Old Aviation News

Turkish discloses network expansion plans…

In its latest quarterly financial update, the Turkish flag carrier names Abhar in Iran, Aswan and Luxor in Egypt, Krakow in Poland, La Coruna in Spain, Lankeran in Azerbaijan, Angolan capital Luanda, Makhachkala in Russia, and Seychelles as destinations it foresees joining its network.

However, the Star Alliance member also notes that yields have decreased on “newly opened long-haul routes”, attributing this to the stage-length effect. (See: TURKEY ORDERED FIRST 2 F-35)

Turkish also indicates that it plans to reduce frequencies and aircraft size on unspecified “demand-challenged routes”.

Kokpit Aero – 23/08/2016

Second-quarter loss deepens for Turkey’s Pegasus

pegasus aviatoin
Pegasus Airlines

The figure rose to TL79.5 million ($27.1 million) from TL37 million in the same period last year.

For the first half, the operating loss totalled TL285 million, up from TL48 million in the six months ended 30 June 2015.

Second-quarter revenue declined from TL834 million to TL798 million, but across the first half sales were up 5% at TL1.49 billion.

In the first seven months of the year, the airline adds, passenger numbers rose 8.8% to reach 13.46 million, of whom 4.84 million were travelling on international routes. (See: RUSSIA STARTED DELIVERY OF S-400’S TO TURKEY)

Kokpit Aero – 23/08/2016

SunExpress exercises Max options

SunExpress is exercising 10 options on Boeing 737 Max 8 narrowbodies.

Boeing has disclosed the decision by the leisure carrier, which is jointly owned by Lufthansa and Turkish Airlines. Two years ago, SunExpress placed 40 firm orders for current-generation and re-engined 737s, taking 10 options.

The firm orders included 25 737-800s, with the balance covering Max 8s. SunExpress’s German arm says all the aircraft are being delivered to its Turkish sibling.

The airline took delivery of five 737-800s in 2015 and is set to receive seven more this year. Deliveries under the original order agreement will run through 2021.

Kokpit Aero – 23/02/2016

Defence and Aerospace

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