Turkish Airlines has recently entered into a leasing agreement for a total of 20 narrowbody planes and one widebody plane. This strategic move will allow the airline to enhance its fleet and meet the growing demand for air travel. By adding these new aircraft, Turkish Airlines aims to offer an improved flying experience to its passengers while expanding its route network. This leasing arrangement is a testament to the airline's commitment to providing top-notch service and maintaining its position as a leading player in the aviation industry.
Turkish Airlines has recently announced that it has signed new lease contracts for twenty narrowbody aircraft and one widebody from CDB Aviation, Jackson Square Aviation, and DAE Capital. The deliveries for these aircraft are expected to be completed by the first quarter of 2026.
Lease Details
According to the carrier, it will lease six narrowbody planes from CDB Aviation, with deliveries scheduled between the first quarter of 2025 and the first quarter of 2026. Additionally, four narrowbody aircraft from Jackson Square Aviation are set to be delivered in the first quarter of 2025, while ten planes from DAE Capital will be delivered between the fourth quarter of 2024 and the first quarter of 2025. All of these narrowbody planes will be leased for a period of 12 years.
The single widebody aircraft from CDB Aviation is expected to be delivered in the second quarter of 2024 and will be leased for six years. However, Turkish Airlines has not disclosed the types of aircraft and has declined to comment on the matter.
Order Status
It is worth noting that Turkish Airlines has yet to place its long-awaited order for as many as 600 narrow- and widebody aircraft. In the meantime, the airline is signing smaller incremental contracts with lessors.
Strategic Move & Benefits for Turkish Airlines and Passengers
This move by Turkish Airlines is a strategic one, as it allows the carrier to expand its fleet while minimizing costs. By leasing these aircraft, Turkish Airlines can avoid the hefty price tag associated with purchasing new planes outright. Additionally, leasing allows the airline to have more flexibility in terms of fleet size and composition.
Overall, this move by Turkish Airlines is a positive one for the airline and its passengers. With a larger fleet, Turkish Airlines can expand its route network and offer more flights to its customers. Additionally, the airline can continue to provide reliable and efficient service while keeping costs in check.
(This article is sourced from ch-aviation.com and curated by Thetransporteronline24)
