Transportation
Turkey Rules Out Privatization of Turkish Airlines Unit AJet
- Turkish minister says AJet separated to boost competitiveness
- Turkish Airlines’ low-cost unit benefits from rising demand
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Turkey’s Minister of Transportation and Infrastructure, Abdulkadir Uraloglu, said there are no immediate plans to privatize Turkish Airlines or its low-cost carrier AJet.
Uraloglu said in an interview that last year’s decision to establish a new company for AJet and separate it from Turkish Airlines was driven by a plan to boost competitiveness, and not as a step toward privatization.