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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...The country’s main airlines — flag carrier Turkish Airlines and low-cost airline Pegasus Airlines — ferried 115mn passengers last year, up 10 per cent from 2019, the year before the pandemic....
...Turkish Airlines has sharply increased its passenger numbers and capacity since 2019, bucking the trend in the global airline industry, which has yet to recover to pre-pandemic levels....
...Turkish Airlines, which is 49 per cent owned by the country’s sovereign wealth fund, is among the country’s crown jewels....
...The biggest operators are United Airlines and Alaska Airlines in the US, Turkish Airlines and Copa Airlines of Panama. Copa said it had temporarily suspended flights of 21 Boeing 737 Max 9 jets....
...IndiGo flies Airbus aircraft to 26 international destinations and reaches 30 European cities under a code-share agreement with Turkish Airlines that enables either carrier to sell seats on its partner’s...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Their main questions are: can the bloc really afford to ban airlines such as Aeroflot or Turkish Airlines? What would be the legal reasoning?...
...A version of this article was first published by Nikkei Asia on November 11. ©2021 Nikkei Inc. All rights reserved....
...executive pay, companies that took the money agreed not to lay off staff or axe routes until September 30 — even though air passenger volumes in the US have fallen by more than 90 per cent since March, and a V-shape...
...Conditions attached to bailouts of the most polluting industries, from steel to airlines, can make this happen quicker....
...Their concentrated ownership of industries such as airlines and pharmaceuticals may push up travel and drug prices, some academics argue....
...Ilker Ayci, the Turkish Airlines chairman, said that the national flag carrier completed its move significantly ahead of schedule and with no major glitches....
...Speaking to Turkish Airlines staff earlier this year, Recep Tayyip Erdogan allowed himself a moment of nostalgia....
...WPP will also reduce is planned capex from £400m to v£300m....
...(FT, NYT) Airlines’ Boeing-related warning Canada’s budget airline WestJet Airlines on Monday became the second carrier to warn that its financial performance would be hit by the global grounding of the...
...The airport will become the shiny new hub for Turkish Airlines, the national flag carrier that has grown rapidly and become an important tool of Turkish soft power....
Officials say it will be the largest in the world
...Turkish GDP grew 11 per cent year on year in the quarter to June. Turkish airline stocks prices have tripled over the past year....
...(NYT) Japan Inc overpays? No way A punchy defence of Japan’s flashy overseas spending spree from Goldman Sachs’ Yoshihiko Yano....
...Emirates Airline, Qatar Airways and Etihad Airways, the major Gulf carriers, and Turkish Airlines, which all fly regularly to east Africa, are also state-controlled....
...(Bloomberg) US v Gulf airlines The Gulf carriers — Etihad, Emirates, Qatar — are up in arms over a provision in the US Senate tax bill that would force them to pay US tax for aircraft time on the ground...
...If passengers start to drift away from Qatar Airways, Emirates, Etihad and Turkish Airlines, it will mark a significant shift in the balance of power in global aviation....
...(FT) Turkey recalls fighter pilots Pilots for Turkish Airlines may be trading airliners for fighter jets after the government in Ankara announced a mandatory recall of former fighter jet pilots....
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