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Turkish Airlines mulls regional jet order, unit IPOs

Turkish Airlines (TK, Istanbul New) is planning to order around 30 regional jets to match post-pandemic demand for air travel and is considering initial public offerings (IPOs) and joint ventures for its subsidiaries AnadoluJet (TK, Ankara Esenboga) and Turkish Cargo, according to media reports.

The Turkish carrier has met with Airbus (AIB, Toulouse Blagnac) to discuss the acquisition of around thirty A220-300s, in preference to the E195-E2 taking into account the operating costs and range specific to the airline, sources told the aviation news site Haber Aero. Either would be a new aircraft type for the flag carrier, which has been conducting market research into the regional market for a while.

Turkish Airlines’ chairman, Ahmet Bolat, told Reuters that the company “is evaluating different strategies such as joint ventures and IPOs” for regional carrier Anadolujet and Turkish Cargo. According to the ch-aviation fleets advanced module, Anadolujet currently operates a fleet of fifty-two B737-800s (average age 16.4 years) and five B737-8s, on routes to northern Cyprus, the Middle...

Gabon's LAG chartering in capacity pending certification