Analysis of Turkish Airlines' Development Stage Between The Years 2003-2013 Under The Concept of Legacy Carriers
Abstract
The Civil Aviation Industry has shown great improvement between the years 2003 and 2013 under the leadership of Turkish Airlines. Although this development continues today, it can not show the same upward trend. Turkish Airlines is the flag carrier airline of Turkey, approximately 70% of the total passenger capacity of the Turkish civil aviation is carried out by Turkish Airlines. Turkish Airlines, which is 100% state owned by 2003, started to operate as a private institution with the privatization of 51% at the same year. Especially, having a special structure in corporate purchases means that decisions can be made more quickly. Especially in Asia, Africa and Europe continents are a common connection point for Turkey, which has a geopolitical importance to its geographical location. Transit and transfer time point, which is frequented by Turkey and Istanbul, the country has great importance for the development of civil aviation. The fact that Turkish Airlines has the highest number of destinations in the European continent with having a positive connection with geographical location. Since 2003, Turkey has the largest development trend began with the awareness of these qualities. Although this development trend has been increasing since 2013, the reason for this increase is not the same amount due to the increase in the capacity of Turkish Airlines and Turkish Airlines' largest capacity airport that named Atatürk Airport. It is foreseen that the continuation of the major trend between 2003-2013 will be high with the 3rd Airport to be opened on October 29 2018.
Keywords
References
- CAPA (2013a), Lufthansa ends codesharing with Turkish Airlines. A full rift would mean new strategies for each, http://centreforaviation.com/analysis/lufthansa-ends-codesharing-with-turkishairlines-a-full-rift-would-mean-new-strategies-for-each-142011 (accessed on 31.07.2018).
- CAPA (2013b) European airline labour productivity: CAPA rankings, http://centreforaviation.com/analysis/european-airline-labour-productivity-caparankings-104204 (accessed on 31.07.2018).
- DGCA. (2011). Republic of Turkey Ministry of Transport and Communication Directorate General of Civil Aviation, 2010 annual report, http://web.shgm.gov.tr/doc4/2010fr.pdf (accessed on 02.07.2018).
- DHMI. (2014). Statistics, http://www.dhmi.gov.tr/istatistik.aspx (accessed on 10 May 2018).
- Doganis R. (2006). The Airline Business (second ed.), Routledge, London.
- Gerede, E. (2010). The Evolution of Turkish Air Transport Industry: Significant Developments and the Impacts of 1983 Liberalization, YÖNETİM VE EKONOMİ, 17(2), 64-91.
- Goldman Sachs. (2010). Turkey & Russia airlines: mispriced consumer exposure; initiate on Turkish Airlines as Buy, Goldman Sachs Global Investment Research.
- IMF. 2014a (2014). World Economic Outlook Database
Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Publication Date
July 31, 2019
Submission Date
September 18, 2018
Acceptance Date
August 21, 2019
Published in Issue
Year 2019 Volume: 3 Number: 1