Turkish Airlines (THY) has broken a tough record to break by offering flights to 91 different countries. Announcing that Turkish Airlines has now taken on the title of being the airline that flies to the highest number of countries in the world, THY Executive Board Chairman Hamdi Topçu says, "We recently added Mauritania to our list of destinations, which means we have now almost reached half of the entire world. " Topçu explains that Turkish Airlines flies to a total 204 destinations in 91 countries on five continents, and states, "we therefore decided to film a commercial that would depict this."
WE HAVE BECOME A NATIONAL PRIDE
Topçu recalls that it was quite emotional when they filmed the advertisement with native instruments from all over the world, spanning from China to Brazil, the Arab Desert to the streets of India playing the National Anthem. "We want to have the entire world hear our National Anthem played with different instruments from all over the world."
Explaining how much attention they drew in during filming, Topçu says, "This advertisement shows that we are an international brand and that we have a national pride which encompasses differing cultures."
Topçu says that as for their title, Turkish Airlines is followed by Air France, which currently flies to 88 nations. "We want to seal the deal by adding an additional 10 to 12 destinations by the end of the year. We don't want to leave anywhere in the world unflown to," states Topçu.
Turkish Airlines won the Skytrax award for Europe's Best Airline for a third time and was also given two other awards.
English investors have not paid heed to the coverage in the international media painting a negative portrait of Turkey during the Gezi Park protests and continue to keep the country on its radar for investments.
Turkey has become the fastest growing nation for luxurious automobile brands. While luxurious brands experienced seven percent growth globally in the first five months of the year, in Turkey the rate of growth has reached the 100 percentile level.
While the English press continues to cover the Gezi Park protests to Turkey’s detriment, the British Prime Minister has praised Turkey’s ‘stability.’ David Cameron says “we admire your economy.”
With the Central Bank’s deferred interest rate cut resulting in revitalizing domestic demand, Turkey’s economy experienced three percent growth in the first quarter of the year, sealing 14 quarters of continuous growth.
The Capital Markets Board has initiated an investigation into exits from the stock exchange by speculators, in a move which followed Erdoğan’s acknowledgement of attempts by the interest rate lobby to instigate a drop in the stock exchange. Should the Capitals Market Board establish a connection between financial exists and speculators sanctions may be enforced.
Çalık Holding has released a statement refuting claims made in reports by CNBC attempting to associate the group with redevelopment plans for Taksim’s Gezi Park.
Saudi Arabian businessman Ehsaan Fareed Abduljawad has purchased two towers in the Ağaoğlu Maslak 1453 project for 200 million dollars. “We trust in Turkey’s economy,” said the billionaire.
The speculative attack on the markets came to a halt following Prime Minister Erdoğan’s statement directed at the interest-rates lobby, “We will not let you consume the great efforts of our nation.” The dollar has since dropped and the stock exchange is back on a rising trend.
During the past five days there has been a polemic concerning the boycott of the Moroccan Business Confederation (CGEM) of a meeting between Turkish and Moroccan businessmen which took place during Erdoğan’s trip to Morocco on June 3rd. While the decision had nothing to do with the on-going protests in Istanbul and other cities, the real reason is proving to be an internal conflict between the CGEM and the Moroccan government.
The ‘economic’ demands set forth by the Taksim Platform, which spoke on behalf of the Gezi Park protesters in a meeting with Deputy Prime Minister Arınç on Wednesday, have resulted in a number of question marks. The main question being, why are they opposed to projects worth 120 billion such as the third bridge and airport, hydroelectric power plants and Canal Istanbul?
Tosyalı Holding opened a 750 million dollar steel-iron factory in Algeria in a ceremony attended by Prime Minister Recep Tayyip Erdoğan. Expected to rake in an annual one billion dollar revenue, the facility will also provide one thousand jobs.
The Occupy Wall Street movement did not pose a significant financial burden in the United States, whereas the financial burden brought on in Turkey from the Gezi Park protests is exponential.
It will now be required to place health warnings on the glass portions of water pipes, regularly referred to as ‘nargile’ in Turkey.