Tuesday, June 09, 2009

MAS to partner Turkish Airlines

Malaysia Airlines (MAS) will sign a code-sharing agreement with Turkish Airlines today.

Turkish Airlines president and CEO Dr Temel Kotil said the partnership would enable both carriers to feed into each other’s network.

“We do not have extensive networks covering the Far East. With this arrangement, we can rely on MAS’ extensive network there.

“Similarly, MAS can ride on our extensive network in the Middle East and North Africa,” he said, adding that the agreement bode well for both airlines to increase their respective network coverage and load factor.

“This is one of the most important code-sharing agreements for both airlines and should have a positive impact on the revenue of both companies,” he said.

The code-sharing operations would start in the next few weeks, Temel said.

Meanwhile, he said, over the past five years, Turkish Airlines had increased its fleet size to 127 from 65. “We are expecting deliveries of nine new aircraft this year,” Temel said.

Apart from its fleet expansion, Turkish Airlines will continue to increase its number of international destinations.

This year, it expanded its domestic routes to include Corlu, Canakkale and Usak while flights from and to Ufa, Meshad, Sao Paolo, Binghazi, Dakar and Nairobi have been added to its international routes.

New routes to Goteborg, Lviv and Toronto have been plannned for this year.

On its performance, Kotil said Turkish Airlines achieved a 328% jump in net profit to US$874mil last year and a 15% increase in the number of passengers even as the market was experiencing a serious contraction.

He said Turkish Airlines served some 22.5 million passengers last year and forecast serving 26.7 million this year.

Source : STAR
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