TAI, TURKISH AIRLINES AND TURKISH TECHNIC ESTABLISH A JOINT VENTURE COMPANY
Turkish Aerospace Industries, Inc (TAI), Turkish Airlines and Turkish Technic Inc. are establishing a Joint Enterprise Company to carry out the manufacturing of products and components for aircraft cabin interiors as well as the related logistic, support, modification, and marketing activities.
TAI, Turkish Airlines and Turkish Technic will design and manufacture aircraft
components under the same roof.
The Joint Enterprise Company, which will be created under the name “Türk Kabin İçi Sistemleri Sanayi A.Ş.” (Turkish Cabin Interior Systems Industries Inc.), will carry out the design of products and components for aircraft cabin interiors as well as their manufacturing, logistical support, modification, and marketing.
The Joint Venture Company will manufacture Galley (aircraft kitchen), Crew Rest (staff rest room), Magazine Racks, Literature Pocket (newspaper and printed paper box), Divider & Wind Screen (cabin interior divider systems and wind screeens), Doghouse & Bustle (cupboards for various equipment, emergency equipment), Stowage (small cupboard for general use), Coatroom (wardrobe), Video Control Compartment (monitoring system room) and Stairhouse (entrance to rest room) and similar cabin interior products. The manufacturing company aims to acquire share from the market worldwide.
Hamdi Topçu, Chairman of the boards of Turkish Airlines and Turkish Technic, said, “We and TAI are uniting our technical and market experience under the same roof in order to be a part of the premier league of the production of cabin interior products. In addition, with this aggressive overture, we want to prove that we can produce high-quality aircraft cabin interior products under a brand that is 100 percent Turkish. We claim that Turkey will be a maintenance, repair and also manufacturing hub that should be taken seriously via this structuring in the near future.”
“We believe that the new emerging joint venture will enhance our current cooperation and provide a solid ground for further and broad areas of cooperation with Turkish Airlines family. With the understanding of quality and mentality of serving without making any concessions, our joint venture company that will operate in the area of designing and manufacturing Cabin Interior Systems will be at the disposal of both national and international customers worldwide on a large scale of products. We are absolutely sure that the joint venture between Turkish Airlines, which a global scale airline in Civil Aviation Sector, and Turkish Technic, which is a center of perfection in relation to MRO that is one of the most basic and important components of aviation, and TAI, which is the leader company of the Aviation Industry, will achieve success in a short time, considering the infrastructure, knowledge and working principles of the organizations” stated TAI Chairman
of the Board, Mr. M. Yalcin Kaya.
Turkish Airlines; established with 5 aircraft in 1933 and has reached today to a fleet consisted of 153 aircraft, is a 4 star airline and member of the Star Alliance and conducting operations to 128 international and 41 domestic destinations.
About Star Alliance
Turkish Airlines is a member of the Star Alliance that was established in 1997. The alliance operates 21,000 flights per day to 1,160 destinations in 181 countries.
Turkish Technic Inc.; an association of Turkish Airlines group companies (Istanbul Stock Exchange: THYAO), provides MRO services for Boeing and Airbus airframes, engines, auxiliary power units (AUP), landing gear and components. The company serves more than 100 airlines in Europe, the Middle East, Northern Africa, Turkey, and the Commonwealth of Independent States (CIS) with its maintenance base in Istanbul and highly qualified workforce of more than 3,000 personnel. For more information, visit http://www.turkishtechnic.com.
Turkish Aerospace Industries, Inc. (TAI); which is located in the capital city of Turkey, Ankara, on a 5.000.000 square meters area with a state-of-the-art industrial facility of over 230,000 square meters under roof; is the center of technology in design, development, modernization, manufacturing, integration and life cycle support of integrated aerospace systems from fixed and rotary wing air platforms to UAVs and satellites in Turkey. TAI ranks among the top hundred global players in aerospace and defense arena. With its modern facilities equipped by high technology products, machinery, tools and capabilities; TAI is to be considered as a reliable partner for both national and international customers. For more information, visit http://www.tai.com.tr.
TAI is an organization of Foundation to Strengthen Turkish Armed Forces (TSKGV) which is the founding and improving locomotive of Turkish Defense Industry.
