Airbus

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.

Airline tickets during the peak summer months in Europe are likely to increase in price again this year by up to 10%, according to Ryanair, due to issues with Boeing and Airbus planes.

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.

Britain's Business and Trade Secretary Kemi Badenoch paid a visit to Türkiye to strengthen business links ahead of the expected launch of trade deal talks later this year, said the U.K.'s Department of Business and Trade in a statement on Jan. 5.

As part of her visit to the country, Badenoch met with her Turkish counterpart, Ömer Bolat.

Japanese investigators on Wednesday probed a near-catastrophic collision at Tokyo's Haneda Airport between a coast guard plane and a passenger jet that airline executives have said was given permission to land.

A Japan Airlines plane was in flames on the runway of Tokyo's Haneda Airport on Tuesday after apparently colliding with a coast guard aircraft, television reports said.

Five people aboard a Japan coast guard aircraft died Tuesday when it hit the Japan Airlines passenger plane on the ground in a fiery collision at Tokyo's Haneda airport.

A plane that had been grounded in France for days over concerns its roughly 300 mostly Indian passengers were part of a human trafficking scheme landed in Mumbai early Tuesday.

The Airbus A340 initially had been bound for Nicaragua when it was detained last Thursday at Vatry airport, east of Paris, where it had stopped for refuelling.

Turkish Airlines said on Friday it has decided to purchase more than 200 Airbus aircraft — with the option for over 100 more — in the coming decade as it seeks to become the world's largest carrier.

Turkish Airlines chief executive Bilal Eksi said in a social media statement that the entire order could potentially add up to 355 aircraft.

BELGRADE - Serbian President Aleksandar Vucic on Thursday announced huge investments in the national defence industry and new factories.

When Advent won an international business competition in Athens in 2006, few would have predicted that the company - a spin-off of the Research & Technology Foundation and the University of Patras - would become the protagonist in hydrogen technology.