News from THY - Turkish Airlines

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hakan
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Re: News from THY - Turkish Airlines

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Based on fleet availability, THY will start Istanbul Ataturk-Phuket (Thailand) flights according to the Board of THY.

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sn26567
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Re: News from THY - Turkish Airlines

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Turkish Airlines plans to start flights to Zimbabwe by end 2016 or early 2017.
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Re: News from THY - Turkish Airlines

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Turkish Airlines has cancelled planned service launch to Conakry in Guinea, previously scheduled to begin on 05SEP16. The airline originally scheduled 2 weekly Istanbul Ataturk – Ouagadougou – Conakry operation, with following schedule.

Source: Airline Route
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hakan
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Re: News from THY - Turkish Airlines

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THY has announced that they intend to start scheduled flights to Zanzibar (Tanzania) based on fleet availability and gaining the necessary permits.

Meanwhile DHMI that the authority oversees the airports and pax numbers have told the media that the pax numbers have dropped by 16,1% during the recent events. But the overflight traffic has increased by 5,4% compare to the last year.

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Re: News from THY - Turkish Airlines

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THY will commence direct flights to Havana, Cuba, on December 10, 2016.
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Re: News from THY - Turkish Airlines

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Turkish Airlines posts 1H net loss of $644M

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 series of terrorist bombings in Turkey, which depressed yields further due to decreased local demand, Turkish Airlines reported in its consolidated balance sheet statement.

Source: ATWonline

I would add that the political situation does not encourage visits to the country, or even a transit through IST...
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hakan
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Re: News from THY - Turkish Airlines

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Turkish Airlines spokesperson told media that THY has broken a transit pax record recently:

A TK flight from New York to Istanbul Ataturk on 12.October had total of 350 pax on board. Out of 350 pax they had 308 transit pax. Since the tourist numbers visiting Turkey dropped they are heavily promoting transit flights through IST. Pax percentage until October was 54% and these days the number is around 60%.

http://www.airkule.com/haber/THY-TRANSI ... IYOR/25052

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Re: News from THY - Turkish Airlines

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On 20th October 2016, Temel Kotil, since 2005 CEO of Türkish Airlines, has been replaced by Bilal Ekşi, previously chief of Turkey's Civil Aviation Authority. Kotil now is CEO of TAI, Turkish Aerospace Industries.

http://www.hurriyetdailynews.com/turkis ... sCatID=345

http://zakenreis.nl/luchtvaart/kotil-we ... -airlines/

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Re: News from THY - Turkish Airlines

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Turkish Airlines to begin operating flights from Istanbul to Zanzibar on 12 December 2016.
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Re: News from THY - Turkish Airlines

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TK have leased a 747-400F from My Cargo for six months.

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Re: News from THY - Turkish Airlines

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TK route cuts for winter schedule, many seasonal ones will not be resumed, Osaka also goes in January.

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sn26567
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Re: News from THY - Turkish Airlines

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Turkish Airlines reports sales revenue down 6.1% to US$7.5 billion and net loss of $463 million for first nine months of 2016 (vs. a profit of over $800 million in 2015), with cash and cash equivalents of US$1.3 billion. For 3Q, revenue fell 10.3% to $2.9 million and net income fell 60.9% to $184 million.

It looks like the recent events took a big toll on Turkish, when Pegasus (less tied to the Government) still shows a profit.
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Re: News from THY - Turkish Airlines

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sn26567 wrote:THY will commence direct flights to Havana, Cuba, on December 10, 2016.
Turkish Airlines today (18 November 2016) opens reservation for planned Caracas and Havana service, scheduled to commence on 20 December 2016.
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Re: News from THY - Turkish Airlines

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hakan wrote:Based on fleet availability, THY will start Istanbul Ataturk-Phuket (Thailand) flights according to the Board of THY.

THY has announced the Phuket (Thailand) flight schedule. The flights will start on 17.July.2017 and the flights will be 4 times a week.

Meanwhile, THY wants to lease out 8 of A330 planes and they are talking to Cabot Aviation company for this project according to media reports today.

(updated 3/12/16 to read: "lease out" -my apologies)
Last edited by hakan on 03 Dec 2016, 00:28, edited 3 times in total.

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Re: News from THY - Turkish Airlines

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sn26567 wrote:Turkish Airlines reports sales revenue down 6.1% to US$7.5 billion and net loss of $463 million for first nine months of 2016 (vs. a profit of over $800 million in 2015).
Turkish Airlines has taken eight Airbus A330-200s out of service as part of a sublease plan to cut costs following a net loss of $463 million in the first nine months of 2016, reversed from a net profit of $877 in the year-ago period.

The losses were a result of weakening demand across its network and economic instability because of geopolitical events in Turkey and the region.
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Re: News from THY - Turkish Airlines

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Turkish Airlines purchased a VIP A340, serial 902, originally intended for Tunisia’s toppled president Zine El Abidine Ben Ali.

Turkish Airlines to launch service from Istanbul to Mostar via Sarajevo in summer 2017.

United Airlines resumed its codeshare with Turkish Airlines on 28 November 2016, with its UA code once again displayed on its intra-European sector, operated by THY.
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Re: News from THY - Turkish Airlines

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Turkish Airlines is starting daily Istanbul Ataturk-Kharkiv (Ukraine) flights from March 2017.

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sn26567
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Re: News from THY - Turkish Airlines

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hakan wrote:Turkish Airlines is starting daily Istanbul Ataturk-Kharkiv (Ukraine) flights from March 2017.
4 times a week from 30MAR17, daily from 30MAY17. (Source: Airline Route)
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Re: News from THY - Turkish Airlines

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TK are phasing out some A319 from fleet.

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Re: News from THY - Turkish Airlines

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Turkish Airlines cancels plans to start service from Luxembourg to New York.
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