1.
Airline codes
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This is a list of airline codes. The table lists IATAs two-character airline designators, ICAOs three-character airline designators, IATA airline designators, sometimes called IATA reservation codes, are two-character codes assigned by the International Air Transport Association to the worlds airlines. The standard is described in IATAs Standard Schedules Information Manual and the codes themselves are described in IATAs Airline Coding Directory, Airline designator codes follow the format xx, i. e. two alphanumeric characters followed by an optional letter. Although the IATA standard provides for three-character airline designators, IATA has not used the third character in any assigned code. This is because some legacy computer systems, especially the central reservations systems, have failed to comply with the standard, the codes issued to date comply with IATA Resolution 762, which provides for only two characters. These codes thus comply with the current airline designator standard, there are three types of designator, unique, numeric/alpha and controlled duplicate. IATA airline designators are used to identify an airline for commercial purposes in reservations, timetables, tickets, tariffs, air waybills, a flight designator is the concatenation of the airline designator, xx, and the numeric flight number, n, plus an optional one-letter operational suffix. Therefore, the format of a flight designator is xxn. After an airline is delisted, IATA can make the code available for reuse after six months, controlled duplicates are issued to regional airlines whose destinations are not likely to overlap, so that the same code is shared by two airlines. The controlled duplicate is denoted here, and in IATA literature, an example of this is the code 6Y, which refers to both Mid Airlines, a charter airline in Sudan, and Med Airways, a charter airline in Lebanon. IATA also issues an accounting or prefix code and this number is used on tickets as the first three characters of the ticket number. The IATA codes originally based on the ICAO designators which were issued in 1947 as two-letter airline identification codes and these codes are unique by airline, unlike the IATA airline designator codes. The designators are listed in ICAO Document 8585, Designators for Aircraft Operating Agencies, ICAO codes have been issued since 1947. The ICAO codes originally based on a two-letter-system and were identical to the codes used by IATA. After an airline joined IATA its existing ICAO-two-letter-code was taken over as IATA code, so in the 1970s the abbreviation BA was the ICAO code and the IATA code of British Airways while non-IATA-airlines like Court Line used their 2-letter-abbreviation as ICAO code only. In the early 1980s ICAO introduced the current three-letter-system due to the number of airlines. It became the new standard system in November 1987. Other designators, particularly starting with Y and Z, are reserved for government organizations
2.
Airline hub
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Airline hubs or hub airports are used by one or more airliners to concentrate passenger traffic and flight operations at a given airport. They serve as points to get passengers to their final destination. It is part of the hub-and-spoke system, an airline operates flights from several non-hub cities to the hub airport, and passengers traveling between spoke cities need to connect through the hub. This paradigm creates economies of scale that allow an airline to serve city-pairs that could not be economically served on a non-stop basis. This system contrasts with the point-to-point model, in there are no hubs. Hub airports also serve origin and destination traffic, the hub-and-spoke system allows an airline to serve fewer routes, so fewer aircraft are needed. The system also increases passenger loads, a flight from a hub to a spoke carries not just passengers originating at the hub, additional employees and facilities are needed to cater to connecting passengers. To serve spoke cities of varying populations and demand, an airline requires several aircraft types, in addition, airlines may experience capacity constraints as they expand at their hub airports. For the passenger, the system offers one-stop air service to a wide array of destinations. However, having to make connections en route to their final destination increases travel time. Additionally, airlines can come to monopolise their hubs, allowing them to increase fares. Airlines may operate banks of flights at their hubs, in several flights arrive. The banks may be known as peaks of activity at the hubs, banking allows for short connection times for passengers. In addition, banking could result in inefficient aircraft utilisation, with aircraft waiting at spoke cities for the next bank, instead, some airlines have debanked their hubs, introducing a rolling hub in which flight arrivals and departures are spread throughout the day. This phenomenon is known as depeaking. While costs may decrease, connection times are longer at a rolling hub, American Airlines was the first to depeak its hubs, trying to improve profitability following the September 11 attacks. It rebanked its hubs in 2015, however, feeling the gain in connecting passengers would outweigh the rise in costs, the hub-and-spoke system is also used by some cargo airlines. FedEx Express established its main hub in Memphis in 1973, prior to the deregulation of the air industry in the United States
3.
Airline alliance
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An airline alliance is an aviation industry arrangement between two or more airlines agreeing to cooperate on a substantial level. Alliances may provide marketing branding to facilitate travelers making inter-airline codeshare connections within countries and this branding may involve unified aircraft liveries of member aircraft. In 2015, Star Alliance was the largest with 23% of total scheduled traffic in RPK, followed by SkyTeam with 20. 4% and Oneworld with 17. 8%, benefits can consist of, An extended network, often realised through codeshare agreements. Many alliances started as only codeshare networks, cost reduction from sharing of, sales offices maintenance facilities operational facilities, e. g. catering or computer systems. Operational staff, e. g. ground handling personnel, at check-in, investments and purchases, e. g. in order to negotiate extra volume discounts. Traveler benefits can include, lower prices due to lowered operational costs for a given route, more departure times to choose from on a given route. Shorter travel times as a result of optimised transfers, a wider range of airport lounges shared with alliance members faster mileage rewards by earning miles for a single account on several different carriers. Round-the-world tickets, enabling travelers to fly over the world for a low price. Airline alliances may also create disadvantages for the traveler, such as, less frequent flights, for instance, if two airlines separately fly three and two times a day respectively on a shared route, their alliance might fly less than 5 times a day on the same route. This might be especially true between hub cities for each airline, E. g. flights between Detroit Metropolitan Wayne County Airport and Amsterdam Airport Schiphol. The ability of an airline to join an alliance may be restricted by laws, competition law issues must also be considered in some countries. The first airline alliance was formed in the 1930s, when Panair do Brasil, the first large alliance began in 1989, when Northwest Airlines and KLM agreed to large-scale codesharing. Normally landing rights are granted for a number of flights per week to a fixed destination. Each adjustment requires negotiations, often between governments rather than between the companies involved, in return, the United States granted antitrust immunity to the alliance between Northwest Airlines and KLM. Other alliances would struggle for years to overcome the barriers and lack of antitrust immunity. The Star Alliance was founded in 1997, which brought competing airlines to form Oneworld in 1999, in 2010 Richard Branson, chairman of the Virgin Group, announced his intention to form a fourth alliance among Virgin branded airlines. Then in September 2011, Branson said that Virgin would join one of the existing alliances, in December 2012, Delta Air Lines purchased Singapore Airlines 49% stake in Virgin Atlantic for £224 million. On February 14,2013, it was announced that American Airlines and US Airways would merge, retaining the American Airlines name, US Airways participation in the Star Alliance lapsed
4.
Star Alliance
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Star Alliance is one of the worlds largest global airline alliances. Founded on 14 May 1997, its current CEO is Mark Schwab and its headquarters is in Frankfurt am Main, as of 7 August 2016, Star Alliance is the second largest global alliance by passenger count with 641.1 million, after SkyTeam and ahead of Oneworld. Its slogan is The Way The Earth Connects, the alliance has a two-tier rewards program, Silver and Gold, with incentives including priority boarding and upgrades. Like other airline alliances, Star Alliance airlines share airport terminals, on 14 May 1997, an agreement was announced forming Star Alliance from five airlines on three continents, Scandinavian Airlines, Thai Airways International, Air Canada, Lufthansa, and United Airlines. The alliance chose Young & Rubicam for advertising, with a budget of $25 million, the airlines shared the star logo from the beginning, with its five points representing the founding airlines. The alliance adopted its first slogan, The Airline Network for Earth, with its goal an alliance that will take passengers to major city on earth. The now defunct Brazilian airline VARIG joined the Star Alliance network on 22 October 1997, also joining were Ansett Australia and Air New Zealand, expanding Star Alliance to Australia and the Pacific. With the addition of the two carriers, the alliance served 720 destinations in 110 countries with a combined fleet of 1,650 aircraft. The next airline to join was All Nippon Airways, the groups second Asian airline, during the early 2000s, a number of airlines joined Star Alliance, the Austrian Airlines Group joined on 26 March 2000 and Singapore Airlines on 1 April. BMI and Mexicana Airlines joined on 1 July, bringing the membership to 13. The addition of BMI made London Heathrow the only European hub with two alliances, during the year, Emirates considered joining Star Alliance, but decided against it. That year the now-defunct BWIA West Indies Airways, which had entered an alliance with United Airlines, considered becoming a member, in 2000, the alliance also opened its first three business centers and announced the formation of an Alliance Management Team, the partnerships executive body. In September 2001, Ansett Australia left Star Alliance due to bankruptcy and that year, Star Alliance announced the appointment of a new CEO, Jaan Albrecht. Asiana Airlines joined the alliance on 1 March 2003, Spanair on 1 May, around this time, Mexicana Airlines left the alliance after deciding not to renew a codeshare agreement with United Airlines, later joining Oneworld. US Airways joined the alliance in May 2004, becoming its second US-based airline, in November Adria Airways, Blue1 and Croatia Airlines joined the alliance as its first three regional members. Although Star Alliance invited Lineas Aereas Azteca in 2005 to join in mid-2007, TAP Portugal joined on 14 March 2005, adding African destinations to the network. In April 2006 Swiss International Air Lines, the alliances sixth European airline, by May 2007, Star Alliances 10th anniversary, its members had a combined 16,000 daily departures to 855 destinations in 155 countries and served 406 million passengers annually. VARIG left the alliance on 31 January 2007, and the two Chinese airlines Air China and Shanghai Airlines joined on 12 December
5.
