LAS VEGAS—American Airlines acknowledges Asia is a “weakness” in its network but points to recently launched routes to the continent and strong Oneworld alliance partnerships with Japan Airlines and Cathay Pacific as factors that will make the U.S. carrier a stronger player in an increasingly important region.
Turkish Airlines posted a net profit of TRY172 million ($80.9 million) for the first-half of 2014, up 42.1% compared to a year-ago. Operating revenue for the January-June period was TRY11.3 billion, up 37.8% year-over-year. First-half expenses were up 41.6% to TRY10.99 billion, resulting in an operating profit of TRY312 million, more than double the carrier’s reported operating profit during 1H 2013.
Japan Airlines has signed a letter of intent for 32 Mitsubishi Regional Jets, which will eventually form the backbone of its domestic regional jet fleet and has also placed an order with Embraer to cover its more immediate fleet-replacement needs. The MRJ deliveries would begin in 2021. The Embraer order, meanwhile, includes a total of 15 E170s and E190s to be delivered from next year.
