Company Insights Turkish Airlines Aviation Turkish Airlines News Agriculture Cut flowers are a growth industry for Turkey February is the busiest month for Turkey’s cut flower exporters, as Valentine’s Day on the 14th of the month results in 70 million or more blooms being shipped to markets across the continent. Revenue of between $8 million and $10 million is expected, and with International Women’s Day following close behind on March 8, increased […] February 14, 2025 Aviation Turkish Airlines carries 83m passengers in 2024 State-owned Turkish Airlines flew 83.4 million passengers in 2024, up 2 percent annually, driven by its global expansion drive. The flag carrier served 31.7 million international passengers, an increase of 6.4 percent year on year, as the number of destinations rose 4 percent annually to 352. Overall, the load factor fell by 0.4 percentage points […] January 10, 2025 Aviation Turkish Airlines profit falls despite revenue rising 8% Revenue at Turkish Airlines rose 8 percent year on year in the first nine months of 2024 to $17 billion, driven by increased passenger numbers. The airline flew 65 million passengers from January to September, rising 2 percent annually, according to its latest investor presentation. Passenger revenue climbed 3 percent year on year to $14 billion, […] November 5, 2024 Opinion Logistics Conflict will severely disrupt Middle East logistics Air cargo is particularly hard hit by escalating conflict in the Middle East October 3, 2024 Markets Economic woes force investors to dump Turkish stocks The Borsa Istanbul was the worst performing stock exchange globally in August, with investors large and small heading for the exit as Turkey’s economy slows and returns wither. After hitting an all-time high of 11,173 points on July 22, the exchange’s key BIST100 index has dropped steadily. It fell 13 percent to 9,724 at one […] August 30, 2024 Markets Turkey transfers shares in 12 companies to its wealth fund The Turkish government has transferred treasury shares of 12 companies to the state-run Turkey Wealth Fund (TWF), according to a presidential decree published in the official gazette. Among these companies are Borsa Istanbul-listed Koza Altin Isletmeleri, Koza Anadolu Metal Madencilik Isletmeleri and Ipek Dogal Enerji Kaynaklari Arastirma, the decree said. However, no details on the […] August 20, 2024 Aviation Price talks rumble on between Turkish Airlines and Boeing Turkish Airlines will not announce a deal with Boeing at the Farnborough Airshow this week as negotiations over the engine price continue, chairman Ahmet Bolat has said. “We are not going to announce anything in Farnborough,” he said, adding talks were being held with engine supplier GE on Monday. “I think we are close, but the […] July 23, 2024 Analysis Aviation Middle East airlines in race to recruit as pilot shortage bites A shortage of pilots is threatening the ambitions of the Middle East’s growing aviation industry, analysts have warned, forcing airlines to bolster their recruitment efforts. The global industry will be short nearly 80,000 pilots by 2032, according to management consultancy Oliver Wyman. The Middle East is projected to account for up to 18,000 of that […] July 4, 2024 Aviation Turkish Airlines says engine issues delaying Boeing order Turkish Airlines is in talks with US planemaker Boeing for a potential order of 225 jets, but any deal rests on engine pricing negotiations, chairman Ahmet Bolat has said. The potential order is for 150 737 Max narrowbody jets and 75 wide-body 787s, Reuters reported, quoting Bolat at the International Air Transport Association’s annual meeting […] June 5, 2024 Aviation Turkish Airlines revenue rises 10% to nearly $5bn Revenue at Turkey’s national carrier Turkish Airlines rose 10 percent year on year in the first quarter of 2024 to $4.8 billion, driven by growing passenger numbers. Turkish Airlines flew 18.5 million passengers from January to March, up 8.4 percent annually, it said in its latest investor presentation. Passenger revenue climbed 5 percent year on year […] May 23, 2024 Posts navigation Previous 1 2 3 4 Next
Agriculture Cut flowers are a growth industry for Turkey February is the busiest month for Turkey’s cut flower exporters, as Valentine’s Day on the 14th of the month results in 70 million or more blooms being shipped to markets across the continent. Revenue of between $8 million and $10 million is expected, and with International Women’s Day following close behind on March 8, increased […] February 14, 2025
Aviation Turkish Airlines carries 83m passengers in 2024 State-owned Turkish Airlines flew 83.4 million passengers in 2024, up 2 percent annually, driven by its global expansion drive. The flag carrier served 31.7 million international passengers, an increase of 6.4 percent year on year, as the number of destinations rose 4 percent annually to 352. Overall, the load factor fell by 0.4 percentage points […] January 10, 2025
Aviation Turkish Airlines profit falls despite revenue rising 8% Revenue at Turkish Airlines rose 8 percent year on year in the first nine months of 2024 to $17 billion, driven by increased passenger numbers. The airline flew 65 million passengers from January to September, rising 2 percent annually, according to its latest investor presentation. Passenger revenue climbed 3 percent year on year to $14 billion, […] November 5, 2024
Opinion Logistics Conflict will severely disrupt Middle East logistics Air cargo is particularly hard hit by escalating conflict in the Middle East October 3, 2024
Markets Economic woes force investors to dump Turkish stocks The Borsa Istanbul was the worst performing stock exchange globally in August, with investors large and small heading for the exit as Turkey’s economy slows and returns wither. After hitting an all-time high of 11,173 points on July 22, the exchange’s key BIST100 index has dropped steadily. It fell 13 percent to 9,724 at one […] August 30, 2024
Markets Turkey transfers shares in 12 companies to its wealth fund The Turkish government has transferred treasury shares of 12 companies to the state-run Turkey Wealth Fund (TWF), according to a presidential decree published in the official gazette. Among these companies are Borsa Istanbul-listed Koza Altin Isletmeleri, Koza Anadolu Metal Madencilik Isletmeleri and Ipek Dogal Enerji Kaynaklari Arastirma, the decree said. However, no details on the […] August 20, 2024
Aviation Price talks rumble on between Turkish Airlines and Boeing Turkish Airlines will not announce a deal with Boeing at the Farnborough Airshow this week as negotiations over the engine price continue, chairman Ahmet Bolat has said. “We are not going to announce anything in Farnborough,” he said, adding talks were being held with engine supplier GE on Monday. “I think we are close, but the […] July 23, 2024
Analysis Aviation Middle East airlines in race to recruit as pilot shortage bites A shortage of pilots is threatening the ambitions of the Middle East’s growing aviation industry, analysts have warned, forcing airlines to bolster their recruitment efforts. The global industry will be short nearly 80,000 pilots by 2032, according to management consultancy Oliver Wyman. The Middle East is projected to account for up to 18,000 of that […] July 4, 2024
Aviation Turkish Airlines says engine issues delaying Boeing order Turkish Airlines is in talks with US planemaker Boeing for a potential order of 225 jets, but any deal rests on engine pricing negotiations, chairman Ahmet Bolat has said. The potential order is for 150 737 Max narrowbody jets and 75 wide-body 787s, Reuters reported, quoting Bolat at the International Air Transport Association’s annual meeting […] June 5, 2024
Aviation Turkish Airlines revenue rises 10% to nearly $5bn Revenue at Turkey’s national carrier Turkish Airlines rose 10 percent year on year in the first quarter of 2024 to $4.8 billion, driven by growing passenger numbers. Turkish Airlines flew 18.5 million passengers from January to March, up 8.4 percent annually, it said in its latest investor presentation. Passenger revenue climbed 5 percent year on year […] May 23, 2024