AnadoluJet
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AnadoluJet is a Turkish regional airline headquartered in Ankara. It is an owned subsidiary of Turkish Airlines and operates domestic flights within Turkey. The airline was founded in 23 April 2008 as a new subsidiary of Turkish Airlines, in this way, airport transportation was provided to more wider population and air travel became more attractive with reflecting cost advantage to ticket prices. The surface area of time travels by road and rail in large countries such as Turkey is quite long, AnadoluJet, providing the opportunity to realize the long-distance travels of the Anatolian people more intensively and thus passengers will travel by air is intended to provide a huge time saver. Domestic tourism activities from continuing Esenboga İnternational Airport and Sabiha Gokcen Airport, on 4 September 2008, the airline started international flights to northern Cyprus connecting Hatay and Ercan International Airport. Number of passengers increased by 65% in Ankara routes, load factor reached the level of 85%, starting operation with 5 airplanes, AnadoluJet achieved,8 airplane fleet in its first year and 16 airplane fleet in the middle of 2010. AnadoluJet currently flies to 42 points in Anatolia, AnadoluJet Turkish Airlines is a sub-brand, the codes used for flight numbers are prefixed with TK7000 and above. Example, Izmir –a flight number for Ankara would be TK7005, as of September 2016, AnadoluJet serves the following destinations, Turkey Northern Cyprus AnadoluJet additionally maintains codeshare agreements with parent company Turkish Airlines
6.
SunExpress
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Güneş Ekspress Havacılık A. Ş. doing business as SunExpress, is a Turkish airline based in Antalya. It operates scheduled and chartered flights to various destinations in Europe, Asia. The airline was established in October 1989 and started operations in April 1990 with a service between Antalya and Frankfurt. SunExpress was founded as a joint venture between Turkish Airlines and the Lufthansa Group/Condor Flugdienst, in 1995, the Lufthansa Group transferred its SunExpress shares to Condor. All tourist flights operate under a single unit, in February 2007, all Condor shares were retaken by the Lufthansa Group as Condor was acquired by Thomas Cook AG. SunExpress is currently a joint venture between Turkish Airlines and the Lufthansa Group, each owning 50 percent of the airline, with 886 employees the company is the largest employer in Antalya. SunExpress counts 393 employees in Izmir,299 in Istanbul,178 in Ankara,42 in Anatolian cities and 334 in Frankfurt, the total SunExpress workforce number is 2.132 with other domestic bases. Increasing its scheduled flights rapidly day-by-day, SunExpress opened its base in İzmir. With this launch, SunExpress became the first airline company to connect İzmir with Anatolian cities with flights in Turkey. The company announced a comprehensive re-branding and product enhancement project by the end of its 20th anniversary, SunExpress also revealed many brand new features to create extra quality and value for its customers. The launch of SunPoints – SunExpress’ frequent flyer programme – and direct flights between Anatolia and Germany for the first time in Turkey were also the highlights of 2010 for SunExpress. SunExpress was given a further boost in 2011 with the foundation of SunExpress Deutschland GmbH, the company started business operations in June 2011. Frankfurt – Hahn and Varna, Batman, Bremen, Enfidha, Lefkosa, SunExpress decided to invest in its building and SunExpress Plaza was built in June 2012. The new SunExpress building is “environmental friendly” and is located in a natural setting, the architectural theme of the building is transparency and naturalness, therefore each room has been designed so that it has access to natural light and fresh air. Antalya’s famous sun is also a source for clean energy inside the building, the solar panels on the roof generate enough electricity to supply power to all of the computers. SunExpress can therefore do work without harming the environment, antalya’s famous orange, bergamot and lemon trees have been planted in both the interior and exterior gardens. The building consists of 1 basement and 4 floors which house 250 SunExpress employees in 87 offices, SunExpress is certified according to ISO9001, ISO10002 ISO14001 and OHSAS18001. These process-oriented management systems are applied throughout the company and controlled by professional quality management, an application has been submitted to the German Federal Aviation Administration accordingly
7.
Turkish Airlines
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Turkish Airlines is the national flag carrier airline of Turkey, headquartered at the Turkish Airlines General Management Building on the grounds of Atatürk Airport in Yeşilköy, Bakırköy, Istanbul. As of July 2015, it operates scheduled services to 290 destinations in Europe, Asia, Africa, and it serves more destinations non-stop from a single airport than any other airline in Europe. Turkish Airlines flies to 119 countries, more than any other airline, with an operational fleet of ten cargo aircraft, the airlines cargo division serves 52 destinations. Istanbul Atatürk Airport is its base, and there are secondary hubs at Esenboğa International Airport, Sabiha Gökçen International Airport. Turkish Airlines has been a member of the Star Alliance network since 1 April 2008, Turkish Airlines was established on 20 May 1933 as State Airlines Administration as a department of the Ministry of National Defence. The initial fleet consisted of two five-seat Curtiss Kingbirds, two four-seat Junkers F. 13s and one ten-seat Tupolev ANT-9, in 1935, the airline was turned over to the Ministry of Public Works and was subsequently renamed General Directorate of State Airlines. Three years later, in 1938, it part of the Ministry of Transportation. Several Douglas DC-3s and Douglas C-47s were phased in during 1945, nicosia, Beirut and Cairo were soon added to the airlines international flight destinations. However, domestic services remained the Turkish carriers main focus until the early 1960s, in 1956, the Turkish government reorganized the airline under the name Türk Hava Yollari A. O. It was capitalized at TRL60 million, the airline joined the International Air Transport Association shortly thereafter. In 1957, British Overseas Airways Corporation began supplying technical support after acquiring a 6.5 percent shareholding, New aircraft including Vickers Viscounts, Fokker F27s and Douglas DC-3s were added to the fleet in the late 1950s and early 1960s. Turkish Airlines began operating their first jet, a McDonnell Douglas DC-9 and this was followed by the addition of three Boeing 707 jets in 1971. Other aircraft operated in the early 1970s included the McDonnell Douglas DC-10, the airline was plagued by several difficult issues. It developed a reputation for customer service and delays. It also endured hijackings and suffered seven accidents between 1974 and 1983, the most notorious was the 1974 crash of Turkish Airlines Flight 981 when a faulty cargo door broke off in flight near Ermenonville, France, resulting in the deaths of 346 people. A new government came to power in 1983 which recognized THYs importance as Turkeys ambassador to the world and it would maintain one of the youngest fleets in the world. Security was intensified, causing one shipper to compare it to Israels El Al, THY built a new, state-of-the-art technical center at Yeşilköy Airport in 1984. The airline was capable of light and heavy maintenance on a number of different aircraft types
8.
