When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Enjoy unlimited access to quality journalism.

Limited time offer

Get your 30-day free trial!
Turkey

Turkey’s Airlines Are Flying High

Business in booming for Turkey’s commercial aviation industry. Led by Turkish Airlines, the industry has already ordered some 5.3 billion dollars worth of new aircraft.

Turkish Airlines is one of Europe's fastest growing carriers
Turkish Airlines is one of Europe's fastest growing carriers

ISTANBUL – Turkey's steady emergence as a global economic power is pushing its commercial aviation industry to new heights.

The country already has one of the fastest growing airline industries in the world. And over the next decade, Turkish Airlines and other local operators – including Pegasus, Sky and Saga – could add up to 300 new aircraft to their fleets, according to Aldo Besile, Boeing's assistant director of European sales. The Turkish companies have already placed new orders for 57 new planes that together cost approximately 5.3 billion dollars.

"We predict that this healthy growth will continue," said Besile. "As Boeing, we are happy to support the success of these Turkish companies' corporate models with the highest quality products. We believe that the local airline market is right to be upbeat because this sector is really growing quickly in Turkey."

The airline industry appears to be an upswing worldwide following the 10 billion-dollar hit it took during the global recession of 2009. At the recent International Air Transport Association's (IATA) meeting in Singapore, airlines downgraded their combined projected growth figures for 2011 from 8.6 billion dollars to 4 billion dollars.

"Some of the external reasons for this decreased number were the costs of fuel, wars and disasters, and volcanic eruptions; all of which affect the airline industry," said Besile. "However, Turkey continues to look very stable."

The full article in Turkish was by Tolga Ozbek

Photo – Deanster1983

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

Ideas

How Turkey Can Bring Its Brain Drain Back Home

Turkey heads to the polls next year as it faces its worst economic crisis in decades. Disillusioned by corruption, many young people have already left. However, Turkey's disaffected young expats are still very attached to their country, and could offer the best hope for a new future for the country.

Photo of people on a passenger ferry on the Bosphorus, with Istanbul in the background

Leaving Istanbul?

Bekir Ağırdır*

-Analysis-

ISTANBUL — Turkey goes to the polls next June in crucial national elections. President Recep Tayyip Erdogan is up against several serious challenges, as a dissatisfied electorate faces the worst economic crisis of his two-decade rule. The opposition is polling well, but the traditional media landscape is in the hands of the government and its supporters.

But against this backdrop, many, especially the young, are disillusioned with the country and its entire political system.

Young or old, people from every demographic, cultural group and class who worry about the future of Turkey are looking for something new. Relationships and dialogues between people from different political traditions and backgrounds are increasing. We all constantly feel the country's declining quality of life and worry about the prevalence of crime and lawlessness.

Keep reading...Show less

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

The latest