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SOURCE sunexpress-talks-confirmed-by-turkish- airlines.aspx?pageID=238&nID=68998&NewsCatID=3 45.

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Presentation on theme: "SOURCE sunexpress-talks-confirmed-by-turkish- airlines.aspx?pageID=238&nID=68998&NewsCatID=3 45."— Presentation transcript:

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2 SOURCE http://www.hurriyetdailynews.com/lufthansa- sunexpress-talks-confirmed-by-turkish- airlines.aspx?pageID=238&nID=68998&NewsCatID=3 45

3 SUN EXPRESS NEW Turkish Airlines confirmed German air carrier Lufthansa is having talks with their joint venture SunExpress for long-haul budget flights, a day after denying the start of the negotiations. Lufthansa said on July 10 it plans to start talks about introducing long-haul flights at SunExpress, its budget joint venture with Turkish Airlines. “Currently, SunExpress is short-range narrow-body [planes] only, but we will be discussing this with SunExpress and Turkish [Airlines] over the next months and we will potentially extend SunExpress into long-range flights,” Lufthansa Chief Executive Carsten Spohr said in a webcast presentation to analysts.German

4 SUN EXPRESS Lufthansa first unveiled plans to expand its low-cost services under new brands on July 9, naming Turkish Airlines as a potential collaborator. Turkish Airlines rushed to rule out having talks over the issue after Lufthansa’s announcement. “There are no projects regarding long-haul flights as mentioned in the media between Turkish Airlines and Lufthansa,” it said in a statement. However, it later issued a statement to say it was in constant, positive talks with Lufthansa about the SunExpress joint venture. Germany’s biggest airline has been trying to cut costs amid tough competition from European budget carriers and aggressively expanding government-owned Gulf airlines. July/11/2014

5 MY OPINION Sun Express and Turkish Airlines interested partnership, which the CEOs of the two airlines confirmed by German Chancellor Angela Merkel and Turkish Presedent Tayyip Erdogan. The carriers already have a close relationship, launching the joint venture SunExpress.They operate scheduled and charter flights based in Antalya. Lufthansa also sponsored Turkish Airlines (Star Alliance). Their tide of business flowing to the big three Gulf carriers. A group with Lufthansa Sunexpress and Turkish Airlines would make a fleet of six hundred aircraft, more than the Gulf carriers mix.

6 SUN EXPRESS Sun Express is really seeks for strategic partners, Turkish Airlines is still the best option at the moment, and probably its last. Sun express itself highlighted the importance of this.. “It is a question of time before Europe’s connections to other religion they say. An alliance with Turkish Airlines would operate more flights, grows investment in better aircraft and boost pricing power. Sun express also has one eye on joint ventures could take place,

7 SUN EXPRESS in catering, IT and maintenance. Destinations could be expanded. Because revenues at TK have grown at an average 24% a year for five years. Turkish Airlines has a good presence in regions where Sun express has low, It enables Sun express option its offer without creating in new routes and aircraft


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