Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
KTHY Cyprus Turkish Suspends All Flights  
User currently offlinetommy212 From United Kingdom, joined Oct 2005, 126 posts, RR: 0
Posted (4 years 4 months 10 hours ago) and read 6356 times:

Today KTHY Kibris Turk Hava Yollari have suspended all flights declaring bankruptcy. The airline has been in financial trouble for a few months now with debts reaching €120million and still repoting loses on average €3.5million a month.

2 aircraft had been seized (TC-MSO and TC--MAO) earlier in the month.

Link shown below:

http://www.kthy.net/

hopefully a new invester can be found soon so the airline can resume operations soon.

23 replies: All unread, jump to last
 
User currently offlineoa260 From Ireland, joined Nov 2006, 27100 posts, RR: 60
Reply 1, posted (4 years 4 months 10 hours ago) and read 6310 times:

Shame to hear that I flew BFS-AYT-ECN on them years back had great flights. I guess TK will step in to provide extra seats.

User currently offlineLAXintl From United States of America, joined May 2000, 25718 posts, RR: 50
Reply 2, posted (4 years 4 months 10 hours ago) and read 6293 times:

Quoting tommy212 (Thread starter):
financial trouble for a few months now

Make that, for the best part of a decade instead!



From the desert to the sea, to all of Southern California
User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 3, posted (4 years 4 months 10 hours ago) and read 6246 times:

Quoting tommy212 (Thread starter):
new invester can be found soon

Looks like Atlasjet is stepping in instead of Pegasus or TK.


User currently offlineuka330 From United Kingdom, joined Nov 2004, 69 posts, RR: 0
Reply 4, posted (4 years 4 months 9 hours ago) and read 6011 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Thats a real shame, i flew with them a few years ago from MAN. Also got my first go-around with them on the return journey.

User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 5, posted (4 years 3 months 4 weeks 1 day 21 hours ago) and read 5566 times:

Hmm, I must have been unlucky then. I flew them about three years ago from London to Cyprus and I thought ther flight was one of the worst I have ever taken. I have never seen such an unhappy crew.

That said they got me there safe and sound and I hope they manage to rise from the ashes.


User currently offlineBurkhard From Germany, joined Nov 2006, 4399 posts, RR: 2
Reply 6, posted (4 years 3 months 4 weeks 1 day 21 hours ago) and read 5529 times:

I flew on them MANY years ago around 1984, on a Caravelle. My last Caravelle flight.

User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 7, posted (4 years 3 months 4 weeks 1 day 20 hours ago) and read 5434 times:

Looks like they will sign the papers today to form a partnership with Atlasjet today and commence flights today. I don't know all the details but it is going to be 50.01 Atlasjet /49.99 KTHY for a duration of 5 years.
It will be under the name KTHY for the first 6 months and Atlasjet for the next 6 months, and a new airline name after that. There will be 3 Atlasjet and 2 KTHY members on the board and at the end of 5 years KTHY can choose to buy it back.
http://www.airkule.com/default.asp?page=haber&id=9101 (In Turkish)


User currently offlinetommy212 From United Kingdom, joined Oct 2005, 126 posts, RR: 0
Reply 8, posted (4 years 3 months 4 weeks 1 day 17 hours ago) and read 5201 times:

KK953/KK954 ECN-AYT-STN/STN-AYT-ECN is showing as operating into stansted today so hopefully things will be back up and running very soon, though a completely different business model will be needed as the current operations are an absolute shambles. if it wasnt for being a government backed airline they would have been under a long long time ago.

KTHY does operate some very niche flights for example the only airline to do direct flights to GZT, and they are very popular.

I heard rumors about Atlasjet takeing part of KTHY to keep operations going, there was also rumours of Pegasus Airlines also having an interest in KTHY.


User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 9, posted (4 years 3 months 4 weeks 1 day 17 hours ago) and read 5177 times:

Quoting tommy212 (Reply 8):
I heard rumors about Atlasjet takeing part of KTHY to keep operations going,

Sounds like a one deal:
http://www.worldbulletin.net/news_detail.php?id=60351


User currently offlineHumberside From United Kingdom, joined Dec 2005, 4923 posts, RR: 4
Reply 10, posted (4 years 3 months 4 weeks 1 day 16 hours ago) and read 5130 times:

I know they served LHR. Where their slots at valuable times?