Turkish Technic
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Turkish Technic, is the maintenance, repair and overhaul center of Turkish Airlines. Third party airlines are also served, Turkish Technic is headquartered at Istanbul Ataturk International Airport on the European side of Istanbul. However, a new complex built at Sabiha Gökçen International Airport on the Asian side of Istanbul, Turkish Technic was incorporated in 2006. It operates in three hangars for narrowbody and widebody airplanes and a VIP & light airplanes hangar in IST, approximately 1,800 of these are technicians and almost 1,300 of these technicians are licensed. The newly built facilities in SAW encompass a hangar for 11 single-aisle aircraft, the complex is a total enclosed area of 380,000 m² with more than 3,100 employees. A separate narrowbody hangar exists in Esenboğa International Airport, Ankara, Turkish Technic is a member of IATP, ELMO, and Airbus MRO Network. Line maintenance stations exist at 24 domestic and 30 international airports, aircraft maintenance hangars and workshops Hangar #1 has a total enclosed area of 51,000 m² and can accommodate 2 widebody and 3 narrowbody aircraft simultaneously. Hangar #2 has an enclosed area of 80,000 m². Hangar #3 was bought from MNG Teknik and has a painting facility. Maintenance capabilities for the Boeing 757 and Boeing 767 were also added with this acquisition, most engine work has moved to Turkish Engine Center at SAW, on the Asian/Anatolian side of Istanbul
9.
OPET
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OPET Petrolcülük A. Ş. is a Turkish company engaged in retail sales, as well as the sale of commercial and industrial fuels, mineral oils, warehousing and international sales. OPET Petroleum’s roots date from the oil distribution company, Öztürkler Petrol founded by Fikret Öztürk. Having a 50% partnership with Koç Holding Energy Group as of the end of 2002, oPET’s warehousing capacity has reached 1.076.318 cubic meters as of 2010. OPET is the first firm ever to have brought 98 octane unleaded fuel to Turkey, still being the 3rd biggest fuel oil distribution company of Turkey, OPET has more than 1200 gas stations along with its SUNPET trademark. OPET awarded as best customer satisfied company for 10 times consequently as of 2015, www. opet. com. tr OPET Site for Respect to the History Project OPET Campaigns
10.
Ticker symbol
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both, ticker symbol refers to the symbols that were printed on the ticker tape of a ticker tape machine. Stock symbols are unique identifiers assigned to each security traded on a particular market, for example, AAPL is for Apple Inc. OODH is for Orion DHC, Inc. and HD is for Home Depot, a stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, the allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the name where possible. In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA, while in Asia, numbers are often used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBCs stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005, symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a spelling of the company XON as its ticker symbol. The symbol of the firm after the merger was XOM, symbols are sometimes reused, in the US the single-letter symbols are particularly sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V that had previously used by Vivendi which had delisted. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known, on many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker, although stock tickers identify a security, they are exchange dependent, generally limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes, the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO6166, Securities for which ISINs are issued include bonds, commercial paper, stocks, and warrants. The ISIN identifies the security, not the exchange on which it trades, for instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, and is priced in five different currencies, it has the same ISIN on each, though not the same ticker symbol. ISIN cannot specify a particular trade in this case, and another identifier, following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still widely referred to as EPICs. Stocks can also be identified using their SEDOL number or their ISIN, in the United States, modern letter-only ticker symbols were developed by Standard & Poors to bring a national standard to investing
11.
Borsa Istanbul
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The Borsa İstanbul is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange, the Istanbul Gold Exchange and the Derivatives Exchange of Turkey under one umbrella. It was established as a company with a founding capital of 423,234,000 on April 3,2013. Its logo is the traditional Ottoman mark for Istanbul, the tulip, shareholders of Borsa İstanbul are, 49% Government of Turkey, 41% IMKB, 5% VOB, 4% IMKB members, 1% IMKB brokers and 0. 3% IAB members. It is planned that all the Government-owned shares will be offered for sale, the ISE was founded as an autonomous, professional organization in early 1986. It is situated in a building complex in the quarter of İstinye, on the European side of Istanbul. ISE is home to 320 national companies, trading hours are 09, 30–12,30 for the first session and 14, 00–17,30 for the second session, on workdays. All ISE members are incorporated banks and brokerage houses, ISE price indices are computed and published throughout the trading session while the return indices are calculated and published at the close of the session only. The ISE National-100 Index contains both the ISE National-50 and ISE National-30 Index and is used as an indicator of the national market. The origin of a securities market in Turkey has its roots in the second half of the 19th century. The first securities market in the Ottoman Empire was established in 1866 under the name of Dersaadet Securities Exchange following the Crimean War, Dersaadet Exchange also created a medium for European investors who were seeking higher returns in the vast Ottoman markets. Following the proclamation of the Turkish Republic, a new law was enacted in 1929 to reorganize the fledgling capital markets under the new name of Istanbul Securities, soon, the Bourse became very active and contributed substantially to the funding requirements of new enterprises across the country. During the industrial drive of the subsequent decades, there was a increase in the number and size of joint stock companies. Those mature shares faced a strong and growing demand from mostly individual investors, in 1981, the Capital Market Law was enacted. The next year, the regulatory body responsible for the supervision and regulation of the Turkish securities market. A new decree was issued in October 1983 foreseeing the setting up of securities exchanges in the country, in October 1984, the Regulations for the Establishment and Functions of Securities Exchanges was published in the Official Gazette. The regulations concerning operational procedures were approved in the parliament and the Istanbul Stock Exchange was formally inaugurated at the end of 1985, there is a magnificent, four-meter high marble statue of the Bull and Bear, in front of the ISE building’s protocol entrance. Created by one of Turkey’s foremost sculptors, Mehmet Aksoy, the statue symbolizes the behavior of the stock markets. Another group of statues, sculptured by Şermin Güner, made in the honor of all existing and deceased brokers, the Istanbul Stock Exchange makes contributions to the arts by organizing exhibitions and concerts as well as sponsoring important artistic events in Istanbul
12.
Istanbul
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Istanbul, historically known as Constantinople and Byzantium, is the most populous city in Turkey and the countrys economic, cultural, and historic center. Istanbul is a city in Eurasia, straddling the Bosphorus strait between the Sea of Marmara and the Black Sea. Its commercial and historical center lies on the European side and about a third of its population lives on the Asian side, the city is the administrative center of the Istanbul Metropolitan Municipality, both hosting a population of around 14.7 million residents. Istanbul is one of the worlds most populous cities and ranks as the worlds 7th-largest city proper, founded under the name of Byzantion on the Sarayburnu promontory around 660 BCE, the city developed to become one of the most significant in history. After its reestablishment as Constantinople in 330 CE, it served as a capital for almost 16 centuries, during the Roman and Byzantine, the Latin. Overlooked for the new capital Ankara during the period, the city has since regained much of its prominence. The population of the city has increased tenfold since the 1950s, as migrants from across Anatolia have moved in, arts, music, film, and cultural festivals were established at the end of the 20th century and continue to be hosted by the city today. Infrastructure improvements have produced a complex transportation network, considered a global city, Istanbul has one of the fastest-growing metropolitan economies in the world. It hosts the headquarters of many Turkish companies and media outlets and accounts for more than a quarter of the gross domestic product. Hoping to capitalize on its revitalization and rapid expansion, Istanbul has bid for the Summer Olympics five times in twenty years, the first known name of the city is Byzantium, the name given to it at its foundation by Megarean colonists around 660 BCE. The name is thought to be derived from a personal name, ancient Greek tradition refers to a legendary king of that name as the leader of the Greek colonists. Modern scholars have hypothesized that the name of Byzas was of local Thracian or Illyrian origin. He also attempted to promote the name Nova Roma and its Greek version Νέα Ῥώμη Nea Romē, the use of Constantinople to refer to the city during the Ottoman period is now considered politically incorrect, even if not historically inaccurate, by Turks. By the 19th century, the city had acquired other names used by foreigners or Turks. Europeans used Constantinople to refer to the whole of the city, pera was used to describe the area between the Golden Horn and the Bosphorus, but Turks also used the name Beyoğlu. The name İstanbul is commonly held to derive from the Medieval Greek phrase εἰς τὴν Πόλιν and this reflected its status as the only major city in the vicinity. The importance of Constantinople in the Ottoman world was reflected by its Ottoman name Der Saadet meaning the gate to Prosperity in Ottoman. An alternative view is that the name evolved directly from the name Constantinople, with the first, a Turkish folk etymology traces the name to Islam bol plenty of Islam because the city was called Islambol or Islambul as the capital of the Islamic Ottoman Empire
13.
