Turkish Airlines

Turkish Airlines (THY) and Pegasus Airlines have canceled their flights to Iran, Jordan, Iraq and Lebanon scheduled for late on April 13 and April 14 for security reasons in the wake of Iran's retaliatory missile strike against Israel.

In response to the increasing number of irregular migrants utilizing transit routes through Türkiye, a new electronic airport transit visa requirement has been introduced for citizens of 10 countries transiting to select Latin American destinations.

The total number of passengers Turkish Airlines carried in the first three months of 2024 has increased by 8.4 percent annually to 18.5 million.

The international passenger tally was up 6.7 percent from a year ago to more than 12 million, while domestic passengers rose by 12.8 percent to 4.49 million, the carrier said in a filing with Borsa Istanbul.

Türkiye's flag carrier Turkish Airlines reported a net income of more than $6 billion in 2023, marking a 121 percent increase from the previous year.

Total revenues rose by 13.7 percent last year compared with 2022 to reach $20.94 billion, while passenger revenue climbed 24 percent to $17.7 billion, according to the company's financials.

Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB).

This three-year term agreement marks the first Islamic finance transaction for the TWF.

Doğan Investment Bank acted as the financial adviser and coordinator for the transaction, the fund said in a statement.

Turkish Airlines (THY) has announced rigorous entry protocols for passengers traveling to Venezuela, Mexico, Colombia, Cuba and Brazil, stipulating compliance with additional check requirements alongside general protocols set by each country's authorities.

SunExpress, a joint venture of Turkish Airlines and Lufthansa, aims to carry 15 million passengers this year, says the company's CEO, noting that the carrier served 12.6 million passengers last year.

The company's revenues amounted to 1.8 billion euros in 2023.

Turkish Airlines has launched scheduled flights to Australia's Melbourne and hopes to start flights to Sydney by the end of the year.

The first plane on route to Melbourne departed from Istanbul Airport on March 1 with 349 passengers, including Ahmet Bolat, chairman of Turkish Airlines, and a group of journalists. 

Türkiye's first astronaut, Alper Gezeravcı, on Feb. 9 returned Earth after successfully concluding his 18-day mission on the International Space Station.

The Space X Dragon capsule, carrying Gezeravcı and three other accompanying astronauts, carried out a splashdown off Daytona, Florida.

A Turkish Airlines (THY) aircraft carrying passengers from Istanbul to the southern province of Antalya has been struck by lightning shortly after takeoff.

After the THY flight for Antalya departed from Istanbul Airport on Jan. 29 at 9:25 a.m., the cabin crew promptly informed the control tower that the aircraft was hit by lightning.