Istanbul, May 23 (Bloomberg) -- Turk Hava Yollari AO, Turkey's
national airline, is planning to buy 10 passenger jets from the
Boeing Co., amid expectations the number of foreign visitors will
surge this year, daily Aksam reported.
The airline has options to buy 23 more planes from Boeing at
the prices it paid in 1997, Aksam said, citing unidentified Turkish
Airlines officials. The airline may exercise some of those options,
the paper said, without saying when the purchase may take place.
Turkish government officials have voiced optimism about tourism
this year after the war in neighboring Iraq ended quickly. Turkish
Airlines has monopoly rights over domestic flights in Turkey and
flies to and from most European cities. Its fleet is mostly made up
of Boeing and Airbus SAS jets. Airbus is 80 percent owned by
European Aeronautic Defense & Space Co.
Turkish Airlines had a record profit of 104.9 trillion liras
($60 million) last year after parliament passed a law allowing it to
set fares without government approval. The airline will use the new
Boeing jets to increase flights to regions popular with tourists,