Turkey
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Turkey, officially the Republic of Turkey, is a transcontinental country in Eurasia, mainly in Anatolia in Western Asia, with a smaller portion on the Balkan peninsula in Southeast Europe. Turkey is a democratic, secular, unitary, parliamentary republic with a cultural heritage. The country is encircled by seas on three sides, the Aegean Sea is to the west, the Black Sea to the north, and the Mediterranean Sea to the south. The Bosphorus, the Sea of Marmara, and the Dardanelles, Ankara is the capital while Istanbul is the countrys largest city and main cultural and commercial centre. Approximately 70-80% of the countrys citizens identify themselves as ethnic Turks, other ethnic groups include legally recognised and unrecognised minorities. Kurds are the largest ethnic minority group, making up approximately 20% of the population, the area of Turkey has been inhabited since the Paleolithic by various ancient Anatolian civilisations, as well as Assyrians, Greeks, Thracians, Phrygians, Urartians and Armenians. After Alexander the Greats conquest, the area was Hellenized, a process continued under the Roman Empire. The Seljuk Sultanate of Rûm ruled Anatolia until the Mongol invasion in 1243, the empire reached the peak of its power in the 16th century, especially during the reign of Suleiman the Magnificent. During the war, the Ottoman government committed genocides against its Armenian, Assyrian, following the war, the conglomeration of territories and peoples that formerly comprised the Ottoman Empire was partitioned into several new states. Turkey is a member of the UN, an early member of NATO. Turkeys growing economy and diplomatic initiatives have led to its recognition as a regional power while her location has given it geopolitical, the name of Turkey is based on the ethnonym Türk. The first recorded use of the term Türk or Türük as an autonym is contained in the Old Turkic inscriptions of the Göktürks of Central Asia, the English name Turkey first appeared in the late 14th century and is derived from Medieval Latin Turchia. Similarly, the medieval Khazar Empire, a Turkic state on the shores of the Black. The medieval Arabs referred to the Mamluk Sultanate as al-Dawla al-Turkiyya, the Ottoman Empire was sometimes referred to as Turkey or the Turkish Empire among its European contemporaries. The Anatolian peninsula, comprising most of modern Turkey, is one of the oldest permanently settled regions in the world, various ancient Anatolian populations have lived in Anatolia, from at least the Neolithic period until the Hellenistic period. Many of these peoples spoke the Anatolian languages, a branch of the larger Indo-European language family, in fact, given the antiquity of the Indo-European Hittite and Luwian languages, some scholars have proposed Anatolia as the hypothetical centre from which the Indo-European languages radiated. The European part of Turkey, called Eastern Thrace, has also been inhabited since at least forty years ago. It is the largest and best-preserved Neolithic site found to date, the settlement of Troy started in the Neolithic Age and continued into the Iron Age
14.
Chairman
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The chairman is the highest officer of an organized group such as a board, a committee, or a deliberative assembly. The person holding the office is elected or appointed by the members of the group. The chair presides over meetings of the group and conducts its business in an orderly fashion. When the group is not in session, the officers duties include acting as its head, its representative to the outside world. In some organizations, this position is called president, in others, where a board appoints a president. Other terms sometimes used for the office and its holder include chair, chairperson, chairwoman, presiding officer, president, moderator, facilitator, the chairman of a parliamentary chamber is often called the speaker. The term chair is used in lieu of chairman, in response to criticisms that using chairman is sexist. In his 1992 State of the Union address, then-U. S, president George H. W. Bush used chairman for men and chair for women. A1994 Canadian study found the Toronto Star newspaper referring to most presiding men as chairman, the Chronicle of Higher Education uses chairman for men and chairperson for women. An analysis of the British National Corpus found chairman used 1,142 times, chairperson 130 times, the National Association of Parliamentarians does not approve using chairperson. In World Schools Style debating, male chairs are called Mr. Chairman, the FranklinCovey Style Guide for Business and Technical Communication, as well as the American Psychological Association style guide, advocate using chair or chairperson, rather than chairman. The Oxford Dictionary of American Usage and Style suggests that the forms are gaining ground. It advocates using chair to refer both to men and to women, the word chair can refer to the place from which the holder of the office presides, whether on a chair, at a lectern, or elsewhere. During meetings, the person presiding is said to be in the chair and is referred to as the chair. Major dictionaries state that the word derives from chair and man, some authorities, however, including Riddicks Rules of Procedure, suggest that the second part of chairman derives from the Latin manus, and thus claim gender-neutrality for the word. Vladimir Lenin, for example, officially functioned as the head of Soviet Russia not as tsar or as president, note in particular the popular standard method for referring to Mao Zedong, Chairman Mao. In the absence of the chairman and vice chairman, groups sometimes elect a chairman pro tempore to fill the role for a single meeting. In some organizations that have titles, deputy chairman ranks higher than vice chairman, as there are often multiple vice chairs
15.
Revenue
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In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover, some companies receive revenue from interest, royalties, or other fees. Revenue may refer to income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in Last year. Profits or net income generally imply total revenue minus total expenses in a given period, in accounting, revenue is often referred to as the top line due to its position on the income statement at the very top. This is to be contrasted with the line which denotes net income. For non-profit organizations, annual revenue may be referred to as gross receipts, in general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time, tax revenue is income that a government receives from taxpayers. In more formal usage, revenue is a calculation or estimation of periodic income based on a standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual basis accounting, corporations that offer shares for sale to the public are usually required by law to report revenue based on generally accepted accounting principles or International Financial Reporting Standards. In a double-entry bookkeeping system, revenue accounts are general ledger accounts that are summarized periodically under the heading Revenue or Revenues on an income statement, Revenue account names describe the type of revenue, such as Repair service revenue, Rent revenue earned or Sales. Money income from activities that are ordinary for a corporation, company, partnership. For some businesses, such as manufacturing and/or grocery, most revenue is from the sale of goods, service businesses such as law firms and barber shops receive most of their revenue from rendering services. Lending businesses such as car rentals and banks receive most of their revenue from fees, Revenues from a businesss primary activities are reported as sales, sales revenue or net sales. This includes product returns and discounts for early payment of invoices, most businesses also have revenue that is incidental to the businesss primary activities, such as interest earned on deposits in a demand account. This is included in revenue but not included in net sales, Sales revenue does not include sales tax collected by the business. Other revenue is revenue from peripheral operations, for example, a company that manufactures and sells automobiles would record the revenue from the sale of an automobile as regular revenue. The combination of all the revenue generating systems of a business is called its revenue model, Revenue is a crucial part of financial statement analysis. The company’s performance is measured to the extent to which its asset inflows compare with its asset outflows, net income is the result of this equation, but revenue typically enjoys equal attention during a standard earnings call
16.
United States dollar
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The United States dollar is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent units, the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. The U. S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain pure or 416 grain standard silver, the currency most used in international transactions, it is the worlds primary reserve currency. Several countries use it as their currency, and in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean, the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while the country mints its own coins, or also accepts U. S. coins that can be used as payment in U. S. dollars. After Nixon shock of 1971, USD became fiat currency, Article I, Section 8 of the U. S. Constitution provides that the Congress has the power To coin money, laws implementing this power are currently codified at 31 U. S. C. Section 5112 prescribes the forms in which the United States dollars should be issued and these coins are both designated in Section 5112 as legal tender in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, the pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins and these other coins are more fully described in Coins of the United States dollar. The Constitution provides that a regular Statement and Account of the Receipts and that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the Statements are currently being expressed in U. S. dollars, the U. S. dollar may therefore be described as the unit of account of the United States. The word dollar is one of the words in the first paragraph of Section 9 of Article I of the Constitution, there, dollars is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U. S. Congress passed a Coinage Act, Section 20 of the act provided, That the money of account of the United States shall be expressed in dollars, or units. And that all accounts in the offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. In other words, this act designated the United States dollar as the unit of currency of the United States, unlike the Spanish milled dollar the U. S. dollar is based upon a decimal system of values. Both one-dollar coins and notes are produced today, although the form is significantly more common
17.
