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Europe Has a New Airline, Launched by a Prime Minister Himself

Sept. 15, 2018
3 min read
Turkish Airlines to establish joint venture in Albania
Europe Has a New Airline, Launched by a Prime Minister Himself
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Europe has a new airline, one deemed so important for its country that the Prime Minister in person showed up at the inaugural ceremony on Friday.

It's Air Albania, the new flag carrier of the nation just across the Adriatic Sea from Italy, where air traffic has grown by a huge 13.4% in the first half of this year — but with only a tiny Albanian-owned airline, Albawings. All other airlines serving this booming market of almost 3 million people, and a candidate for membership in the European Union, are based somewhere else. The previous Albanian flag carrier, Albanian Airlines, had folded in 2011.

Enter Turkish Airlines, which has made a strategic long-term investment in Albania, according to prime minister Edi Rama, who spoke at the Mother Teresa airport in Tirana (TIA) to welcome the airline's first airplane.

Turkish news site Daily Sabah reports that Turkish Airlines owns 49% of the airline's $30 million capital, with the rest held by Albanian investors. The decision to expand into Albania's air transport market might have come from Turkish president Recep Tayyip Erdoğan himself: "We could not be here without the initiative and generous support of Erdoğan," Rama said according to Daily Sabah.

Turkish Airlines board member Mithat Görkem Aksoy added, speaking at the ceremony, that "we will make much bigger investments in Albania."

It's not yet clear whether passengers will be able to collect Turkish Airlines' Miles & Smiles currency on Air Albania. Its first destinations will be in nearby Balkan countries. It's safe to predict that route expansion will target the places where most Albanians go: Italy, where a vast Albanian diaspora spread after the 1991 opening of the borders with the fall of Communism; London, another city where many Albanians live and work; and Istanbul, the home base of Turkish Airlines.

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Albanian Prime Minister Edi Rama speaks during the inuaugural  ceremony of the newly established Air Albania. (Photo by Olsi Shehu/Anadolu Agency/Getty Images)

Turkish also provided Air Albania's only aircraft, an 11-year old Airbus A319 taken from its own fleet.

Press photos from the inauguration show an A319 bearing the Turkish registration TC-JLR. A check of flight tracking site Flightradar24 indicates that it stopped flying for Turkish in late August and was flown to Tirana on September 14.

With the current economic crisis in Turkey coupled with the expected arrival of dozens of new single-aisle aircraft from this year until 2022, Turkish Airlines might soon find itself with some spare capacity, and therefore with airplanes to spare for its new Albanian partner.

Featured image by Getty Images

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Apply for American Express® Gold Card
at American Express's secure site
Terms & restrictions apply. See rates & fees
Best for dining at restaurants
TPG Editor‘s Rating
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Rewards Rate

4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4XEarn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
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1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.