North Cyprus Airlines
Encyclopedia
North Cyprus Airlines was founded by the Turkish Cypriot government of the de facto
Turkish Republic of Northern Cyprus
(TRNC) shortly after the bankruptcy of Cyprus Turkish Airlines in June 2010.
According to Turkish Cypriot authorities, 60% of all shares will belong to the private sector and 30% will be owned publicly. In accordance with an agreement with the national flag carrier
airline
of Turkey
, Turkish Airlines
will own the remaining 10% of shares in the newly established North Cyprus Airlines and will be responsible for supplying new fleet to the airliner.
KKHY will start operations with an initial $15,000,000 budget and as an affiliate member of the Star Alliance
group.
Scheduled flights will be operated from Ercan International Airport, Northern Cyprus and will fly to an apparent 11 destinations globally, including Turkey
and the United Kingdom
as well as several other destinations in Western and Northern Europe
.
Orhan Sivrikaya became the first CEO of North Cyprus Airlines.
KKHY will lease 3 aircraft for 2011 and one more is expected to join its fleet the next year (possibly a Boeing 737
series).
At this stage very little else is known about the airline carrier since it is still in its structuring stage by the Turkish Cypriot authorities. It is hoped that the NCA will start flights by the end of March although this remains an unrealistic prospect.
De facto
De facto is a Latin expression that means "concerning fact." In law, it often means "in practice but not necessarily ordained by law" or "in practice or actuality, but not officially established." It is commonly used in contrast to de jure when referring to matters of law, governance, or...
Turkish Republic of Northern Cyprus
Turkish Republic of Northern Cyprus
Northern Cyprus or North Cyprus , officially the Turkish Republic of Northern Cyprus , is a self-declared state that comprises the northeastern part of the island of Cyprus...
(TRNC) shortly after the bankruptcy of Cyprus Turkish Airlines in June 2010.
According to Turkish Cypriot authorities, 60% of all shares will belong to the private sector and 30% will be owned publicly. In accordance with an agreement with the national flag carrier
Flag carrier
A flag carrier is a transportation company, such as an airline or shipping company, that, being locally registered in a given country, enjoys preferential rights or privileges, accorded by the government, for international operations. It may be a state-run, state-owned or private but...
airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
of Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
, Turkish Airlines
Turkish Airlines
Turkish Airlines is the national flag carrier airline of Turkey, headquartered in the Turkish Airlines General Management Building on the grounds of Atatürk Airport in Yeşilköy, Bakirköy district, Istanbul...
will own the remaining 10% of shares in the newly established North Cyprus Airlines and will be responsible for supplying new fleet to the airliner.
KKHY will start operations with an initial $15,000,000 budget and as an affiliate member of the Star Alliance
Star Alliance
Star Alliance is the world's first and largest airline alliance, headquartered in Frankfurt am Main, Germany . The alliance was founded in 1997 by five of the world's leading airlines: Air Canada, Lufthansa, Scandinavian Airlines, Thai Airways International and United Airlines...
group.
Scheduled flights will be operated from Ercan International Airport, Northern Cyprus and will fly to an apparent 11 destinations globally, including Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
and the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
as well as several other destinations in Western and Northern Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
.
Orhan Sivrikaya became the first CEO of North Cyprus Airlines.
KKHY will lease 3 aircraft for 2011 and one more is expected to join its fleet the next year (possibly a Boeing 737
Boeing 737
The Boeing 737 is a short- to medium-range, twin-engine narrow-body jet airliner. Originally developed as a shorter, lower-cost twin-engine airliner derived from Boeing's 707 and 727, the 737 has developed into a family of nine passenger models with a capacity of 85 to 215 passengers...
series).
At this stage very little else is known about the airline carrier since it is still in its structuring stage by the Turkish Cypriot authorities. It is hoped that the NCA will start flights by the end of March although this remains an unrealistic prospect.