Earnings before interest and taxes
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In accounting and finance, earnings before interest and taxes, is a measure of a firms profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses, when a firm does not have non-operating income, then operating income is sometimes used as a synonym for EBIT and operating profit. To calculate EBIT, expenses are subtracted from revenues, net income is later obtained by subtracting interest and taxes from the result
18.
Net income
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In business, net income is an entitys income minus cost of goods sold, expenses and taxes for an accounting period. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit, net income is a distinct accounting concept from profit but the same as net profit. Net income can also be calculated by adding a companys operating income to non-operating income, net income can be distributed among holders of common stock as a dividend or held by the firm as an addition to retained earnings. As profit and earnings are used synonymously for income, net earnings, often, the term income is substituted for net income, yet this is not preferred due to the possible ambiguity. Net income is called the bottom line because it is typically found on the last line of a companys income statement. The items deducted will typically include tax expense, financing expense, likewise, preferred stock dividends will be subtracted too, though they are not an expense. For a merchandising company, subtracted costs may be the cost of goods sold, sales discounts, for a product company advertising, manufacturing, and design and development costs are included
19.
Asset
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In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value, simply stated, assets represent value of ownership that can be converted into cash. The balance sheet of a firm records the value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business, one can classify assets into two major asset classes, tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets, current assets include inventory, while fixed assets include such items as buildings and equipment. Intangible assets are resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, an asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. One of the most widely accepted accounting definitions of asset is the one used by the International Accounting Standards Board, employees are not considered assets like machinery is, even though they can generate future economic benefits. This is because an entity does not have sufficient control over its employees to satisfy the Frameworks definition of an asset, similarly, in economics an asset is any form in which wealth can be held. The accounting equation is the structure of the balance sheet. It relates assets, liabilities, and owners equity, Assets = Liabilities + Capital Liabilities = Assets − Capital Equity = Assets − Liabilities Assets are listed on the balance sheet. On a companys balance sheet certain divisions are required by generally accepted accounting principles, Assets can be divided into e. g. current assets and fixed assets, often with further subdivisions such as cash, receivables and inventory. Assets are formally controlled and managed within larger organizations via the use of asset tracking tools and these monitor the purchasing, upgrading, servicing, licensing, disposal etc. of both physical and non-physical assets. Current assets are cash and other assets expected to be converted to cash or consumed either in a year or in the operating cycle and these assets are continually turned over in the course of a business during normal business activity. There are 5 major items included into current assets, Cash and cash equivalents – it is the most liquid asset, which includes currency, deposit accounts, short-term investments – include securities bought and held for sale in the near future to generate income on short-term price differences. Receivables – usually reported as net of allowance for non-collectable accounts, inventory – trading these assets is a normal business of a company. The inventory value reported on the sheet is usually the historical cost or fair market value. This is known as the lower of cost or market rule, prepaid expenses – these are expenses paid in cash and recorded as assets before they are used or consumed
20.
Equity (finance)
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In accounting, equity is the difference between the value of the assets and the value of the liabilities of something owed. Equity can be negative if liabilities exceeds assets, shareholders equity represents the equity of a company as divided among shareholders of common or preferred stock. Negative shareholders equity is often referred to as a shareholders deficit, alternatively, equity can also refer to the capital stock of a corporation. The value of the stock depends on the future economic prospects. For a company in liquidation proceedings, the equity is that which remains after all liabilities have been paid, when starting a business, the owners fund the business to finance various operations. Throughout the businesss existence, the equity of the business will be the difference between its assets and debt liabilities, this is the accounting equation, when a business liquidates during bankruptcy, the proceeds from the assets are used to reimburse creditors. The creditors are ranked by priority, with secured creditors being paid first, other creditors being paid next, owners equity is this remaining or residual claim against assets, which is paid only after all other creditors are paid. In such cases where even creditors could not get money to pay their bills. In financial accounting, owners equity consists of the net assets of an entity, net assets is the difference between the total assets and total liabilities. Equity appears on the sheet, one of the four primary financial statements. The assets of an entity can be tangible and intangible items. Intangible assets include such as brand names, copyrights or goodwill. Tangible assets include land, equipment, and cash, issue of new equity in which the firm obtains new capital increases the total shareholders equity. Share repurchases, in which a firm returns money to investors, reducing on the side its financial assets. For practical purposes, share repurchasing is similar to a dividend payment, rather than giving money to all shareholders immediately in the form of a dividend payment, a share repurchase reduces the number of shares outstanding. Dividends paid out to preferred stock owners are considered an expense to be subtracted from net income, sometimes assets bought and held in other countries get translated back into the reporting currency at different exchange rates, resulting in a changed value. When the owners are shareholders, the interest can be called shareholders equity, the remains the same. If all shareholders are in one and the class, they share equally in ownership equity from all perspectives
21.
Turkish language
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Outside of Turkey, significant smaller groups of speakers exist in Germany, Bulgaria, Macedonia, Northern Cyprus, Greece, the Caucasus, and other parts of Europe and Central Asia. Cyprus has requested that the European Union add Turkish as an official EU language, in 1928, as one of Atatürks Reforms in the early years of the Republic of Turkey, the Ottoman Turkish alphabet was replaced with a Latin alphabet. The distinctive characteristics of Turkish are vowel harmony and extensive agglutination, the basic word order of Turkish is subject–object–verb. Turkish has no classes or grammatical gender. Turkish has a strong T–V distinction and usage of honorifics, Turkish uses second-person pronouns that distinguish varying levels of politeness, social distance, age, courtesy or familiarity toward the addressee. The plural second-person pronoun and verb forms are used referring to a person out of respect. Turkic languages belong to the Altaic language group, the Turkic family comprises some 30 living languages spoken across Eastern Europe, Central Asia, and Siberia. Turkish is a member of the Oghuz group of languages, a subgroup of the Turkic language family, there is a high degree of mutual intelligibility between Turkish and the other Oghuz Turkic languages, including Azerbaijani, Turkmen, Qashqai, Gagauz, and Balkan Gagauz Turkish. The earliest known Old Turkic inscriptions are the three monumental Orkhon inscriptions found in modern Mongolia, erected in honour of the prince Kul Tigin and his brother Emperor Bilge Khagan, these date back to the second Turk Kaghanate. The Seljuqs of the Oghuz Turks, in particular, brought their language, following the adoption of Islam c. Turkish literature during the Ottoman period, particularly Divan poetry, was influenced by Persian, including the adoption of poetic meters. One of the tasks of the newly established association was to initiate a reform to replace loanwords of Arabic. By banning the usage of imported words in the press, the association succeeded in removing several hundred words from the language. While most of the words introduced to the language by the TDK were newly derived from Turkic roots, owing to this sudden change in the language, older and younger people in Turkey started to differ in their vocabularies. While the generations born before the 1940s tend to use the terms of Arabic or Persian origin. The past few decades have seen the work of the TDK to coin new Turkish words to express new concepts and technologies as they enter the language. Many of these new words, particularly information technology terms, have received widespread acceptance, however, the TDK is occasionally criticized for coining words which sound contrived and artificial. Some earlier changes—such as bölem to replace fırka, political party—also failed to meet with popular approval, some words restored from Old Turkic have taken on specialized meanings, for example betik is now used to mean script in computer science
22.
