This week’s Carbon Analysis looks at the top four European full-service carriers by fleet size: Air France, British Airways, Lufthansa and Turkish Airlines.
European airlines are pulling out capacity or even leaving some routes completely while Chinese carriers are expanding their capacity to Europe substantially.
Turkish Airlines posted a 26% drop in Q2 operating profit, citing competitive pressure on passenger unit revenues and the effect of global inflation on costs.
Turkish Airlines is targeting 2027 for its LCC subsidiary AJet to have 90% of its fleet comprised of next generation Airbus A320neo and Boeing 737 MAX aircraft.
Despite Turkish Airlines’ strong first quarter, the airline continues to struggle with aircraft delivery delays and geared turbofan (GTF) engine problems.
Rolls and Turkish Airlines intend to explore potential development of building an MRO capability for the Trent XWB in Turkey along further supply chain sourcing.