Turkish Airlines (TK, Istanbul Airport) has spun off its low-cost carrier division AnadoluJet (Ankara Esenboga) into a new wholly-owned subsidiary, AJet Hava Taşımacılığı Anonim Şirketi (English: AJet Air Transport Joint Stock Company).

The airline said in a stock market disclosure that the new company was incorporated on July 14, 2023, with an initial paid-up capital of TRY450 million Turkish liras (USD17.2 million), and will continue operating as an LCC. It did not respond to ch-aviation's request for comment on whether the current AnadoluJet brand will be retained or replaced by AJet.

The step is a part of the ongoing process of spinning AnadoluJet off into a stand-alone carrier. Until now, the LCC division was a part of Turkish Airlines' corporate structure. It still has no own AOC, although plans are afoot to obtain it.

The ch-aviation fleets module shows that AnadoluJet's rapidly growing in-house fleet comprises four A320-200Ns, twelve A321-200NX, seven B737-8s, and forty-six B737-800s.