Flag carrier
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The term also refers to any carrier that is or was owned by a government, even long after their privatization when preferential rights or privileges continue. Flag carriers may be known as such due to maritime law requiring all aircraft or ships to display the flag of the country of their registry. A flag carrier may also be known as an airline or a national carrier. The first definition is rooted in the fact that pursuant to Article 17 of the Convention on International Civil Aviation aircraft have the nationality of the state in which they are registered. U. S. law requires American air carriers to operate aircraft registered in the United States and most countries have similar laws. Article 3 of Tokyo Convention declares that The State of registration is competent to exercise jurisdiction over “offenses, the American definition of U. S. -flag air carrier service contained in 48 CFR47. 403-1. is based on this first definition. The U. S. requirements under the Fly America Act, are consistent with requiring that Title 18 of the United States Code would protect U. S. government employees on flights to foreign countries. The second and more broadly used definition of flag carrier is a legacy of the time when countries established state-owned airline companies, governments then took the lead due to the high capital costs of establishing and running airlines. However, not all such airlines were government-owned, Pan Am, TWA, Cathay Pacific, Union de Transports Aériens, Canadian Pacific Air Lines and Olympic Airlines were all privately owned. Most of these were considered to be flag carriers as they were the national airline. The heavily regulated aviation industry also meant aviation rights are negotiated between governments, denying airlines the right to an open market. Some countries also establish flag carriers such as Israels El Al or Lebanons Middle East Airlines for nationalist reasons, or to aid the countrys economy, in many cases, governments would directly assist in the growth of their flag carriers typically through subsidies and other fiscal incentives. The establishment of competitors in the form of other locally registered airlines may be prohibited, in the last two decades, however, many of these airlines have since been corporatized as a public company or a state-owned enterprise, or completely privatized. One of the features of such agreements is the right of a country to designate multiple airlines to serve routes with the result that there is no single flag carrier. The chart below lists airlines considered to be a carrier, based on current or former state ownership. International Air Transport Association US Maritime Administration
23.
Airline
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An airline is a company that provides air transport services for traveling passengers and freight. Airlines utilize aircraft to supply services and may form partnerships or alliances with other airlines for codeshare agreements. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body, Airlines vary in size, from small domestic airlines to full-service international airlines. Airline services can be categorized as being intercontinental, domestic, regional, or international, the largest airline currently is American Airlines Group. DELAG, Deutsche Luftschiffahrts-Aktiengesellschaft was the worlds first airline and it was founded on November 16,1909 with government assistance, and operated airships manufactured by The Zeppelin Corporation. The first fixed wing scheduled air service was started on January 1,1914 from St. Petersburg, Florida to Tampa, the four oldest non-dirigible airlines that still exist are Netherlands KLM, Colombias Avianca, Australias Qantas, and the Czech Republics Czech Airlines. The earliest fixed wing airline in Europe was the Aircraft Transport and Travel, using a fleet of former military Airco DH. 4A biplanes that had been modified to carry two passengers in the fuselage, it operated relief flights between Folkestone and Ghent. On 15 July 1919, the company flew a proving flight across the English Channel, flown by Lt. H Shaw in an Airco DH.9 between RAF Hendon and Paris - Le Bourget Airport, the flight took 2 hours and 30 minutes at £21 per passenger. On 25 August 1919, the company used DH. 16s to pioneer a regular service from Hounslow Heath Aerodrome to Le Bourget, the airline soon gained a reputation for reliability, despite problems with bad weather and began to attract European competition. In November 1919, it won the first British civil airmail contract, six Royal Air Force Airco DH. 9A aircraft were lent to the company, to operate the airmail service between Hawkinge and Cologne. In 1920, they were returned to the Royal Air Force, the first French airline was Société des lignes Latécoère, later known as Aéropostale, which started its first service in late 1918 to Spain. The first German airline to use heavier than air aircraft was Deutsche Luft-Reederei established in 1917 which started operating in February 1919, in its first year, the D. L. R. Operated regularly scheduled flights on routes with a length of nearly 1000 miles. Network was more than 3000 km long, and included destinations in the Netherlands, Scandinavia, another important German airline was Junkers Luftverkehr, which began operations in 1921. It was a division of the aircraft manufacturer Junkers, which became a company in 1924. It operated joint-venture airlines in Austria, Denmark, Estonia, Finland, Hungary, Latvia, Norway, Poland, Sweden, the Dutch airline KLM made its first flight in 1920, and is the oldest continuously operating airline in the world. Established by aviator Albert Plesman, it was awarded a Royal predicate from Queen Wilhelmina. Its first flight was from Croydon Airport, London to Amsterdam, using a leased Aircraft Transport and Travel DH-16, in 1921, KLM started scheduled services
24.
Europe
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Europe is a continent that comprises the westernmost part of Eurasia. Europe is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, yet the non-oceanic borders of Europe—a concept dating back to classical antiquity—are arbitrary. Europe covers about 10,180,000 square kilometres, or 2% of the Earths surface, politically, Europe is divided into about fifty sovereign states of which the Russian Federation is the largest and most populous, spanning 39% of the continent and comprising 15% of its population. Europe had a population of about 740 million as of 2015. Further from the sea, seasonal differences are more noticeable than close to the coast, Europe, in particular ancient Greece, was the birthplace of Western civilization. The fall of the Western Roman Empire, during the period, marked the end of ancient history. Renaissance humanism, exploration, art, and science led to the modern era, from the Age of Discovery onwards, Europe played a predominant role in global affairs. Between the 16th and 20th centuries, European powers controlled at times the Americas, most of Africa, Oceania. The Industrial Revolution, which began in Great Britain at the end of the 18th century, gave rise to economic, cultural, and social change in Western Europe. During the Cold War, Europe was divided along the Iron Curtain between NATO in the west and the Warsaw Pact in the east, until the revolutions of 1989 and fall of the Berlin Wall. In 1955, the Council of Europe was formed following a speech by Sir Winston Churchill and it includes all states except for Belarus, Kazakhstan and Vatican City. Further European integration by some states led to the formation of the European Union, the EU originated in Western Europe but has been expanding eastward since the fall of the Soviet Union in 1991. The European Anthem is Ode to Joy and states celebrate peace, in classical Greek mythology, Europa is the name of either a Phoenician princess or of a queen of Crete. The name contains the elements εὐρύς, wide, broad and ὤψ eye, broad has been an epithet of Earth herself in the reconstructed Proto-Indo-European religion and the poetry devoted to it. For the second part also the divine attributes of grey-eyed Athena or ox-eyed Hera. The same naming motive according to cartographic convention appears in Greek Ανατολή, Martin Litchfield West stated that phonologically, the match between Europas name and any form of the Semitic word is very poor. Next to these there is also a Proto-Indo-European root *h1regʷos, meaning darkness. Most major world languages use words derived from Eurṓpē or Europa to refer to the continent, in some Turkic languages the originally Persian name Frangistan is used casually in referring to much of Europe, besides official names such as Avrupa or Evropa
25.
Asia
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Asia covers an area of 44,579,000 square kilometres, about 30% of Earths total land area and 8. 7% of the Earths total surface area. The continent, which has long been home to the majority of the population, was the site of many of the first civilizations. Asia is notable for not only its large size and population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, the western boundary with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. The most commonly accepted boundaries place Asia to the east of the Suez Canal, the Ural River, and the Ural Mountains, and south of the Caucasus Mountains, China and India alternated in being the largest economies in the world from 1 to 1800 A. D. The accidental discovery of America by Columbus in search for India demonstrates this deep fascination, the Silk Road became the main East-West trading route in the Asian hitherland while the Straits of Malacca stood as a major sea route. Asia has exhibited economic dynamism as well as robust population growth during the 20th century, given its size and diversity, the concept of Asia—a name dating back to classical antiquity—may actually have more to do with human geography than physical geography. Asia varies greatly across and within its regions with regard to ethnic groups, cultures, environments, economics, historical ties, the boundary between Asia and Africa is the Red Sea, the Gulf of Suez, and the Suez Canal. This makes Egypt a transcontinental country, with the Sinai peninsula in Asia, the border between Asia and Europe was historically defined by European academics. In Sweden, five years after Peters death, in 1730 Philip Johan von Strahlenberg published a new atlas proposing the Urals as the border of Asia, the Russians were enthusiastic about the concept, which allowed them to keep their European identity in geography. Tatishchev announced that he had proposed the idea to von Strahlenberg, the latter had suggested the Emba River as the lower boundary. Over the next century various proposals were made until the Ural River prevailed in the mid-19th century, the border had been moved perforce from the Black Sea to the Caspian Sea into which the Ural River projects. The border between the Black Sea and the Caspian is usually placed along the crest of the Caucasus Mountains, the border between Asia and the loosely defined region of Oceania is usually placed somewhere in the Malay Archipelago. The terms Southeast Asia and Oceania, devised in the 19th century, have had several different geographic meanings since their inception. The chief factor in determining which islands of the Malay Archipelago are Asian has been the location of the possessions of the various empires there. Lewis and Wigen assert, The narrowing of Southeast Asia to its present boundaries was thus a gradual process, Asia is larger and more culturally diverse than Europe. It does not exactly correspond to the borders of its various types of constituents. From the time of Herodotus a minority of geographers have rejected the three-continent system on the grounds there is no or is no substantial physical separation between them
26.
