Turkish Airlines has released its August 2025 traffic results, highlighting strong growth across both passenger and cargo operations. The airline carried over 9 million passengers during the month, representing a 12.8% year-on-year increase, while the passenger load factor rose to 86.2%, up from 85.2% in August 2024.
Turkish Airlines (THY) has announced plans to increase frequencies on its Istanbul–Moscow route in response to growing demand during the upcoming winter season. Beginning October 26, the carrier will expand its schedule from six daily flights to seven daily flights, enhancing connectivity between the two cities.
Icelandair, the flag carrier of Iceland, has officially launched scheduled services between Reykjavik/Keflavik (KEF)and Istanbul Airport (İGA). The first inbound flight landed in Istanbul yesterday, and today the airline is set to operate its inaugural outbound service on the route under flight number FI901, connecting Istanbul with Reykjavik. The operation is being flown with a Boeing 737 MAX 8 aircraft registered as TF-ICJ.
Uzbekistan Airports (#Uzairports), the state-owned operator of all airports in Uzbekistan, has received its first international credit rating from Fitch Ratings, which assigned a ‘BB’ Long-Term Issuer Default Rating (IDR) with a stable outlook. The rating is equalized with that of the Republic of Uzbekistan, its ultimate parent, and highlights the company’s pivotal role in the country’s aviation and economic development…
Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star…
Air Albania is facing a severe financial crisis that has brought the country’s national carrier to the edge of bankruptcy. According to local media reports, the airline has failed to pay employee salaries for months, neglected to deposit social security contributions, and continues selling tickets despite mounting operational and financial troubles. Numerous flights have been cancelled…
Turkish Airlines (THY) has announced a net profit of $650 million for the first half of 2025, marking a sharp decline from the $1.169 billion profit posted during the same period in 2024. The drop in profitability was primarily attributed to rising financing expenses and foreign exchange losses, which significantly impacted the bottom line.
Turkish Airlines is in the final stages of taking delivery of a brand-new Airbus A321neo, as it continues to expand and modernize its narrowbody fleet. The incoming aircraft carries the manufacturer serial number (MSN) 12775 and will be registered as TC-LPS upon entry into service.
AJet, the Turkish low-cost carrier and subsidiary of Turkish Airlines, will inaugurate direct flights between Istanbul and Aleppo on August 2, 2025. This move marks another milestone in the airline’s expansion into Syria, building on its growing network across the region.
Turkish Airlines, the world’s leading carrier by number of countries served, has successfully executed a new Islamic finance transaction for the acquisition of an Airbus A350. The deal, denominated in Swiss Francs (CHF), was signed with Dubai Islamic Bank (DIB)—the world’s first Islamic bank and the UAE’s largest Shariah-compliant financial institution.
