Turkish Airlines-Strong growth hits a wall as security and political events take a toll, but opportunities still remain

“The Report Turkish Airlines-Strong growth hits a wall as security and political events take a toll, but opportunities still remain provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About Turkish Airlines Market

Turkish Airlines has in recent years expanded its operations dramatically, emerging from a local airline to a major global player. This growth has been propelled by the strategic location of its Istanbul hub. With Turkey currently constructing a six runway new airport at Istanbul, potential for growth is strong. However political and security concerns still linger and can adversely affect the company, as happened in 2016 when a string of terrorist attacks and an attempted political coup drove the airline into contraction.

Get Sample copy of this Report @ https://www.marketresearchreports.biz/sample/sample/1350003

Key Highlights

– Turkish Airlines is one of the success stories of the airlines industry over the past decade, with the company more than doubling the number of destinations it travels to within the span of ten years whilst also increasing its revenue significantly.

– However, despite its growth and the potential for more, Turkish Airlines suffered a real shock in 2016 when its revenues fell and the number of tourists travelling to the country also declined significantly.

– Potential for further growth is very real, especially as the new Istanbul airport will allow Turkish Airlines to further expand its operations. The Americas particularly is an area with low penetration at the moment. The weakening of the Lira coupled with an increase in the global tourism industry will also serve to attract tourists to Turkey again.

Scope

– Explains the reasons fur Turkish Airlines growing so strongly over the past decade.

– Explores how the company can continue expanding in the coming years.

– Analyzes why Turkish Airlines did not grow in 2016 specifically.

– Examines further growth possibilities for the airline company as well as the increasing challenges it will face from competitors.

View Report @ https://www.marketresearchreports.biz/reports/1350003/turkish-airlines-strong-growth-hits-a-wall-as-security-and-political-events-take-a-toll-but-opportunities-still-remain-market-research-reports

Reasons to buy

– Why has Turkish Airlines grown so strongly in recent years?

– Why did its revenues decline in 2016 specifically?

– What potential for further growth exists for the company?

– Which companies serve as the main competitors to Turkish Airlines?

Send An Enquiry Request @ https://www.marketresearchreports.biz/sample/enquiry/1350003

Table of Contents

Overview 2

Catalyst 2

Summary 2

Turkish Airlines has witnessed strong growth over past decade 6

Turkish Airlines destinations double within a decade 6

Turkish Airlines brand image also boosted by expansion in operations 8

Potential for further growth remains strong as new Istanbul airport under construction 9

Worlds largest airport currently under construction in Istanbul 9

Growth in international tourism along with popularity of medical tourism provides further opportunities for growth 10

Weakening Lira attracts more tourists to the country 11

Turkish Airlines is still a marginal player in the Americas 12

Political instability and volatile security situation strongly threaten growth of Turkish Airlines 13

Attempted coup and shooting down of Russian plane had huge negative consequences for Turkish Airlines in 2016 13

Terrorist attacks including one at Ataturk Airport deter many tourists from flying to Turkey 14

General difficulties within airlines industry also taking a toll on Turkish Airlines 16

Competition from low-cost airlines like Pegasus and Onur Air has intensified in recent years 16

Emergence of other possible stopover hubs like Helsinki and Astana also weakens Istanbuls attraction 17

Conclusions 18

Turkish Airlines will return to growth but competition from rivals is likely to be more intense 18

Sources 19

Further Reading 20

Ask the analyst 21

About MarketLine 21

Disclaimer 21

List of Tables

Table 1: Turkish Airlines revenue, $ million, 2012-2016 7

Table 2: $ to TRY, 2012-2016 11

Table 3: Pegasus Airlines domestic market share (%), 2012-2016 16

List of Figures

Figure 1: Number of destinations Turkish Airlines travels to, 2006-2016 6

Figure 2: Turkish Airlines domestic vs international revenue stream, 2006-2016 7

Figure 3: High profile sports stars like Lionel Messi and Kobe Bryant have advertized for Turkish Airlines 8

Figure 4: Number of passengers in millions, 2006-2016 9

Figure 5: Range of wide and narrow body planes from Istanbul 10

Figure 6: Number of visitors to Turkey from selected nations, 2006-2016 13

Figure 7: Net income of Turkish Airlines, $ millions, 2012-2016 14

Buy Now @ https://www.researchmoz.com/checkout?rep_id=1350003&licType=S

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

E: sales@marketresearchreports.biz

%d bloggers like this: