Turkish Airlines CEO claims ticket prices will drop with Istanbul"™s new airport

Turkish Airlines CEO Temel Kotil has said ticket prices will drop once Istanbul"™s under-construction new airport is completed. "We believe our costs will decline when the third airport is completed and this will lead to slashed ticket prices. Declining oil prices have already positively affected ticket prices," Kotil said. He also noted that currency fluctuations […]

Jet fuel prices in region drop by 49.2 per cent in a year

This is the largest fall in five years as prices fell in Europe also by 47.6 per cent Jet fuel prices fell last July by 15.6 per cent to $59.8 per barrel in the Middle East and Africa, according to IATA"™s jet fuel index. The prices of jet fuel recorded the largest fall in five […]