Turkish Airlines Wants Additional Traffic Rights To IndiGo: CEO Bilal Eksi

Turkish Airlines is open to a unilateral increase in traffic rights to Indian carriers that will allow them to increase the number of flights to Türkiye, Chief Executive Officer Bilal Eksi said on Tuesday.

Usually, traffic rights are exchanged on a reciprocal and equal basis between two countries. Turkish Airlines, however, is willing to support a unilateral increase in rights to IndiGo, which is its strategic partner.

Additional traffic rights, if granted, will allow to carry more traffic to Türkiye and onwards to Europe, boosting its international operations.

“I believe the Turkish Authority would have no objection to such a proposal as long as the foreign airline is a strategic partner,” Eksi said on the sidelines of the CAPA India Summit.

Such a unilateral increase in traffic rights will be unique to Türkiye and may also receive a nod from the Indian government. The ministry and could not be immediately contacted for a comment.

Turkish Airlines and have a codeshare partnership since 2018. Earlier this year, Turkish Airlines wet-leased a wide-body Boeing 777 aircraft to IndiGo. A second Turkish aircraft with 531 seats will be placed in service between India and Istanbul from May 1, helping the traffic significantly.

The load factor from India to Turkiye is 95 per cent. From Türkiye to India, it is 80 per cent and going up.

“Both sides are benefitting from this partnership. All operational issues are being resolved and there are dedicated teams in both countries looking after the operations. We are pleased with the performance and it shows that more capacity is needed between the two countries," Eksi added.

RECENT NEWS

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more