Turk Hava Yollari AO (TKHVY) reports robust financial performance with increased passenger numbers and revenue, despite facing geopolitical tensions and rising fuel costs.

With just a week left in 2025, the string of small and mid-sized airlines having to file for bankruptcy is not yet over. Throughout the fall, Icelandic airline Play and Swedish airline Braathens Aviation both shut down operations in bankruptcy within a few weeks of each other, while flag carrier ...

With the economy still in a downturn, the second half of 2025 ended up dealing the final blow to a number of small and in some cases flag carrier airlines. In September 2025, Malmö-based Braathens Aviation filed for bankruptcy in Swedish court over "financial challenges" and a "lack ...

LUV teams up with Turkish Airlines to offer one-ticket transatlantic travel in 2026, expanding global reach through partnerships without flying long-haul routes.

As many countries around the world face an economic downturn, a number of holiday, regional and even national airlines have all had to file for bankruptcy and close down operations. Since December 7, flag carrier Air Albania has not operated any flights after main investor Turkish Airlines ...

Despite challenges in cargo revenue and geopolitical tensions, Turk Hava Yollari AO (TKHVY) reports robust passenger growth and strategic advancements in fleet and route expansion.

While low-cost airlines like Play and Braathens were among several carriers that abruptly shut down operations in bankruptcy over the last two months, the case of Turkish low-cost carrier Onur Air dates back almost five years. The budget carrier was founded out of Istanbul in 1992 and quickly grew ...

ISTANBUL (Reuters) -Turkish Airlines has reached an agreement with GE Aerospace to procure engines, spare engines, and engine maintenance services for 75 B787 planes that it is buying from Boeing, the

Boeing reported a third quarter revenue beat, and an improving cash flow burn rate before the bell on Wednesday, as CEO Kelly Ortberg's turnaround of the troubled aviation giant rolled on.