By Neil King
Airline announces plans to add 117 new Airbus aircraft to fleet by 2015
Turkish Airlines has revealed it plans to add 117 new Airbus aircraft into its fleet by 2015 as part of its global expansion strategy.
The airline already has 211 planes operating in its network, and is currently one of the biggest companies in the industry. The new order will take its fleet to 375, including cargo planes, which will increase its annual passenger capacity, which hit a record 39 million people in 2012. The airline expects to reach 46 million by the end of this year, and 90 million by the end of 2020.
The new planes to join the fleet include 25 A321, four A320 Neo and 54 A31 Neo, with the option for the airline to buy a further 35 A321 Neos.
The board also announced plans to cut down the average age of the fleet from 6.6 years to five years by the end of 2020.
With the new aircrafts will come new jobs, as the number of employees will rise from just over 15,500 to 29,000.
The airline recorded an $8bn turnover last year, and aims to achieve an $18bn turnover within the next seven years.