Africa
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Africa is the worlds second-largest and second-most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earths total surface area and 20.4 % of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the human population. The continent includes Madagascar and various archipelagos and it contains 54 fully recognized sovereign states, nine territories and two de facto independent states with limited or no recognition. Africas population is the youngest amongst all the continents, the age in 2012 was 19.7. Algeria is Africas largest country by area, and Nigeria by population, afarensis, Homo erectus, H. habilis and H. ergaster – with the earliest Homo sapiens found in Ethiopia being dated to circa 200,000 years ago. Africa straddles the equator and encompasses numerous climate areas, it is the continent to stretch from the northern temperate to southern temperate zones. Africa hosts a diversity of ethnicities, cultures and languages. In the late 19th century European countries colonized most of Africa, Africa also varies greatly with regard to environments, economics, historical ties and government systems. However, most present states in Africa originate from a process of decolonization in the 20th century, afri was a Latin name used to refer to the inhabitants of Africa, which in its widest sense referred to all lands south of the Mediterranean. This name seems to have referred to a native Libyan tribe. The name is connected with Hebrew or Phoenician ʿafar dust. The same word may be found in the name of the Banu Ifran from Algeria and Tripolitania, under Roman rule, Carthage became the capital of the province of Africa Proconsularis, which also included the coastal part of modern Libya. The Latin suffix -ica can sometimes be used to denote a land, the later Muslim kingdom of Ifriqiya, modern-day Tunisia, also preserved a form of the name. According to the Romans, Africa lay to the west of Egypt, while Asia was used to refer to Anatolia, as Europeans came to understand the real extent of the continent, the idea of Africa expanded with their knowledge. 25,4, whose descendants, he claimed, had invaded Libya, isidore of Seville in Etymologiae XIV.5.2. Suggests Africa comes from the Latin aprica, meaning sunny, massey, in 1881, stated that Africa is derived from the Egyptian af-rui-ka, meaning to turn toward the opening of the Ka. The Ka is the double of every person and the opening of the Ka refers to a womb or birthplace
27.
Americas
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The Americas, also collectively called America, encompass the totality of the continents of North America and South America. Together they make up most of the land in Earths western hemisphere, along with their associated islands, they cover 8% of Earths total surface area and 28. 4% of its land area. The topography is dominated by the American Cordillera, a chain of mountains that runs the length of the west coast. The flatter eastern side of the Americas is dominated by river basins, such as the Amazon, St. Lawrence River / Great Lakes basin, Mississippi. Humans first settled the Americas from Asia between 42,000 and 17,000 years ago, a second migration of Na-Dene speakers followed later from Asia. The subsequent migration of the Inuit into the neoarctic around 3500 BCE completed what is regarded as the settlement by the indigenous peoples of the Americas. The first known European settlement in the Americas was by the Norse explorer Leif Ericson, however, the colonization never became permanent and was later abandoned. The voyages of Christopher Columbus from 1492 to 1502 resulted in permanent contact with European powers, diseases introduced from Europe and Africa devastated the indigenous peoples, and the European powers colonized the Americas. Mass emigration from Europe, including numbers of indentured servants. Decolonization of the Americas began with the American Revolution in 1776, the population is over 1 billion, with over 65% of them living in one of the three most populous countries. As of the beginning of the 2010s, the most populous urban agglomerations are Mexico City, New York, Sao Paulo, Los Angeles, Buenos Aires and Rio de Janeiro, all of them megacities. The name America was first recorded in 1507 in the Cosmographiae Introductio, apparently written by Matthias Ringmann and it first applied to both North and South America by Gerardus Mercator in 1538. Amerigen means land of Amerigo and derives from Amerigo and gen, America accorded with the feminine names of Asia, Africa, and Europa. When conceived as a continent, the form is generally the continent of America in the singular. However, without a context, singular America in English commonly refers to the United States of America. In some countries of the world, America is considered a continent encompassing the North America and South America subcontinents, the first inhabitants migrated into the Americas from Asia. Habitation sites are known in Alaska and the Yukon from at least 20,000 years ago, beyond that, the specifics of the Paleo-Indian migration to and throughout the Americas, including the dates and routes traveled, are subject to ongoing research and discussion. Widespread habitation of the Americas occurred during the glacial maximum
28.
World's largest airlines
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The worlds largest airlines can be defined in several ways. American Airlines Group is the largest by its size, revenue, profit, passengers carried. Delta Air Lines is the largest by value and market capitalization. Note that Emirates Airlines is a company and is thus not included in this list of public companies. Its 2014-2015 revenue was DH88.819 billion, profit DH4.555 billion, LATAM carried 67.833 million passengers in 2014, more than China Eastern, and Turkish Airlines 54.675, more than Air China. These reports are not given by the IATA and could be from multiple air operators certificates
29.
Cargo aircraft
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A cargo aircraft is a fixed-wing aircraft that is designed or converted for the carriage of cargo rather than passengers. Such aircraft usually do not incorporate passenger amenities and generally one or more large doors for loading cargo. Freighters may be operated by passenger or cargo airlines, by private individuals or by the armed forces of individual countries. Cargo aircraft represent a small proportion of the air freight market. The majority is carried in special ULD containers in the holds of normal passenger aircraft. Aircraft were put to use carrying cargo in the form of air mail as early as 1911, although the earliest aircraft were not designed primarily as cargo carriers, by the mid-1920s aircraft manufacturers were designing and building dedicated cargo aircraft. The Vickers Vernon, a development of the Vickers Vimy Commercial, in February 1923 this was put to use by the RAFs Iraq Command who flew nearly 500 Sikh troops from Kingarban to Kirkuk in the first ever strategic airlift of troops. The Victorians also helped to pioneer air routes for Imperial Airways Handley Page HP.42 airliners, the World War II German design, the Arado Ar 232 was the first purpose built cargo aircraft. The Ar 232 was intended to supplant the earlier Junkers Ju 52 freighter conversions, most other forces used freighter versions of airliners in the cargo role as well, most notably the C-47 Skytrain version of the Douglas DC-3, which served with practically every Allied nation. This aircraft, like most of its era, used tail-dragger landing gear caused the aircraft to have a decided rearward tilt when landed. A similar rear loading ramp even appeared in a different form on the nosewheel gear-equipped. Postwar Europe also served to play a role in the development of the modern air cargo. To rapidly supply the numbers of aircraft, many older types. In operation it was found that it took as long or longer to unload these older designs as the much larger tricycle landing gear Douglas C-54 Skymaster which was easier to move about in when landed. The C-47s were quickly removed from service, and from then on flat-decks were a requirement of all new cargo designs, in the years following the war era a number of new custom-built cargo aircraft were introduced, often including some experimental features. For instance, the USs C-82 Packet featured a cargo area. Although larger, smaller and faster designs have been proposed for many years and these designs offer the ability to carry the heaviest loads, even main battle tanks, at global ranges. The Boeing 747 was originally designed to the specification as the C-5
30.
Curtiss Kingbird
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The Curtiss Model 55 Kingbird was an airliner built in small numbers in the United States in the early 1930s. It was an aircraft with a fuselage derived from the single-engine Curtiss Thrush. The Kingbird had two engine nacelles mounted on the struts on either side of the fuselage that braced the wing, a distinctive design feature was the aircrafts blunt nose, located behind the propeller arcs. This allowed the engines to be mounted closer to other and to the aircrafts centerline. Eastern Air Transport was to be the Kingbirds main operator, flying 14 of them for a few years, the United States Marine Corps also purchased an example, first designating it JC-1, then RC-1 and using it as an air ambulance. Kingbird C Prototype powered by 185 hp (138 kW six-cylinder Curtiss R-600 Challenger engines, one built, but found to be underpowered. Kingbird D-1 Second and third powered by 225 hp nine-cylinder Wright Whirlwind J-6-7 radial engines. Kingbird D-2 Production aircraft with two 300 hp Whirlwind J-6-9 engines,14 built plus two converted from D-1s. Kingbird D-3 One-off Curtiss executive transport, two 330 hp Whirlwind J-6-9 engines. Kingbird J-1 First prototype after re-engining with Whirlwind engines, Kingbird J-2 Third prototype, J-6-7 engines. Kingbird J-3 Second prototype, J-6-9 engines, RC-1 Single Kingbird D-2 for US Navy, originally ordered as JC-1, but delivered as RC-1. A contemporary technical article on the Kingbird, with details of the version with 225 hp Whirlwind J-6-7 engines
31.
