Turkish Airlines posts $161 million profit in first quarter

Turkish Airlines swung a net income of $161 million in the first quarter of 2022 from a net loss of $229 million in January-March 2019.

Total revenues of the flag carrier grew more than 10 percent in the first three months of this year compared to the first quarter of 2019 to reach $3.05 billion.

United Airlines loses $1.4 bln in first quarter

United Airlines reported on April 20 that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.

The Chicago-based airline posted revenue of $7.67 billion in the quarter that ended March 31. That was down 21 percent from the first quarter of 2019.

Lufthansa stops Flights to Kyiv and Odessa

German airline Lufthansa has announced that it will suspend flights to the Ukrainian capital Kyiv from tomorrow due to growing fears of a Russian invasion.

The airline said it would also suspend flights to Odessa, a key Black Sea port.

"The safety of our passengers and crew is our top priority at all times," Lufthansa said.

Most expensive airline ticket sold at 33,000 Turkish Liras last year

The most expensive roundtrip and one-way airline tickets for international flights were sold at 33,000 Turkish Liras and 28,000 liras, respectively in 2021, a report has shown.

Air travel gained momentum last year after countries and carriers eased most of COVID-19-related measures, said, an online ticket sales company in its 2021 Travel Report.

Turkish Airlines’ net profits hit $735 million in three quarters of 2021

Turkish Airlines has reported a net profit of $735 million in the first nine months of 2021, İlker Aycı, the flag carrier's chairman of the board, has announced.

"We managed to post profit at a time when other airlines, such Lufthansa, Air France-KLM and United Airlines recorded siginifcant losses.