The Spanish government has approved the foreign investment by Turkish Airlines in Air Europa, Turkish said on June 5 in an update to investors. Other application procedures continue, but Turkish is optimistic about closing the transaction later this year. Turkish…
Turkish Airlines has greatly benefited from the Middle East war and the massive capacity reductions of the Gulf carriers. Transit traffic via the Istanbul hub was up by 10 percent in the first quarter, passenger traffic to Asia by even…
On Thursday, Turkish Airlines’ shareholders approved a sweeping management change that sees Chairman Ahmet Bolat replaced by Chief Financial Officer, Murat Seker. Chief Executive Officer Bilal Eksi has also stepped down and has been succeeded by Ahmet Olmustur. Turkish media…
Turkish Airlines has experienced a challenging 2025, shaped by aircraft delivery delays, capacity constraints from grounded aircraft, and regional conflicts. Yet, the airline is quite happy with the financial results, but recent tensions in the Gulf region are causing uncertainties…
It has been an excellent week for Boeing. Boeing and Turkish Airlines announced a firm order for up to 75 787s, the flag carrier’s largest ever Boeing widebody purchase. The deal includes 35 of the 787-9, 15 of the larger…
The world watched with interest as US President Donald Trump labored to repeatedly assert that he deserved credit for averting a potential nuclear war between India and Pakistan last week. While the de-escalation was certainly a relief for many, notably…