Tuesday, October 21, 2008

Turkey: Growth and Turbulence

"Turkey: Growth and Turbulence
10/21/2008 (Balkanalysis.com)

By Oxford Business Group*

The outlook is mixed for Turkey’s aviation industry, with the country’s national flag carrier planning a massive expansion programme while some smaller lines are looking to cut routes and costs as the Turkish economy slows.

On October 14, national carrier Turkish Airlines (THY) announced it had asked leading manufacturers Airbus and Boeing to submit proposals for 25 double-aisle and 50 single-aisle planes, with options for 10 more twin-aisle and another 20 narrow body aircraft."

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