Turkish Airlines eyes Dubai growth after runway repairs curbed flights last year



Turkish Airlines expects passenger numbers from Dubai to grow by more than 9 per cent this year after curtailing its operations last summer because of runway repairs at Dubai International Airport.

Despite reducing its flights from 14 to 11 a week for 80 days last year, Turkish carried 336,746 passengers from Dubai to Istanbul, reflecting a growth of 9 per cent year on year.

“This year growth will be better than last year,” said Emre Ismailoglu, Turkish Airlines’ general manager for Dubai and Northern Emirates.

“We have two flights daily, but last year there was construction at the airport, so we decreased our flights from 14 to 11 per week. This year there’s no problem.”

From Abu Dhabi, Turkish Airlines grew its passengers by almost 4 per cent last year. The airline operates four flights per week from the capital.

He did not provide expected growth figures from Abu Dhabi.

Turkish Airlines growth ambition mimics the trajectory of Arabian Gulf carriers – Emirates, Etihad and Qatar Airways. The airline aims to almost double its fleet to 450 aircraft by 2023, up from its current 263. By the end of this year, it plans to operate 300 jets.

However, Mr Ismailoglu ruled out the possibility that Turkish Airlines would be soon operating the world’s biggest passenger aircraft, the A380.

In March, it was reported that Turkish Airlines was considering the lease of six A380s from Malaysian Airlines. That would have given the carrier significantly increased operational capacity without the hefty financial outlay of buying the planes.

Mr Ismailoglu disputed that.

“Ataturk airport is not suitable for this aircraft [the A380]. Now they are not buying this type of aircraft,” he said.

The double-decker aircraft requires special gates. Not all airports across the world are able to accommodate it.

Mr Ismailoglu added that Turkish Airlines growth is currently limited by the capacity of Istanbul Ataturk International Airport, but the country is preparing to open Istanbul’s new airport in 2017.

The US$35 billion airport will have six runways, 500 aircraft parking spots and capacity to accommodate 150 million passengers a year.

"It is hard to grow at Ataturk airport because of the lack of capacity, so we need a third one," said Mr Ismailoglu.

selgazzar@thenational.ae

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UAE currency: the story behind the money in your pockets
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Company%20Profile
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UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

Full Party in the Park line-up

2pm – Andreah

3pm – Supernovas

4.30pm – The Boxtones

5.30pm – Lighthouse Family

7pm – Step On DJs

8pm – Richard Ashcroft

9.30pm – Chris Wright

10pm – Fatboy Slim

11pm – Hollaphonic

 

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

COMPANY%20PROFILE
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