Turkish Airlines has put part of its fleet up for lease as the carrier is struggling with a slowdown in growth for air travel demand.
In an earlier effort to align the fleet with the company’s revised network, growth ambition and demand Turkish Airlines has slowed down deliveries for at least some of the single-aisle aircraft that it ordered from Airbus and Boeing. The airline has 92 unfilled orders for the Airbus A321neo, and 75 for the Boeing 737 MAX family aircraft. The delivery of 39 aircraft to be delivery between 2018 and 2020 has been deferred.
While trimming its fleet growth, the Turkish carrier is now also leasing out some of its current Airbus A330 aircraft. The airline is leasing out 8 out of 20 Airbus A330-200s which were built between 2007 and 2011.
Cabot Aviation has been appointed to support the sublease of the aircraft.