-Constanta (Romania)

Current Istanbul Ataturk-Khartoum-Mogadishu will change to Istanbul Ataturk-Djibouti-Mogadishu

Current Istanbul Ataturk-Nakchivan will change to Istanbul Ataturk-Ganja-Nakhchivan

Istanbul Ataturk-Bremen (Germany) has already started.

[hakan]

THY's statement to the Istanbul Exchange is below. The source is http://www.kap.gov.tr

(In Turkish):

TÜRK HAVA YOLLARI A.O. / THYAO [] 30.04.2012 11:36:41
Özel Durum Açıklaması (Genel)
Ortaklığın Adresi
:
Türk Hava Yolları Genel Yönetim Binası, Atatürk Havalimanı, Yeşilköy 34149 İstanbul

Telefon ve Faks No.
:
Tel: (212) 463-6363 Faks: (212) 465-2121

Ortaklığın Yatırımcı/Pay Sahipleri İle İlişkiler Biriminin Telefon ve Faks No.su
:
Tel: (212) 463-6363 Dahili: 13630 Faks: (212) 465-2317

Yapılan Açıklama Ertelenmiş Açıklama mı?
:
Hayır

Özet Bilgi
:
Yeni Hat Açılışları


AÇIKLAMA:
Açıklanacak Özel Durum/Durumlar:

Ortaklığımız Yönetim Kurulu'nca; 2012 yılında uçak müsaitliğine ve izinlere bağlı olarak, İstanbul-Houston-İstanbul ve İstanbul-Köstence-İstanbul hattının açılmasına, İstanbul-Hartum-Mogadişu-Hartum-İstanbul seferlerinin İstanbul-Cibuti-Mogadişu-Cibuti-İstanbul olarak; İstanbul-Nahçivan-İstanbul seferlerinin ise İstanbul-Gence-Nahçivan-İstanbul olarak icra edilmesine karar verilmiştir.


Yukarıdaki açıklamalarımızın, Sermaye Piyasası Kurulu'nun Seri: VIII, No:54 sayılı Tebliğinde yeralan esaslara uygun olduğunu, bu konuda/konularda tarafımıza ulaşan bilgileri tam olarak yansıttığını; bilgilerin defter, kayıt ve belgelerimize uygun olduğunu, konuyla ilgili bilgileri tam ve doğru olarak elde etmek için gerekli tüm çabaları gösterdiğimizi ve yapılan bu açıklamalardan sorumlu olduğumuzu beyan ederiz.

[hakan]

THY has sent a statement to Istanbul Stock Exchange about some new destinations and route changes based on gaining permits and aircraft availability in 2012:

*Istanbul Ataturk-Marseille (France) will be launched.

*Current Istanbul Ataturk-Riga (Latvia) route will change to Istanbul Ataturk-Vilnius (Lithuania)-Riga (Latvia) and Istanbul Ataturk-Riga (Latvia)-Talinn (Estonia).

*Current Istanbul Ataturk-Dakar (Senegal) route will change to Istanbul Ataturk-Nouakchott (Mauritania)-Dakar (Senegal).

[hakan]

A snap strike called by the union resulted cancellations of up to 130 flights today. Some press reports telling that who joined this strike getting SMS messages from THY that their employment has been terminated due to joining the illegal strike (!). They even sending people to check the sick personnel at their homes to make sure they are not pretending illness and being part of the strike?????

The Minister of Transport told the media that the government could intervene if the illegal strike continues. The negotiations between union and THY have failed even after arbitration attempt by the industrial court.

[Charlie Roy]

I don't see the problem with checking if an employee is pretending illness...

[hakan]

THY has sent several statements to the Istanbul Stock Exchange:

*Based on aircraft availability and gaining necessary permits THY will launch Istanbul Ataturk-Male (Maldives) flights in 2012.

*THY has given up on buying Polish LOT airlines.

*THY has retrenched 260 people from THY and 45 people from Turkish Technic who have participated the recent "illegal" strike. THY has cancelled 223 flights and lost $US 2 Million during this snap strike.

[hakan]

Dear Hakan, I have just registered this forum whenI read your post about Ist-Houston flights. I could not find anything on THY web page. I wonder where you did get this information. Please let me know if it is possible.

THY has announced some new destinations today for 2012:

Istanbul Ataturk-Houston (USA)

Istanbul Ataturk-Constanta (Romania)

Current Istanbul Ataturk-Khartoum-Mogadishu will change to Istanbul Ataturk-Djibouti-Mogadishu

Current Istanbul Ataturk-Nakchivan will change to Istanbul Ataturk-Ganja-Nakhchivan

Istanbul Ataturk-Bremen (Germany) has already started.

Dear Haberdar,

THY is starting Istanbul Ataturk-Houston after 1.April.2013. For more information about aircraft type and frequency:

http://airlineroute.net/2012/06/16/tk-iah-s13/

Hakan

[hakan]

THY has announced some new destinations to Africa from Istanbul Ataturk Airport based on availability of necessary permits and aircraft.
They aim to launch them in 2012.

Sharm El Sheikh (Egypt)
Niamey (Niger)
Ougadaugou (Burkina Faso)
Hurghada (Egypt)
Douala (Cameroon)
Yaounde (Cameroon)
Sebha (Libya)

Africa...wait....THY is coming!