Turkish Airlines plans to be one of the top 5 maintenance centers
Built with $550 million, Turkish HABOM (Türk Hava Yollari Havacilik Bakim Onarim Merkezi) operating under Turkish Technic, a subsidiary of THY, will service THY and third party airlines, taking advantage of Istanbul's key location lying within a flight distance of 3.5 hours to 55 countries in Europe, Asia, the Middle East, and Africa.
Speaking at the opening ceremony, Turkey's Prime Minister, Recep Tayyip Erdogan, noted Turkey's great leap in airline industry. "Turkey has doubled the number of its airports in the last 12 years, bringing the number to 52 from 26, while the cost of air travel has dropped sharply, becoming a truly popular transportation method."
Once fully operational, the new facility will employ 7,000 personnel and generate an annual revenue of $1.5 billion. ■