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Home > The Airline Weekly Lounge > Airline Weekly Lounge Episode 79: Turkish Turnaround
Podcast: The Airline Weekly Lounge
Episode:

Airline Weekly Lounge Episode 79: Turkish Turnaround
Category: Business
Duration: 00:30:50
Publish Date: 2017-08-15 19:43:33
Description: After losing $300m in 2016 as a result of some horrific exposure to terrorism and political tumult, things are looking up for Turkish Airlines. In its second quarter, the airline posted a 5% operating profit margin and with that likely will turn a profit for the full calendar year. How did Turkish do it? Other airlines facing some political duress include Korean Air and Asiana. South Korea’s two major carriers are caught in a crossfire of political tension among the U.S., China and North Korea. Nonetheless, both managed to grow second-quarter profits year over year. In Europe, Lufthansa, IAG, and Air France/KLM are all enjoying what seems to be a rising tide. But none of them is enjoying it as much as Ryanair. Click here to subscribe to podcast. –Jason Cottrell Subscribe to Podcast | Listen Whenever: iTunes | Stitcher
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