Association of Asia Pacific Airlines

Turkish Airlines named best airline in Europe for fifth year in a row

Turkish Airlines has been named the "Best Airline in Europe" for the fifth year in a row by Skytrax, which is recognized by the aviation industry for its global ranking system which tracks customer satisfaction of airlines service and performance around the world, the company said in a written statement on June 16. 

Turkish Airlines' passenger numbers rise 8.7 percent in first five months

The total number of passengers carried by Turkish Airlines increased by 8.7 percent in the first five months of the year, rising to 23.2 million from 21.4 million in the same period of 2014. 

The company saw an increase in the number of domestic and international passengers, by 10.5 percent and 7.4 percent respectively.

Korean Air wins $92.4 million parts deal with

South Korea's top carrier Korean Air said April 23 that it had secured a 100 billion won ($92.4 million) deal with Airbus to supply parts for the European firm's new A330neo.

From 2016, Korean Air will start producing "sharklets" - specialised winglets attached to the tip of an aircraft's wings - for the twin-engine jet under development by Airbus, a spokesman said.

Turkish Airlines carries 12.8 million in first quarter

Turkish Airlines, the country's national flag-carrier, has announced it increased its total number of passengers by 6.5 percent in the first quarter of 2015 compared to the same period of the previous year.

The total number of passengers in the first quarter of 2015 was 12.8 million compared to 12 million in January-March 2014, according to a statement from the company on April 14.

Turkish Airlines profit almost triples, plans $3 bln investment

Turkish Airlines posted a 2014 net profit that almost tripled yesterday and unveiled plans to invest more than $3 billion mostly on its fleet, partly financed by a bond issue in the coming months.

Net profit rose to 1.82 billion Turkish Liras ($739 million) from 683 million liras, in line with a Reuters poll forecast of 1.81 billion.

Sales rose 29 percent to 24.1 billion.

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