Visit the Air Humberside Website and Forum
User currently offlinewing From Turkey, joined Oct 2000, 1573 posts, RR: 24
Reply 11, posted (4 years 3 months 4 weeks 1 day 13 hours ago) and read 4905 times:

Damn they owe me 10000 $. I hope Atlasjet help them to survive and they can pay me back  


Widen your world
User currently offlinerutankrd From United Kingdom, joined Sep 2003, 3016 posts, RR: 7
Reply 12, posted (4 years 3 months 4 weeks 1 day 12 hours ago) and read 4858 times:
Support Airliners.net - become a First Class Member!

Quoting Humberside (Reply 10):

Not particularly, they are

YK855/856 from/to Antalya arrives 1535 departs 1715 on Saturday only

YK837/838 from to Izmir arrives 1230 departs 1400 on Monday and Saturday

Pretty worthless really !


User currently offlineFlylot From United States of America, joined Dec 2007, 187 posts, RR: 0
Reply 13, posted (4 years 3 months 4 weeks 1 day 9 hours ago) and read 4357 times:

Quoting rutankrd (Reply 12):
Not particularly, they are

YK855/856 from/to Antalya arrives 1535 departs 1715 on Saturday only

YK837/838 from to Izmir arrives 1230 departs 1400 on Monday and Saturday

Pretty worthless really !


Any LHR slot is valuable. However these slots would be more valuable to an airline looking to add frequency rather than stand alone like the way KTHY used them.

How is reunification discussion going? also is Cyprus Airways allowed to work out of Ercan?

[Edited 2010-06-23 15:29:25]


"In Soviet Russia, airplane flies on you"
User currently offlineuka330 From United Kingdom, joined Nov 2004, 69 posts, RR: 0
Reply 14, posted (4 years 3 months 4 weeks 1 day 8 hours ago) and read 4304 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Quoting UAL777UK (Reply 5):
Hmm, I must have been unlucky then. I flew them about three years ago from London to Cyprus and I thought ther flight was one of the worst I have ever taken. I have never seen such an unhappy crew.

Oh no, you wernt alone there, they really didnt seem happy at all. I thought it was just the outbound crew, but I was surprised that the return crew were just the same.  


User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 15, posted (4 years 3 months 4 weeks 1 day 1 hour ago) and read 4135 times:

Quoting Flylot (Reply 13):
How is reunification discussion going? also is Cyprus Airways allowed to work out of Ercan?

Can't answer how the reunification discussions are going since both sides don't really reveal much to the public due to the ongoing negotiations.

Cyprus Airways and Eurocypria are not allowed to fly to ercan. in fact, they are not allowed to fly over Turkey at all hence the routing followed for European flights is usually at the edge of the Turking airspace.

I would think that, if a solution was found, CY and TK would both link Cyprus with IST (and possibly ESB).



CY@Uk
User currently offlineGAWZU From United Kingdom, joined May 2002, 235 posts, RR: 1
Reply 16, posted (4 years 3 months 4 weeks 20 hours ago) and read 3937 times:

Does anyone know what KTHY's very last service was?

I took this photo of TC-TCC arriving into Stansted on Monday night (operations were suspended later that night). Was the return service to Turkey their last?


User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 17, posted (4 years 3 months 4 weeks 20 hours ago) and read 3915 times:

http://www.kthy.net/
The flights on this website to be carried out by Atlasjet today, more flights tomorrow.

and more here:
http://www.hurriyetdailynews.com/n.p...-partners-with-atlasjet-2010-06-24


User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7686 posts, RR: 3
Reply 18, posted (4 years 3 months 4 weeks 13 hours ago) and read 3713 times:

Does anyone know if their A310 is still sitting at IST?.

