Boutique to Top

AJET STRATEGY

2019

2022

2023

2024

2026

2028

Sustainability Growth and Profitability

Incorporation

Fleet Renewal (NEO/MAX)

PSS & Digital Transformation

Brand Positioning

42%-58%

27%-73%

Domestic 93% International 7%

Domestic & International ASK Ratios

Turkish Airlines incorporated AnadoluJet under the name “AJet” in order to have a presence against intense low-cost carrier (LCC) competition. The target market is not served by Istanbul Airport as its main hub, but by Sabiha Gökçen, Ankara, and Antalya. The opening of the second runway at Sabiha Gökçen is critical to AJet’s growth projections. Turkish Airlines aims to utilize the additional capacity to be offered here to its advantage to bolster AJet’s presence in Europe and the Middle East, and increase the weight of international routes in its operations.

Turkish Airlines made a significant fleet expansion to put AJet ahead of the competition and boost its growth momentum. Over the next ten years, AJet aims to further expand its fleet with new generation aircraft and reach a fleet of 200 aircraft, all new generation. AJet plans to raise its new generation fleet ratio to 45% in 2024 and 98% in 2028.

FROM BOUTIQUE AIRLINE TO THE TOP IN 20 YEARS

189

Made with FlippingBook - Share PDF online