Turkish Airlines
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TWF completes first int’l Islamic finance transaction
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.
THY unveils heightened entry checks set by 5 Latin American countries
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 targets to carry 15 million passengers this year
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 starts flights to Melbourne
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.
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Türkiye’s first astronaut returns to Earth
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.
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Plane makes emergency landing after lightning strike in Istanbul
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.
Turkish Airlines to start Melbourne flights on March 15
Starting in mid-March, Turkish Airlines will launch flights from Istanbul to Melbourne, its first destination in Australia.
Three reciprocal flights will run every week between Istanbul and Melbourne with a stop in Singapore, according to a statement from Türkiye's flag carrier.
Turkish Airlines to double fleet size in 10 years
Turkish Airlines aims to double the number of aircraft in its fleet in 10 years and to become one of top seven carriers in the world, Ahmet Bolat, the chairman of the board and the executive committee, has said.
The company currently operates a fleet of 440 jets, Bolat said, adding that its fleet will expand to have a total of 810 aircraft by 2033.
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Türkiye’s first astronaut to conduct 13 space experiments
Set to make history, the first Turkish astronaut Alper Gezeravcı, whose launch has been delayed due to a technical problem, will undertake 13 groundbreaking experiments in space.
The rocket that will carry the Axiom Mission 3 (Ax-3) crew, including Türkiye's first astronaut Alper Gezeravcı, to the International Space Station (ISS) will launch tonight at 12:49 a.m.
Airbus says record 2,094 planes ordered in 2023, 735 delivered
European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.
The company also said that despite persistent supply chain problems it delivered 735 jets to clients last year, beating its own target of 720 deliveries.