Turkish Airlines and TAP Air Portugal Expand Cooperation Scope
Turkish Airlines, the airline that flies to more countries than any other in the world, and TAP Air Portugal, the flag carrier of Portugal and the leading European airline flying to Brazil, are expanding their existing codeshare partnership.
As part of the recently expanded agreement announced during the IATA Annual General Meeting held in New Delhi, both carriers will now provide their guests with a broader range of seamless travel options beyond their current global networks. Brazil, Morocco, Qatar, and Mauritius are new and exciting destinations entering the scope of cooperation. Additionally, Dalaman and Bodrum, Türkiye's prominent summer destinations, have also been added to the agreement, further augmenting travel options between Türkiye and Portugal, enhancing access to sought-after leisure destinations.
Commenting on the agreement, Turkish Airlines CEO Bilal Ek?i stated: 'We are pleased to further strengthen our long-standing partnership with TAP Air Portugal. Enhanced scope of the new arrangement offers greater flexibility and a wider range of travel options, while contributing to the development of commercial and tourism relations between our countries. We look forward to continuing this valuable collaboration in the years ahead.'
TAP Air Portugal CEO Luís Rodrigues also commented: 'Because of our network structure we need to find intelligent ways to connect us to the east. Cooperating with great partners is our way forward to do that. This will provide our global passengers and our Portuguese community with increased options to visit new and exciting places using our Turkish Airlines partner.'
This enriched cooperation not only enhances the network presence of both carriers but also fosters increased tourism and business traffic between Türkiye and Portugal, as well as to key destinations across South America, Africa and the Middle East.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sharjah 24
38 minutes ago
- Sharjah 24
Oil prices drop as stocks climb amid eased war fears
Market insights David Morrison, a senior market analyst at Trade Nation, noted, "Investors seem less fearful than they were going into the weekend regarding the possibility of the war spreading." He highlighted that most Israeli airstrikes avoided significant parts of Iran's energy infrastructure, and Iran's retaliatory actions have resulted in minimal damage. Wall Street performance Wall Street's main stock indices finished higher, with the S&P 500 gaining nearly one percent throughout the day. European markets also closed with gains, tracking positive momentum from Asia, where Tokyo rose by 1.3 percent, supported by a weaker yen. Oil market reactions Following Israel's surprise strikes on Iranian military and nuclear sites—resulting in the deaths of top commanders and scientists—oil prices initially soared by as much as 13 percent. However, concerns over the conflict's escalation appeared to ease, leading to a decline in oil prices on Monday. Chris Beauchamp, chief market analyst at IG, stated, "As long as the Straits of Hormuz remain stable, it is hard to envision a scenario where Friday's gains can be sustained." OPEC+ influence Analysts pointed to the recent decision by the OPEC+ group, led by Saudi Arabia and Russia, to increase output in July as another factor influencing oil prices. Kathleen Brooks from XTB remarked, "A major escalation in the conflict may be needed for another sharp upswing in oil and gold prices." Upcoming monetary policy decisions Investors are preparing for monetary policy announcements this week from the US Federal Reserve, Bank of England, and Bank of Japan. All are expected to maintain current rates, but traders will be closely watching for hints on future interest-rate outlooks amid pressure from President Trump to lower borrowing costs. Corporate news highlights In corporate developments, shares of Nippon Steel rose over three percent after Trump signed an executive order approving its $14.9 billion merger with US Steel, concluding a long-standing saga. US Steel shares increased by 5.1 percent. Additionally, shares in Kering, the owner of Gucci, climbed nearly 12 percent following reports that the outgoing CEO of Renault would take over as chief executive of the struggling luxury group. Conversely, Renault shares plummeted 8.7 percent after announcing that Luca de Meo would step down in July.
