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Turkish Airlines Posts $650M Net Profit In H1 2025 Despite Higher Costs

ByAdmin

Turkish Airlines (THY) has announced a net profit of $650 million for the first half of 2025, marking a sharp decline from the $1.169 billion profit posted during the same period in 2024. The drop in profitability was primarily attributed to rising financing expenses and foreign exchange losses, which significantly impacted the bottom line.

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Norwegian To Buy Three Leased B737-800s

ByAdmin

Norwegian, one of Europe’s prominent low-cost carriers, has announced plans to purchase three Boeing 737-800 aircraft that are currently under lease. The acquisition is expected to close in the third quarter of 2025 and will initially be funded through the airline’s cash reserves, with efforts underway to secure long-term financing after completion.