Turkish Airlines Annual Report 2014

188 Pages·2015·9.6 MB·English

TARGET
2023
THE RISE
CONTINUES…
ANNUAL REPORT 2014
2014 AT A GALANCE AND 2015 TARGETS GLOBAL POSITION TARGET
With 108 countries, With 264 destinations, With its 219 2023
Turkish Airlines is Turkish Airlines is international
the largest carrier the 4th largest airline destinations, Turkish
#1 #4 #1
worldwide in in regard to flight Airlines is the largest
regard to number network around the airline in regard
of flying countries. world. to international
destinations.
With its 32 million With its capacity
international (available seats per
#7 #13
passengers, Turkish km/mile), Turkish
Airlines is 7th largest Airlines is the 13th
airline in the world. largest airline in the
2014 2015 Targets
world.
FLIGHT NETWORK AND OPERATIONAL DEVELOPMENT
63.0
54.7
Total Passengers 219 INTERNATIONAL, 45 DOMESTIC DESTINATIONS IN 108 COUNTRIES
million
million
With the ongoing construction of the New Airport in
10.0% Change in ASK Istanbul, Turkey is preparing to become the world’s
8.3% Change in RPK
EUROPE 8.3% Change in Number of aviation hub. As Turkish Airlines, we continue to rise
103 Passengers
14.6% Change in Cargo and Mail FAR EAST for higher targets with Turkey’s most challenging
18.9% Change in ASK (available
31
Fleet 261 293 NORTH s2e0a.3ts% p Cehr aknmg)e in RPK (revenue project.
AMERICA passenger kilometers) TURKEY
8 2P0as.8s%en Cgehrasn ge in Number of 45 21.5% Change in ASK
15.8% Change in Cargo and Mail 20.2% Change in RPK Being among the first 10 airline companies of the
17.9% Change in Number of
Passengers world, we’re “flying high” to higher targets. With our
18.5% Change in Cargo and Mail
MIDDLE
innovations, investments and matchless services,
EAST 0.3% Change in ASK
4.3% Change in RPK
33 4.3% Change in Number of we’re decisively flying towards a more challenging
Passengers
International Flight 219 227 23.4% Change in Cargo and Mail future.
Destinations
14.6% Change in ASK
SOUTH 28.2% Change in ASK A4FR2ICA 1121..38%% CChhaannggee iinn NRuPmK ber of Our plans are ready, and our route has been set.
AMERICA 24.8% Change in RPK Passengers
2 21.6% Change in Number of 15.2% Change in Cargo and Mail
Passengers Target 2023.
9.4% Change in Cargo and
Mail
1.8% 1.9%
Global Market Share
ISTANBUL NEW AIRPORT
TARGET 2023
About Istanbul
New Airport
2023 PASSENGER TARGET
150 million
120 MILLION
passenger capacity
271 2023 TURNOVER TARGET
aircraft capacity USD 24 BILLION
54.7
6
2023 FLEET TARGET
48.3
runways
Istanbul New Airport, scheduled to open and 450>
start providing services in 2017, will add a strong 39.0 11.1
momentum to the growth trend in Turkey’s civil 181
32.6
aviation sector that continues for the last 12 years. passenger bridges 9.8 2023 WORLD
This giant project that will carry Turkish Airlines
29.1 MARKET SHARE TARGET 5%
into future, will also turn Istanbul, which already is 8.2
261
a natural hub due to its geographical position, into 25.1
one of the world’s largest aviation centers. 7.1
245
22.6
5.4
19.6 219
4.5 1.8
16.4 196
1.6
4.7
After becoming the best in Europe,
13.6 174
1.4
3.7 to become the best airline company
11.3 158
1.2
2.8 in the world; to greater success, and
10.0 145
1.0
2.3 towards a future full of pride.
142
9.7
0.9
THE RISE
2.1
134
0.8
1.8
120
0.7 CONTINUES
1.6
110
0.7
102
0.6
100
0.6
0.5
0.5
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2023
24.2
TOTAL SALES INCREASED BY 29% AND REACHED
TL 24.2 BILLION, GROSS OPERATING PROFIT
AMOUNTED TO TL 1.359 BILLION, AND NET PROFIT
REACHED TL 1.819 BILLION.
18.3
TURKISH AIRLINES REGISTERED A STEADY
PROFIT PERFORMANCE OVER THE PAST
FIVE YEARS AND ACHIEVED AN EBITDAR
MARGIN OF 18.3%.
54.7
IN 2014, TURKISH AIRLINES CARRIED 32
MILLION INTERNATIONAL AND 22.7 MILLION
DOMESTIC PASSENGERS, MAKING FOR A
TOTAL OF 54.7 MILLION PASSENGERS.
With the ongoing construction of the Istanbul
New Airport, Turkey is prepared to become a
global aviation hub. Together with the most
ambitious project in Turkey, in order to reach even
greater targets, we will continue our rise.
As one of the world’s top-10 airlines, we
are aiming high. Through our innovations,
investments, and incomparable service, we are
flying toward a more ambitious future via our
commitments.
Our plans are ready, our course is certain.
The Goal: 2023.
6
RUNWAY
ISTANBUL NEW
150
AIRPORT
MILLION PASSENGER
CAPACITIES
350
181
DESTINATIONS
NUMBER OF
PASSENGER BRIDGES
271
AIRCRAFT PARKING
CAPACITY
Aim of 2023
One of the most
T
R
important projects
O
P
R
in civil aviation I
A

W
worldwide is coming
E
N
to life in Istanbul. L
U
B
N
A
T
With the completion of S
I

E
the Istanbul New Airport H
T

H
construction project, which is
T
I
W
in progress in Istanbul and is
Y
T
one of the greatest projects CI
A
P
in global civil aviation, a new
A
C
chapter in Turkish civil aviation R
E
G
will commence. Turkish Airlines, N
E
S
which will have a private
S
A
terminal in this giant creation, P

D
E
aims to serve 135 million S
A
E
passengers with quality service R
C
N
by 2023. The new airport is
I
planned to serve approximately
200 million passengers after all
its stages are completed.
Total Passenger Increase (millions) Aim of 135
54.7
48.3
39.0
32.6
29.1
‘10 ‘11 ‘12 ‘13 ‘14 2023
261
35
TOTAL NUMBER OF
AIRCRAFT
NO. OF AIRCRAFT
EXPECTED TO JOIN THE
FLEET IN 2015
100
50
NO. OF WIDE-BODY
AIRCRAFT IN THE FLEET
BY 2016
NO. OF NARROW-BODY
AIRCRAFT NUMBER IN
THE FLEET BY 2018
Aim of 2023
By 2023, we will have
T
E
the world’s largest and E
L
F
most modern fleet
G
N
U
globally, with more
O
Y

than 450 aircraft. &

N
R
E
D
Turkish Airlines serves a total O
M
of 264 flight destinations in
108 countries and operates the
most comprehensive network
worldwide. Turkish Airlines is
continuing to progress with its
efficient growth policy, and it
targets to grow more vigorously
with a planned fleet of more
than 450 aircraft by 2023.
Fleet Progress Aim of 450
261
233
202
179
153
‘10 ‘11 ‘12 ‘13 ‘14 2023
108
219
NUMBER OF
COUNTRIES
INTERNATIONAL
FLIGHT DESTINATIONS 45
264
18 DOMESTIC FLIGHT
DESTINATIONS
NUMBER OF CITIES
NEW DESTINATIONS
LAUNCHED IN 2014