Tag: Turkish Airlines

Turkish Airlines To Order 40 787-9 Dreamliners

Reading Time: 2 minutes Turkish Airlines has announced an $11 billion dollar order for 40 Boeing 787-9 Dreamliners. “The 787 Dreamliner is the most technologically advanced airplane in the world,” said M. İlker Aycı, chairman of the board and the executive committee, Turkish Airlines. Our intent to purchase these Dreamliners is to meet the demand for wide-body airplanes at […]

Middle Eastern Carriers Flock To Africa To Boost Profits

Reading Time: 2 minutes In five years, Turkish Airlines has nearly tripled the number of destinations it flies to in Africa. But the ‘Eurasian’ carrier, operating out of Istanbul on the edge of the Middle East, isn’t the only carrier in the region looking to find gold on the continent. By the end of October, Flydubai, will operate 14 […]

Turkish Airlines Looking At Equity Investments In Asia

Reading Time: < 1 minute Turkish Airlines chief is looking at buying stakes in airlines across India, China and the US. Speaking to reporters last month, the airline’s CEO Ilker Ayci mentioned he is looking at investing in equity stakes in airlines as a way to offset potential shocks from growing protectionism. “We have grown organically so far, but politicians […]

Turkish Airlines A321 Overran Runway On Landing In Bucharest

Reading Time: < 1 minute Turkish Airlines Airbus A321 performing flight TK-1045 from Istanbul to Bucharest Otopeni with 176 people on board, landed on Otopeni’s runway 26R but overran the displaced end of the runway by about 50 meters before coming to a stop. There were no injuries, the aircraft sustained minor if any damage, one temporary runway end/threshold light […]

Turkish Airlines Posts First Loss In 17 Years

Reading Time: < 1 minute Turkish Airlines became the latest Middle East carrier to report a fall in fortunes this year, reporting a $350 million operating loss for the year. The figure compares with a $682 million profit figure in 2015 which suffered due to terrorism and a tenuous political environment in Turkey which led to the lowest traffic figures […]

Turkish Airlines
Turkish Airlines Stores 30 Aircraft Amid Weaker Demand and Coup Attempt

Reading Time: < 1 minute Turkey’s flagship carrier Turkish Airlines will store 30 aircraft due to weaker economic demand, recent terror attacks and a failed coup attempt. A total of 15 Turkish Airlines aircraft will be stored at Antalya Airport (THY), website Airporthaber reports. 13 Airbus A330 and 2 Boeing 737-800. 4 Airbus A320 are currently parked at Ankara airport. […]

Turkish Airlines Posts 9-Month $463 Million Net Loss

Reading Time: 2 minutes Istanbul-based Turkish Airlines reported a nine-month 2016 net loss of $463 million, reversed from a net profit of $877 million in the year-ago period. According to the report, revenues for the nine-month period decreased 6.1% to $7.6 billion; operating loss for the period was $154 million, reversed from an operating profit of $894 million last […]

Etihad Strengthens African Connections

Reading Time: < 1 minute United Arab Emirates flag carrier Etihad Airways has increased links to Africa with the signing of a codeshare agreement with South African low-cost carrier (LCC) kulula. The codeshare, which becomes effective Oct. 30, will see Etihad placing its EY code on flights to several kulula services from Johannesburg to the South African cities of Cape […]

Turkish Airlines Defers 39 A321neo & 737 MAX Deliveries

Reading Time: < 1 minute Istanbul-based Turkish Airlines will defer 39 narrowbody deliveries from a 167-strong Airbus and Boeing aircraft order because of decreased demand resulting from a series of terrorist bombings and other economic challenges in Turkey. The Star Alliance member reported to the Borsa Istanbul stock exchange Oct. 7 that it has decided to reschedule deliveries of some […]

Turkish Airlines Posts 1H Net Loss of $644M

Reading Time: 2 minutes Turkish Airlines recorded a net loss of 1.894 million lira ($644 million) for the first half-year ended June 30, compared to a profit of 1.035 million lira for the same period a year ago. The Star Alliance member had experienced “challenging conditions” in the tourism sector, including a series of terrorist bombings in Turkey, which […]