Turkish Airlines said it will lease two A340-300s from ILFC for six years each beginning in February and April. It currently operates seven of the type. Separately, THY is targeting a net profit margin of 10% for 2007 and 20% passenger growth in 2008, CEO Temel Kotil told Reuters. The carrier expects 24 million passengers this year. It plans to join Star Alliance in March.

Subscribe to Access this Entire Article

"Expanding THY to increase A340 fleet" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.