Bloomberg Turkish Airlines is targeting a return to its earlier pace of gains in passenger numbers by next year as the effects of terrorism and political turmoil wane after causing a loss in 2016. Turkish Airlines will post a ‘moderate’ increase in passenger numbers this year and ‘from 2018 onwards, we will be seeing our historical growth rates,” Chairman …

  Bloomberg Low-cost airlines targeting inter-continental routes have come and gone since the days of UK entrepreneur Freddie Laker’s trans-Atlantic Skytrain service in the 1970s. But a new generation of discounters equipped with more-efficient jets and using the Internet to tap markets closed to their forerunners is set to endure, challenging the long-haul dominance of network carriers, International Air Travel …

  Dubai / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd. announced it has completed the purchase of a portfolio of ATR 72-600 aircraft from GE Capital Aviation Services (GECAS). This purchase brings the total number of owned and committed ATR 72-600 aircraft in DAE’s fleet to 57, making DAE one of the largest lessors of the ATR 72-600 worldwide. In …