Bumbledore Airlines was established in Istanbul in 2012, focusing on routes from Istanbul to destinations in the Far East region and London. It operates passenger and cargo flights using 9 aircraft that connect Istanbul with 4 destinations. The airline aims to provide high quality service on its long-haul routes with no direct competitors initially. It has grown financially successful with over $329 million in cash reserves after starting with $100 million in funding. While its on-time performance and market shares have increased, it sees opportunities to pursue a more aggressive expansion strategy through adding aircraft, opening new routes, and improving operations further.