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"Light Years Away"
Oil Drop Means Cheaper Fares as Turkish Air Seeks Expansion
Turkish Airlines (THYAO), the carrier that flies to more destinations than any other in the world, will use oil’s drop as an opportunity to cut prices, expand its destination map and increase market share, its chairman said.

Promotional tickets targeted at budget-minded travelers will help lift revenue by about 20 percent next year, Turkish Airlines Chairman Hamdi Topçu said in an interview on a flight en route to London from Istanbul, where the airline is based.

“We’ll be able to offer more competitive prices,” he said. “On every plane we already have some promotional fares, and we’ll increase those.”

Oil has dropped 37 percent last year and accelerated its decline last week after OPEC decided to maintain output. The drop is a blessing to the aviation industry, which counts fuel costs as its single biggest expense.

Oil Drop Means Cheaper Fares as Turkish Air Seeks Expansion - click here

Has anyone noticed cheaper air fares on this carrier yet? Or are they using up last years hedged oil first? Maybe some lower fares mid 2015?

Noticed lower fares on Emirates, but as yet,nothing significant on Turkish airlines.

With Oil price at $53 per barrel the lowest in 5yrs, would be good for the consumer to get the savings too.
Well in the meantime enjoying the petrol prices ..may even get to £1/Litre :)
 

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