All Turkish Airlines articles – Page 4
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NewsTurkish Airlines Q1 profit jumps on strong cargo and recovering demand
Turkish Airlines posted an improved profit for the first three months of 2022, driven by a continued strong performance in cargo and higher demand as Covid travel restrictions eased further.
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NewsTurkish Airlines returns to profit despite lagging passenger revenues
Turkish Airlines generated a full-year net profit of $959 million for 2021, sharply reversing the net loss of $836 million for the previous year and exceeding pre-crisis performance. International passenger revenues were $5.5 billion, down 44% on pre-crisis levels, while domestic revenues, which make a much smaller contribution, were down ...
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NewsFormer Turkish Airlines chairman to head revamped Air India
Air India’s new owners Tata Sons has appointed former Turkish Airlines chairman Ilker Ayci as the carrier’s new chief executive and managing director.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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Airline BusinessWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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Airline BusinessHow Max Kownatzki led SunExpress back to profit and on to 737 Max-driven growth
Despite having had little time to settle at SunExpress before Covid-19 arrived, Max Kownatzki has ensured the Turkish leisure carrier is raring to go as the crisis abates
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NewsTurkish Airlines and Air Lease trim passenger A350 orders
Turkish Airlines and US lessor Air Lease each appear to have trimmed their commitments to the passenger Airbus A350, the airframer’s full-year backlog figures show. The Turkish flag-carrier has cut three A350-900s from its backlog, reducing the number to 20. Air Lease has also dropped a pair of A350-900s as ...
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Airline BusinessHow far through the crisis are Europe’s biggest airlines?
For European airlines, momentum had been growing across the year, in line with the successful roll-out of vaccination programmes. European short-haul travel began opening up in the summer with the lifting of quarantine requirements for fully vaccinated travellers. That notably stepped up in the second half of the summer and into an extended shoulder season for leisure travel.
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NewsCargo lift helps Turkish Airlines top pre-crisis profits in third quarter
Turkish Airlines profits outstripped pre-crisis levels in the third quarter as the carrier benefited from a strong cargo performance.
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NewsEurocontrol data highlights slower recovery for UK airlines
UK-based carriers are recovering more slowly from the Covid-19 pandemic than their European contemporaries thanks to travel restrictions that were in place for longer, according to Eurocontrol data.
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Airline BusinessWhich commercial airlines served Kabul before the Taliban advance?
The chaos surrounding operations at Hamid Karzai International airport in recent days affects a number of international operators, including Emirates and Turkish Airlines.
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NewsTurkish Airlines reports second-quarter operating profit as cargo revenue soars
Soaring cargo revenue helped Turkish Airlines record an operating profit at group level for the second quarter of this year, amid signs that passenger traffic will soon begin a sustained recovery.
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NewsUS export bank backs Turkish Airlines’ $833m purchase of Boeing jets
The USA’s export-credit agency has agreed to guarantee $833 million in financing for the acquisition by Turkish Airlines of an undisclosed number of Boeing 737 Max and 787s.
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NewsFlight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
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NewsTurkish A330 strayed to runway shoulder after roll input before touchdown
Investigators have determined that right roll inputs just before touchdown caused a Turkish Airlines Airbus A330-300 to land to the right of the centreline at Port Harcourt and stray to the runway shoulder, damaging lighting as well as parts of the aircraft. The aircraft (TC-LOL) had been arriving from Istanbul ...
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NewsTurkish Airlines heavily reduces first-quarter losses
Turkish Airlines managed to contain first-quarter operating losses to $72 million, a substantial improvement on the $300 million loss for the same period last year. The airline even generated a $61 million net profit for the first three months. Turkish Airlines’ revenues for the quarter remained down by 29% at ...
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NewsTurkish Airlines posts $836m net loss for 2020 despite freight boost
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836 million for the full-year.
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Airline BusinessHow many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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NewsTurkish 737-800 badly damaged after crew botched crabbed landing
Ukrainian investigators have concluded that a Turkish Airlines Boeing 737-800 crew used an inadvisable technique to land during a strong crosswind, failing to maintain directional control before an excursion which badly damaged the aircraft. The aircraft (TC-JGZ) had been conducting an ILS approach to Odessa’s runway 16 on 21 November ...
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NewsTurkish A350s quietly begin operations as crisis saps profits
Turkish Airlines has been operating its newly-delivered initial pair of Airbus A350-900s on domestic routes, but has yet to confirm a schedule for the remaining aircraft. The airline had 25 A350s on order but, while it had been intending to take five this year, the carrier has not detailed the ...