For those in the Northern Hemisphere I hope you are all staying warm.
A brief summary of some January highlights:
o Traffic numbers were published for Turkish Airports and no surprise a record year. IST easily swept past MAD is now in the #5 spot for Europe, with only about 1 million passenger separation from Amsterdam. Quite conceivable that #3 Frankfurt could also be passed in a couple years.
o TK is also coming off a record year and is staring to firm up is summer schedule. More frequencies and a few more points - Cotonou, Pisa, Varna,
o TK continues to shop for widebody leases. Sounds like nothing official came of LOT 787 talks.
o Talks of a new Northern Cyprus Airline - Karpas - by former KTHY employee union. However minister of Public Works and Transportation says he knows of no such venture.
o Management shakeups continue at Onur Air. New owners bring in former TK VP as new Chief Commercial officer.
For photo wanted to share one of the recently delivered 2nd A320 for Pegasus.
Photo © Mehmet Mustafa Celik - SpotTR
For now the pair of PC A320s seem to be dedicated solely on domestic ops. I'm sure as the fleet grows with operational experience they will venture onto Europe as well.
One question I wanted to start the month out with was as result of recent economic events, I was wondering how the weakening Turkish Lira could effect airlines, particularly the domestic players as their incomes are predominately TL based but they have significant currency exposures as large expenses are in hard currencies?
Also will a weakening TL reduce passenger demand as it becomes more expensive to travel overseas? (though it could further boost inbound tourism sector).
Anyhow, welcome all and look forward to hearing your comments this month.