50 SKY SHADES - World aviation news

Turkish Airlines Hedge Against Gulf Carriers Would Be Closer Lufthansa Ties

Download: Printable PDF Date: 06 Sep 2015 08:09 (UTC) category:
Publisher:
Turkish Airlines Hedge Against Gulf Carriers Would Be Closer Lufthansa Ties - Airlines publisher
Tatjana Obrazcova
Source: Skift

Turkish Airlines said it may strengthen its relationship with Star Alliance partner Deutsche Lufthansa AG as the rapidly-expanding carrier from southern Europe advances a plan to create a counterweight to airlines in the Persian Gulf.

“There is potential Turkish and Lufthansa could become closer,” Chief Executive Officer Temel Kotil said in an interview. “It’s the strongest carrier in northern Europe, and we’re the strongest carrier in southern Europe.”

Lufthansa rose as much as 4.6 percent in Frankfurt, the biggest gainer on Germany’s benchmark DAX Index, which was down 1.8 percent. The two airlines had previously sought to strengthen their relationship in 2012, a foray that fizzled a year later when Lufthansa pared passenger rewards from code-share flights, saying it saw little benefits from closer ties with its rival.

The two carriers are already bound together in the Star Alliance group and in charter-flight venture SunExpress. Lufthansa said in March it would use SunExpress pilots on new long-haul operations under its expanding Eurowings discount brand.

Partnerships with airlines including Lufthansa and Poland’s LOT remain key even as Turkish Airlines builds its Istanbul base into a global hub with an eye to the success of Gulf operators Dubai-Emirates, Qatar Airways Ltd. and Abu Dhabi’s Etihad Airways PJCS, Kotil said.

Lufthansa spokesman Andreas Bartels said SunExpress is an example for the “good partnership” between the two carriers, with the long-haul flights commencing in November.

A recently agreed deal with LOT will also “reinforce trunk routes” between Poland and Turkey, Kotil said. Turkish Air once explored a bid for the Warsaw-based carrier, before ending talks in 2011 because of European Union rules barring majority ownership from outside the political bloc.

Turkish Airlines plans to almost double the size of its fleet to 450 jets by 2023.





Recommended

A very good financial year 2024 for Pilatus – marked by highlights as well as challenges

2024 was a very successful year for Pilatus. Despite ongoing challenges, we were able to hand over 153 aircraft to our customers thanks to continued high demand. With total sales of 1.633 billion Swis...

Gogo|Satcom Direct renews three-year preferred supplier agreement with Luxaviation Group for global connectivity solutions

Gogo|Satcom Direct signed a second three-year preferred supplier agreement with Luxaviation Group, continuing the close relationship first forged between the business aviation operator and S...

KlasJet prepares fleet for seasonal shifts in ACMI operations

KlasJet transfers its fleet between the summer and winter seasons to capture ACMI operations peak demand in different regions, it is essential to prepare the aircraft and conduct a tech...

British Airways to acquire Boeing’s Gatwick MRO hangar facility, securing jobs and expanding its presence at the airport

British Airways is to acquire the Boeing hangar facility and MRO business at Gatwick in a move that will secure jobs at the site and expand BA’s presence at this key airport. It will ultimately...

Android Apps development in Riga, Latvia