Board of Directors appoints Benjamin Smith as CEO of AFKL.
https://www.airfranceklm.com/en/news/bo ... ce-klm-ceo
It seems to me this American pastor was either an unwitting dupe or in worst case a real CIA agent even. The fact that he had communications with coup plotters including wishing them better luck next time in addition to his frequent self-admitted trips to areas near Syrian border and contact with kn...Jump to post
Per ICAO nearly 60 percent of global airlines have state participation. I see no required mandate for profit, and airlines serve as a variety of national roles from being a form of infrastructure, means to help develop nations, foster tourism and commerce, providing employment and know how to being ...Jump to post
Honestly any stand off will likely raise Erdogans support. The West wants puppet regimes to push around and Erdogan (and hopefully Turkish people) will no longer play the part. Turks are very nationalistic and if the ill advised coup is any indication people will pour to the streets to support their...Jump to post
I believe European holiday traffic is back to previously high levels. Turkey is a cheap and friendly holiday destination. A weak Lira will make it even more attractive. :checkmark: Yes tourism in 2018 seems to be headed for a record high. Foreign arrivals up 28.5% versus 2017, and well on way to be...Jump to post
I am not so sure that a weak Lira helps TK. It is true that the foreign currency they earn will be worth more in Lira. However, their non-Lira expenses (landing fees in other nations, leases and fuel) will go up considerably. Also Turkish originating traffic will decline and it is unclear that ther...Jump to post
TK and Turkey will be fine.
They have long history of external or internal shocks and are probably one of the most resilient nations I have ever witnessed. Meanwhile, TK has been very smartly led and profitable several decades now having built a strong balance sheet and global airline brand.
KLM was a significantly smaller airline. Also KL at the time was in many ways struggling after posting ongoing losses and likely too small to survive against other big carriers and rapid growth of LCCs in Europe. AF offered KL sharehoders €784 million for the company and formed a group holding with ...Jump to post
Another ground accident.
Taxiing RAM 787 struck the APU section of parked TK 777 at IST.
Below video and photos.
http://www.airporthaber.com/havacilik-h ... arpti.html
I seriously doubt it with the current makeup of the Lebanese government and potential security ramifications.
Really? Every big company in France is state controlled? France society has a very ingrained pedigree system for development of leadership both in private and public sector. In general, a small pool of graduates from a couple of schools lead industry and government. In additional the fact that Fren...Jump to post
TK management on several occasions have said a weak TL helps the airline as it has larger foreign currency revenue base, while larger TL cost base. Also as posted in investor updates, TK has long also had currency hedge that runs for 2-3 years so it can help maintain more stable exchange rate regard...Jump to post
If Tokyo was my destination, I would also opt for HND. From NRT basically what you have is a 1-hour Narita Express train to central Tokyo (Tokyo station) and then a bus/taxi from there to your hotel. Train also runs only every 30minutes so you might have to wait. Otherwise, there are buses to variou...Jump to post
Until Metro to the new airport is finished people actually going to Istanbul are screwed. Considering a very tiny number of people use the metro today to IST (the numbers which were recently posted in Turkish Aviation thread), I don't see the difference really. Bulk of customers chose to arrive in ...Jump to post
I imagine just like other vacation markets (Seychelles, Maldives, Cuba, Phuket, Bali, etc) serviced by TK, they will carry a contingent of Turks and passengers connecting from across the network via IST. On EWR, its probably a good option to capture traffic from broader NJ and into PA for example. T...Jump to post
Smart and different. Tie in with lego certainly something unique.Jump to post
LAXintl wrote:o Transition to new airport will be "historic milestone". Will give TK an "utterly new dimension"
Some of you should read the 1980s book by well respected then SAS CEO Jan Carlzon where he made the very good case of how flying smaller planes with higher frequency in then the relatively new era of hubs and spokes was far more profitable path to pursue. In addition, there have been many other stud...Jump to post
In testimony to Senate Minister of Infrastructure, Danilo Toninelli stated government has received interest from 3 parties for sale of AZ. 1. LH Group 2. Easyjet, Air France and eCerberus jointly 3. Wizz Air https://it.reuters.com/article/topNews/idITKBN1KL2EM-OITTP Minister confirms airline will re...Jump to post
They must want to reverse their restructuring plans and see how fast they can burn Baht. This sounds very much like a prestige ego trip. As we know filing a plane to Thailand is not an issue, its going to be earning enough money doing it from largely leisure and ethnic traffic. Economics of US-Thail...Jump to post
English story regarding TK-SATS catering.
If an agreement is finalized, SATS say it expects to invest USD$120 million in the new airport facility.
https://www.dailysabah.com/business/201 ... o-catering
I have long wondered about this. I don't know, maybe its a cultural issue? But agree, viewing and having experienced US crews they just seem sloppy. From poor uniform standards to seeming uninterested service ethos. They just don't seem to have that discipline or snappiness of being sharp and willin...Jump to post
IB have now opened a series of new long-haul flights to LAX and SFO in one direction, and NRT and PVG in the other, somewhat inconsistent with this. LAX is not new. They returned to LAX a route IB historically serviced in 1980/1990s in 2011, way before EI was in the IAG picture. Also remember North...Jump to post
Then OEM that can meet the delivery time frame DL wants at the best price will win. Would be silly for DL to somehow penalize Boeing.Jump to post
French media says Norwegian and a Chinese enterprise (HNA?) were bidders also
http://www.air-journal.fr/2017-10-17-al ... 89068.html
Korean law enforcement seems to be quite busy these days rooting out corruption in the nations chaebols.Jump to post
Bizjet division might have some value to someone.
I think the legacy commercial business is largely on life support with a trickle of orders, while C-series surely is bleeding cash heavily for the company.
Paying even EUR €1bil annually to keep AZ alive is a small price to pay for Italian state. In comparison this year Italian taxpayers paid €17 bil to restructure two failing banks. Frankly, they should just renationalize AZ similar to the many other state enterprises in Italy and be done with it. No ...Jump to post
Majority of A330-300s are not equipped with fuel jettison capability. Equipping planes with fuel jettison capability adds both cost and weight. The weight of the added plumbing and pumps can instead be used for things like payload, or simply reduced fuel burn.Jump to post
Like I said before, this will likely take down many people and some will could even end up in jail.
Should be fun to watch the dominos fall.
Delta in US certainly seems active in buying into airlines. Maybe a combined deal with AFKL for a share of MH?Jump to post
75 firm plus 75 options
https://www.reuters.com/article/uk-jet- ... SKBN1CG1VO
9W becomes second Indian Airline to select MAX-10 following SpiceJet order at Paris Air Show of 40 frames.
Order finally firmed up.
http://www.airbus.com/newsroom/press-re ... 0neos.html
They opted for PW GTF part of order.
First this was hardly secret - it well was known and publicized at the time. Here are some stories from 2016 making clear Boeing was a participant in Monarch recapitalization. http://news.sky.com/story/boeing-flies-to-monarchs-rescue-with-restructured-fleet-deal-10609656 http://www.cityam.com/251023...Jump to post