User currently offlineHumberside From United Kingdom, joined Dec 2005, 4923 posts, RR: 4
Reply 19, posted (4 years 3 months 4 weeks 10 hours ago) and read 3546 times:

Quoting Flylot (Reply 13):
Any LHR slot is valuable

Most slots, but not all. For example a late night slot is pretty worthless since there are spare slots at this time



Visit the Air Humberside Website and Forum
User currently offlinegilesdavies From United Kingdom, joined Dec 2003, 3037 posts, RR: 2
Reply 20, posted (4 years 3 months 4 weeks 8 hours ago) and read 3472 times:

My mum flew out to Northern Cyprus on Wednesday, I don't have the flight number but the first two letters on the flight number were "PC", what airline prefix is this?

She flew out on the 12.50 flight from Stansted to Ercan and think is was via Istanbul...

I got a text from her confirming they got there with no problems and mentioned no airline issues.


User currently offlinerutankrd From United Kingdom, joined Sep 2003, 3016 posts, RR: 7
Reply 21, posted (4 years 3 months 4 weeks 3 hours ago) and read 3396 times:
Support Airliners.net - become a First Class Member!

Quoting gilesdavies (Reply 20):
My mum flew out to Northern Cyprus on Wednesday, I don't have the flight number but the first two letters on the flight number were "PC", what airline prefix is this?

She flew out on the 12.50 flight from Stansted to Ercan and think is was via Istanbul...

I got a text from her confirming they got there with no problems and mentioned no airline issues.

PC- is Pegasus Airlines


User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 22, posted (4 years 3 months 3 weeks 6 days 19 hours ago) and read 3227 times:

Latest news from Atlasjet, they walked away from the table, so no deal yet.

User currently offlineTK787 From United States of America, joined Jan 2006, 4451 posts, RR: 12
Reply 23, posted (4 years 3 months 3 weeks 6 days 17 hours ago) and read 3145 times:

Quoting TK787 (Reply 22):

Here is an English article on the latest:
http://www.hurriyetdailynews.com/n.p...-with-embattled-airline-2010-06-25


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
LAB Lloyd A Boliviano Suspends All Flights ToSpain posted Sat Mar 31 2007 01:41:54 by IberiaA319
Bellview Airlines Suspends All Flights posted Sun Oct 23 2005 16:42:45 by Soups
Ghana Airways Suspends All Flights posted Wed Aug 18 2004 13:27:35 by 7LBAC111
Aerocontinente Suspends All Flights posted Thu Feb 26 2004 19:04:12 by Relayze
Roots Air Suspends All Flights posted Thu May 3 2001 19:54:19 by AC767-333ER
Garuda Indonesia Suspends All €uropean Flights posted Thu Nov 21 2002 18:39:38 by Singapore_Air
TAP Air Portugal Suspends All New York/JFK Flights posted Tue Aug 6 2002 17:34:47 by Bizjets
WN Cancels All Flights At MDW For 24 Hours posted Mon Feb 8 2010 19:34:31 by bcoz
WN Canx All Flights From BWI Due To Snowstorm posted Thu Feb 4 2010 14:57:20 by C5LOAD
UK To Ban All Flights Between Yemen And The UK posted Wed Jan 20 2010 03:54:22 by OA260
LAB Lloyd A Boliviano Suspends All Flights ToSpain posted Sat Mar 31 2007 01:41:54 by IberiaA319
Bellview Airlines Suspends All Flights posted Sun Oct 23 2005 16:42:45 by Soups
Ghana Airways Suspends All Flights posted Wed Aug 18 2004 13:27:35 by 7LBAC111
Aerocontinente Suspends All Flights posted Thu Feb 26 2004 19:04:12 by Relayze
Roots Air Suspends All Flights posted Thu May 3 2001 19:54:19 by AC767-333ER
Air Alps Suspends All The Flights! posted Mon Jan 16 2012 10:17:28 by 777
Garuda Indonesia Suspends All €uropean Flights posted Thu Nov 21 2002 18:39:38 by Singapore_Air
TAP Air Portugal Suspends All New York/JFK Flights posted Tue Aug 6 2002 17:34:47 by Bizjets
AF Cancels All Flights To BKO Until Further Notice posted Thu Mar 22 2012 07:54:19 by AFCDGPTP