Europe

Turkey’s Tough Times: Airline Weekly Lounge Episode 68

Jay Shabat

March 14th, 2017


Once again we consider the ongoing demand problems in Turkey. The numbers are in, and they’re not pretty. Turkish Airlines posted a $300 million loss in 2016. Pegasus Airlines chipped another $50 million loss, a comparably bad number. But there are signs of hope.

One of those signs could be the recent decline in oil prices. If this is the beginning of a downward trend, many—but not all—airlines around the world will rejoice, especially in the U.S. Pop quiz: What do the giant, mature airports Amsterdam and Seoul Inchon have in common? Answer: They’re both growing relatively fast. Why? Also, what does the upgauging trend mean for the A319-NEO and B737-MAX? And we close the show with a look at the weather—seriously.

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Jay Shabat

March 14th, 2017

Tags: Europe, Pegasus Airlines, Turkish Airlines