Speaking to Skift, Turkish Airlines chairman Ahmet Bolat explains why he is comfortable defying the direction of travel at most other long-haul airlines.
After leaving Hong Kong in 2022, Shanghai was Virgin Atlantic's final Chinese destination. The development comes amid a broader retreat among some Western carriers.
The Lufthansa Group lowered its outlook for 2024 due to negative market trends — particularly in Asia — and aircraft delivery delays that have afflicted most of the industry.
Delta, which has consistently been one of the most profitable U.S. airlines, slightly underperformed in the second quarter, partly due to an oversupply of domestic seats. That could signal trouble for domestic carriers this summer.