Dear Guests, Here at Turkish Airlines it gives us great pride and pleasure to reap the fruits of our efforts and to share them with you.
Raising its performance a notch higher each year, Turkish Airlines is continuing to take sure steps towards being Europe’s fastest growing and most productive company. As we assess together with you our activities between 2003 and 2006, I would like to stress once again that our national airline, founded in 1933, is the pride of Turkey.
Turkish Airlines’ annual capacity on its domestic routes, which was 5 million in 2002, is expected to rise to 9 million in 2006. Passengers on our routes abroad, which swelled to 5 million in 2002, exceeded this number in 2003, and the airline is expected to carry over 8.7 million passengers in 2006. Similarly, the total number of passengers, which was 10 million in 2002, climbed to 14 million in 2005 and is expected to reach 18 million in 2006. All these figures show that Turkish Airlines grew two-fold, doubling its commercial size between 2002 and 2006.
This growth in Turkish Airlines is seen not only in the number of passengers carried but also in seat occupancy rates on its aircraft. What this means is that Turkish Airlines has boosted its profitability both by economy of volume and because it is filling its planes better. The figures show that we have succeeded in becoming a more widely recognized, global airline, that our profitability has risen due to economy of volume, and that we have captured a chance to grow more rapidly thanks to falling unit costs and cheaper ticket prices. Turkish Airlines, which made 98 thousand flights in 2002 and
121 thousand in 2005, aims to make 151 thousand in 2006. Flying to
77 destinations with 68 aircraft in 2002, our airline in 2006 is approaching 103 foreign destinations alone with 102 planes. Furthermore, as we shared with you last month, our on-time takeoff rate is now at 82.8%. In other words, among airlines at the same level, we have demonstrated great success in taking off on time and not losing luggage. As if that weren’t enough, our cargo unit has also broken a record with sales of over 200 million dollars for the first time in its history.
The figures we have shared with you clearly indicate that we are first among airline companies at the same level. Compared with previous years, Turkish Airlines is at least twice as well-known in 2006, with twice the prestige it had before. Growing at 20 percent annually in Europe, Turkish Airlines chalked up a 50 percent increase in ticket sales for Business Class seats on its European flights.
But we are proud to share with you not just our commercial but our social success as well. And I would therefore like to add that, as an airline that is always conscious of its social responsibilities, we were awarded the ‘Social Responsibility Grand Prize’ for never doing harm to the environment.
Our highest aim at Turkish Airlines is to raise your pleasure to the highest possible level and to improve the quality of the service we provide. We are striving to succeed in this with the support and confidence of you, our valuable passengers.
I would like to take this opportunity to wish the Turkish people a happy National Victory Day on 30 August, and all of you a pleasant flight.
Temel KOTİL, Ph.D.
CEO and Member of the Board