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Turkey's Economic Growth and Aviation Hub

The document discusses Turkey's economy and position as a future market. It notes that Turkey has the 16th largest and 6th largest European economy with over 76 million people. Turkey has experienced strong economic growth of 5% annually over the past decade and is one of the fastest growing economies in the world. As the 6th most visited tourist destination globally, Turkey is well positioned as a hub for aviation given its central location connecting over 40 countries within 3 hours by air.

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philippe8bruno
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69 views4 pages

Turkey's Economic Growth and Aviation Hub

The document discusses Turkey's economy and position as a future market. It notes that Turkey has the 16th largest and 6th largest European economy with over 76 million people. Turkey has experienced strong economic growth of 5% annually over the past decade and is one of the fastest growing economies in the world. As the 6th most visited tourist destination globally, Turkey is well positioned as a hub for aviation given its central location connecting over 40 countries within 3 hours by air.

Uploaded by

philippe8bruno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

WhatMightFutureMarketsBe?

TheCaseofTurkey..
TurkishRepublicwasfoundedin1923..

Turkeysrelations
withtheEUstarted
in1963(50years)

Turkey World's16thand
Europe's6thlargesteconomy
withapopulationof76million.

Turkeyisthefastestgrowingeconomyin
Europeandoneofthefastestgrowing
economiesintheworldwithanaverageannual
realGDP growthrateof5%overthepast
decade.

Istanbulisideallylocatedasanaviation
hubas41countriescanconnect with
Istanbulwithin3hours,53countries
within4hours and66countrieswithin5
hours.

Turkeyisthe6th mostvisitedholidaydestinationin
theworldwith37.8milliontourists.

FlagcarrierTurkishAirlinesranks
12th andrecordedthehighestyear
onyeargrowthrateofRPK(+15.9%)
fortheeightconsecutivemonthsin
2014accordingtoICAOairtransport
outlook.

TurkishAviationsectorturnoveris23.8billionUSDwith180.570
employees (was$2.2billionUSDand64,617employeesin2003).
TurkeyhassignedAirservicesagreementswith162ICAOMemberStates.

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