All Turkish Airlines articles
-
NewsTurkish Airlines full-year traffic shows geographically patchy recovery
Turkish Airlines’ passenger traffic and capacity for last year both exceeded pre-crisis figures, but the recovery process has been geographically patchy. The airline transported 71.8 million passengers – still 3% down on the 2019 full-year level – but nevertheless recorded a 6.2% rise in revenue passenger traffic, following a 7.5% ...
-
Analysis
Airline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world
-
News
A330 wing-tip carved into protruding tail after crew tried to skirt round 777
Nigerian investigators have determined that a Middle East Airlines Airbus A330-200 crew vainly attempted to skirt round an incorrectly-parked Boeing 777-300ER, instead of stopping and requesting guidance, before the two aircraft collided. The Turkish Airlines 777 had not been moved to the correct gate position at Lagos, and was left ...
-
In depth
How far through recovery are European airlines?
A carrier-by-carrier guide to the progress European airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
-
In depth
The Airline Business 38: Europe key data indicators from Q3
Key data from the third-quarter earnings season (unless otherwise stated), powered by The Airline Business 38, covering the July-September period for the years 2019-2022 and thereby encompassing the last pre-Covid data and progress since
-
In depth
Has air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
-
News
Turkish Airlines reports Q3 net profit of $1.5bn as passenger revenue surges
Turkish Airlines has reported a net profit of $1.5 billion for the third quarter of 2022, as capacity, traffic and yields – as well as costs – surged beyond pre-Covid levels.
-
News
Turkish Airlines boosts first half profits on strong passenger returns
A strong second quarter helped Turkish Airlines post an operating profit of $786 million for the first half of the year on a near doubling in revenues compared with the same period last year.
-
News
Turkish Airlines inks co-operation deal with Vietnam Airlines
Turkish Airlines has signed a memorandum of understanding to co-operate with Vietnam Airlines, initially focusing on cargo.
-
Interview
Turkish Airlines fast-tracks return to growth path
Turkish Airlines chairman Ahmet Bolat believes that retaining staff and its strong financial performance through the pandemic has been key to enabling to return to growth as the Istanbul carrier has already passed pre-crisis activity levels.vels.
-
News
Turkish A350 agreement becomes highlight of Airbus activity in May
Turkish Airlines provided the highlight for Airbus orders during May, following through on its indication that it would take additional A350s. The airframer has recorded an order for four A350-900s from the carrier, in a month of relatively little activity. Turkish Airlines had signalled in May that it would commit ...
-
News
Turkish Airlines agrees to purchase six A350s
Turkish Airlines has disclosed that it intends to purchase six Airbus A350-900s, which will be delivered over the course of this year and next. The airline has not elaborated on the decision, which it confirmed to the Istanbul stock exchange. Turkish Airlines has 20 A350-900s on direct order of which ...
-
News
Turkish 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.
-
News
Turkish 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 ...
-
News
Former 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.
-
News
Busy 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.
-
Analysis
Why 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.
-
Interview
How 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
-
News
Turkish 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 ...
-
In depth
How 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.
