Turkish Airlines boosts EX-YU operations

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Qatar Airways posts $4.1 billion loss

Qatar Airways has announced that it suffered a more than $4 billion loss in revenues over the last fiscal year, as lockdowns triggered by the coronavirus pandemic slashed demand for long haul travel. The major loss, which the state-owned airline largely attributed to the grounding of its Airbus A380 and A330 wide-body jets, highlights the dramatic toll of the pandemic on the industry. Even so, the Doha-based airline reported an increase in earnings to $1.6 billion before taxes and other costs compared to the previous year - costs that dropped significantly as the airline saved on jet fuel, reduced salaries by 15% and cut some 13.400 employees from its workforce. The pandemic has hit international routes the hardest, dealing a heavy blow to super-connectors in the Persian Gulf that essentially lack domestic markets. In the last several months, the flagship carrier has received a boost from an end to a yearslong boycott that locked Qatar Airways out of the airspace of Bahrain, Egypt, Saudi Arabia and the United Arab Emirates. The embargo had forced the airline to take longer routes and consume more jet fuel, raising expenses. For the first time since 2017, the energy-rich state's airline reopened key routes to hubs like Dubai, Cairo and Riyadh as the political dispute eased in January. The long-haul carrier praised its resilience in the face of the fast-spreading virus variants still racing around the globe, noting that its operational loss of $288 million stood at 7% less than the year before. “Whilst our competitors grounded their aircraft and closed their routes, we adapted our entire commercial operation to respond to ever-evolving travel restrictions and never stopped flying”, Qatar Airways CEO, Akbar al-Baker, said in a statement. The airline acknowledged receiving a $3 billion lifeline from the Qatari government to keep operating as it struggled with virus restrictions. The carrier took just 5.8 million passengers to the skies in the last fiscal year, compared to 32.3 million the year before - a staggering 82% drop.
Reuters

Turkish Airlines boosts EX-YU operations

NEWS FLASH

Turkish Airlines will be increasing frequencies to select markets in the former Yugoslavia this September. The Turkish carrier will maintain daily operations from Istanbul to Belgrade and Sarajevo throughout the month, while five weekly rotations will operate to Pristina, Podgorica and Skopje. The airline will run four weekly services to Zagreb, while three weekly flights will be maintained to Ljubljana.

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Anonymous17:20
I see TK flew with A330 on Monday to Belgrade, and Air Serbia upgraded IST to A320 from A319.

Codeshare seems to be working well for now.

Looks like when things get back to normal, we will see widebodies and 3rd daily from TK, and a possible new Turkish destination from Air Serbia.
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mehmet kali18:43
Turkish Airlines will fly to 199 destinations in september. www.aeroportist.com
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Turkish Airlines boosts EX-YU operations

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