Arabian Post
3 hours ago
- Arabian Post
HostingJournalist Reaches Landmark 30,000‑Article Threshold
has marked a notable achievement with the release of its 30,000th editorial news article, complemented by an archive of over 28,000 videos distributed across its platforms. This dual milestone affirms the outlet's unwavering role as a leading source in cloud, hosting, and data‑centre reporting. Editor‑in‑Chief Koen Stegeman emphasised the milestone's deeper meaning: 'Reaching 30,000 published articles and 28,000 videos is more than just a numbers game.' His remarks underline the platform's dedication to depth, reliability, and consistent industry insight, rather than mere volume. Since its inception, HostingJournalist has evolved with the industry it covers. What began as a niche observer of web‑hosting trends has expanded into a global portal addressing complex topics such as hyperscale infrastructure, AI‑driven data centre cooling, and satellite‑based connectivity. The portal now ranks over 84,000 monthly visitors and garners approximately 5.6 million page views—a clear indicator of its audience growth and trust. ADVERTISEMENT The milestone arrives amidst intensified global demand for data centre infrastructure. Industry analysts note that hyperscale data centres serving cloud providers and AI workloads have expanded rapidly over the past year, straining power, cooling, and resilience systems. Concurrently, companies like Aligned, with its Phoenix cooling laboratory, and LiquidStack, with its scalable modular coolant distribution unit, are advancing solutions to accommodate this rapid load. Meanwhile, HostingJournalist's multimedia output has surged. Its video team has produced more than 28,000 pieces, ranging from executive interviews and tech deep dives to event coverage across global data‑infrastructure exhibitions. Stegeman noted that the video archive underscores the site's multimedia strategy, aiming to deliver timely and visually engaging coverage. HostingJournalist's editorial team credits much of this success to its global correspondent network, which ensures timely reporting on developments from European hyperscale builds to regulatory shifts in Asia. The platform's ability to scale coverage quickly, without sacrificing quality, distinguishes it within the sector. Financially, the site operates through a hybrid model: free daily news, a paid Insider Partner membership that provides premium analysis, and revenue from custom webinars and sponsored content. This diversified approach has reinforced its independence and allowed sustained investment in both editorial and video production. In an industry increasingly focused on speed and efficiency, HostingJournalist stands out for consistency and depth. Its milestone coincides with broader trends—cloud‐provider capex rising, the global shift toward liquid cooling, and emerging satellite infrastructure—areas it has actively explored in recent coverage. Growth has not come without challenges. Maintaining editorial integrity while balancing sponsored content requires rigorous internal guidelines. Stegeman emphasised a four‑step verification process involving technical reviews and cross‑checking against primary data—a system he says has helped preserve credibility. Looking ahead, HostingJournalist plans to expand its video strategy, invest in interactive data visualisation, and deepen its coverage of AI impact on cloud‑infrastructure economics. As infrastructure demands intensify globally, the platform appears poised to continue serving as a critical information source for professionals and observers alike.
Al Etihad
5 hours ago
- Al Etihad
Stocks slip, oil jumps as Trump calls for Tehran evacuation
17 June 2025 07:03 (REUTERS)US stock futures slipped and oil prices rose on Tuesday, as investors were rattled by US President Donald Trump's call for everyone to evacuate Tehran with the fifth-day of Israel-Iran fighting sowing fears of a broader regional were on edge after a separate report said that Trump had asked for the national security council to be prepared in the situation room as he cut short his visit to the Group of Seven summit in had earlier urged everyone to immediately evacuate Tehran, and reiterated that Iran should have signed a nuclear deal with the United latest developments sparked a wave of risk-off moves in early Asian trading. S&P 500 futures fell 0.46%, European futures slumped 0.69%, while crude prices briefly jumped more than 2%."Suspicion is that we're about to see the U.S. begin some sort of military action in Iran and we're now seeing some risk aversion because it brings another element of uncertainty into the market," said Tony Sycamore, a market analyst at Street had closed higher on Monday after sources told Reuters that Iran was seeking a Trump-mediated immediate ceasefire with Israel, which also cooled a rally in crude Iran-Israel air war - the biggest battle ever between the two countries - escalated on Monday with Israel targeting Iran's state broadcaster and uranium enrichment heightened uncertainty and fluid Middle East situation bolstered investor moves towards traditional safe-haven assets such as gold which rose 0.5%, while a rise in U.S. Treasuries pushed yields lower across the curve. The yield on the benchmark 10-year note was down about 2 basis points at 4.43%.The dollar firmed against the euro, yen and sterling as it reprised its role as a safe asset even as it held to broadly tighter broadest index of Asia-Pacific shares outside Japan was a tad higher, while futures tracking Hong Kong's Hang Seng index were also marginally of geopolitics, interest rate decisions by a host of central banks will be the prime focus for investors this week with the Bank of Japan's verdict expected later in the the end of its two-day policy meeting, the BOJ is widely expected to maintain short-term interest rates at 0.5%, but markets will be keen on the institution's outlook on quantitative Nikkei edged up 0.5%, while the yen was slightly weaker at 144.96 per are expecting the BOJ to consider slowing reductions in its bond purchases next year, as the central bank focuses on avoiding big market disruptions and tries to wean the economy off a decade-long, massive would be the first decision since the recent bond auctions had shown eroding appetite for freshly issued longer-dated debt and drove the country's bond yields to record highs. On Tuesday, yields on 30-year and 40-year bonds were broadly a week filled with central bank meetings across the globe, investors will be looking to comments from officials as they navigate Trump's erratic tariff policies and their impact on the global Federal Reserve is expected to hold rates steady on Wednesday but the focus yet again will be on the path Fed Chair Jerome Powell charts out for future rate cuts. Traders are pricing in two cuts by the end of the year."To be a central banker right now is one challenging job and on top of the tariff situation, the trade policy and the inking of deals before deadlines you have this uncertainty from the Middle East," said IG's Sycamore."Macro backdrops don't get any more tricky than what we're seeing at this point in time."In commodities, the risks of prolonged unrest in the Middle East and disruption to oil supply sent prices higher. Brent crude futures contract was last up 0.34% at $73.47 a barrel. West Texas Intermediate crude was last up 0.43% at $ prices were fetching $3,393.05 per ounce, up 0.3% on the day. Stock Markets Continue full coverage
