Turkish Airlines’ rapid ascent to the top of the global airline industry
Turkish Airlines at the gate at Kayseri Erkilet Airport in Turkey. LWY / Flickr
A viral marketing campaign and reputable service helped TA get to where it is today, but its success is also attributable to outside factors including its hub’s central location bridging the booming Asian market with the West and the economic woes of legacy carriers.
Excerpt from CNN Money
Bold, brave moves are fast becoming the hallmark of Turkish Airlines, one of the world’s fastest-growing carriers. Since 2003, when Turkey deregulated its airline industry, Turkish Airlines has nearly quadrupled its passengers, tripled its aircraft, and doubled its number of destination cities. Its fleet is half the average age (6½ years) of its European competitors.
Some analysts have begun to compare Turkish Airlines to Gulf carriers Emirates, Qatar Airways, and Abu Dhabi-based Etihad, which pride themselves on customer service. In 2010 it unveiled a slick global marketing campaign featuring stars such as Kobe Bryant and Barcelona footballer Lionel Messi. The airline’s investments appear to be paying off: In the first nine months of 2012, Turkish Airlines’ profit climbed 665%, to about $482 million, on sales of $6.2 billion.