Turkish Airlines profits soar in 2023
Turkish Airlines, which boasts that it flies to the most countries of any carrier, in December ordered 230 Airbus planes as it aims to double its fleet in the next decade. A pet soft-power project of President Recep Tayyip Erdogan, the company is controlled by the country's wealth fund, which owns 49.1 per cent of shares. Expansion at Turkish Airlines is aimed at competing with the global reach into Europe, Asia and the United States of Gulf hubs like Dubai and Doha.
Turkish Airlines, which boasts that it flies to the most countries of any carrier, in December ordered 230 Airbus planes as it aims to double its fleet in the next decade. A pet soft-power project of President Recep Tayyip Erdogan, the company is controlled by the country's wealth fund, which owns 49.1 per cent of shares. Expansion at Turkish Airlines is aimed at competing with the global reach into Europe, Asia and the United States of Gulf hubs like Dubai and Doha.
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