Junkers F.13
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The Junkers F.13 was the worlds first all-metal transport aircraft, developed in Germany at the end of World War I. It was an advanced cantilever-wing monoplane, with enclosed accommodation for four passengers and it was in production for thirteen years and in commercial service for almost twenty. The F.13 was an advanced aircraft when built. Even later in the 1920s, it and other Junkers types were unusual as unbraced monoplanes in a biplane age and it was the worlds first all-metal passenger aircraft and Junkers first commercial aircraft. The designation letter F stood for Flugzeug, aircraft, it was the first Junkers aeroplane to use this system, earlier Junkers notation labelled it J13. Russian-built aircraft used the designation Ju 13, internally, the wing was built up on nine circular cross-section duralumin spars with transverse bracing. All control surfaces were horn balanced, behind the single engine was a semi-enclosed cockpit for the crew, roofed but without side glazing. There was an enclosed and heated cabin for four passengers with windows, passenger seats were fitted with seat belts, unusual for the time. The F.13 used a fixed conventional landing gear with a rear skid. The F13 first flew on 25 June 1919, powered by a 127 kW Mercedes D IIIa inline upright water-cooled engine, the first production machines had a wing of greater span and area and had the more powerful 140 kW BMW IIIa upright inline water-cooled motor. Many variants were built using Mercedes, BMW, and Junkers liquid-cooled inline engines, the variants were mostly distinguished by a two letter code, the first letter signifying the airframe and the second the engine. Junkers L5-engined variants all had the second letter -e, so type -fe was the long fuselage -f airframe with a L5 engine. Any manufacturer of civil aircraft immediately after World War I was faced with competition from the large numbers of surplus warplanes that might be cheaply converted – for example. Junkers picked up orders abroad in 1919 in Austria, Poland and the USA and, in the years with SCADTA. John Larsen Aircraft in the USA purchased a licence, their machines being designated JL-6. In 1922 there were sales in England, France Italy and Japan, in Bolivia, LABs first airplane was a Junkers F-13, first flight took off from Cochabamba on September 23,1925. Junkers set up its own airline – Junkers Luftverkehr AG in 1921 – to encourage the acquisition of the F.13 by German airlines which was flying 60 of them by 1923 and they also established a branch of this airline in Iran. Other marketing techniques were used, providing F. 13s on cheap leases and free loans, when Junkers Luftverkehr merged into Luft Hansa in 1926,9.5 million miles had been flown by them
32.
Tupolev ANT-9
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The Tupolev ANT-9 was a Soviet passenger aircraft of the 1930s. It was developed as a reaction to the demand for a domestic airliner, at this time Deruluft, one of the forerunners of Aeroflot, flew only with foreign models, which were mainly German or Dutch. Design work began in December 1927, the first prototype, named Krylia Sovietov used three French Gnome-Rhone Titan radial engines. It was presented to the public on 1 May 1929 at Red Square and it went to the flight testing. In the first series 12 aircraft were built, in production, the Titan engines were replaced with M-26 engines, but these proved too unreliable and were replaced with imported Wright Whirlwind engines. Two of these airplanes were used by Deruluft, starting from 1933 on the Berlin-Moscow service and it carried eight passengers over a distance of 9,037 km, in 53 flying hours with an average speed of 177 km/h. In September 1930, testing of the Wright-powered version of the ANT-9 was completed, a few were used as executive transports for the Soviet Air Forces. A military variant with standard and retractable turrets was under construction, an ambulance version was studied and considered, but never built. In 1932, GVF engineer Sergei Ivanovich Komarov proposed a modification of the ANT-9 wing to accommodate two M-17 engines, similar to what was done on the R-6, production began in 1933 as the PS-9. The number of aircraft built amounted to about 70 machines, up to the beginning of the German invasion of the Soviet Union, they served as passenger or staff airplanes mainly on routes in Central Asia and the Caucasus. Afterwards they were used until 1943 as transportation and medical airplanes, one PS-9 was modified into a propaganda aircraft named Krokodil with a reptile-like plywood nose
33.
Fokker F27 Friendship
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The Fokker F27 Friendship is a turboprop airliner developed and manufactured by the Dutch aircraft manufacturer Fokker. It has the distinction of being the most numerous aircraft to have been manufactured in the Netherlands. Innovative manufacturing techniques were employed in the aircrafts construction. On 24 November 1955, the F27 performed its maiden flight, on 19 November 1958, shortly after its introduction, the F27 was recognised as being a commercial success. During the 1980s, Fokker developed a successor to the F27, the Fokker 50. In the aftermath of the Second World War, twin-engine all-metal monoplanes such as the successful Douglas DC-3 airliner dominated commuter aviation. Over 10,000 DC-3s had been manufactured during wartime, what had led to the type being highly available, by 1951, figures within Fokker were urging that design work be undertaken on a prospective 32-seat airliner intended as a direct replacement for the popular DC-3. Fokker sought the opinions of a number of existing DC-3 operators on what performance increases, on the basis of this feedback, the design team chose to incorporate various new technologies into the tentative design. In 1953, the proposed airliner received the name Friendship, on 24 November 1955, the first prototype, registered PH-NIV, performed its maiden flight. The second prototype and initial production machines were 0 and these aircraft were also powered by the Dart Mk 528 engine, which was capable of generating greater thrust. Throughout the F27s production life, Fokker F27 proceeded to adapt the design for various purposes and roles, the adaption of the type to produce several models for the purpose of performing as a military transport were also produced. Fokker also chose to design a model of the F27 for conducting maritime reconnaissance missions. During 1952, Fokker established a relationship with the American aircraft manufacturer Fairchild, in 1956, Fokker signed a licensing deal with Fairchild, under which the latter was authorised to manufacture the F27 in the USA. On 12 April 1958, the first American-built aircraft conducted its first flight, production of Fairchild built aircraft would continue until July 1973. Fairchild proceeded to developed a stretched version of the airliner. The majority of sales completed by Fairchild fell within the North American market, in the early 1980s, Fokker decided to develop a modernised successor to the F27 Friendship, designated as the Fokker 50. The Fokker 50 ultimately replaced the F27 in production, in November 1958, the first production aircraft, an F27-100 model, was delivered to Irish airline Aer Lingus, it performed its first revenue flight in the following month. In 1960, demand for the F27 increased rapidly as multiple airlines placed orders for the type
34.
Douglas DC-3
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The Douglas DC-3 is a fixed-wing propeller-driven airliner. Its cruise speed and range revolutionized air transport in the 1930s and 1940s and its lasting effect on the airline industry and World War II makes it one of the most significant transport aircraft ever made. The DC-3 was a twin-engine metal monoplane, developed as a larger and it had many exceptional qualities compared to previous aircraft. It was fast, had a range and could operate from short runways. It was reliable and easy to maintain and carried passengers in greater comfort, before the war it pioneered many air travel routes. Civil DC-3 production ended in 1942 with 607 aircraft being produced, however, together with its military derivative, the C-47 Skytrain, and with Russian- and Japanese-built versions, over 16,000 were built. Following the Second World War, the market was flooded with surplus C-47s and other transport aircraft. While the DC-3 was soon made redundant on main routes by more advanced such as the Douglas DC-6 and Lockheed Constellation. Large numbers continue to see service in a variety of niche roles well into the 21st century. In 2013 it was estimated that approximately 2,000 DC-3s and military derivatives were still flying, the DC-3 was the culmination of a development effort that began after an inquiry from Transcontinental and Western Airlines to Donald Douglas. TWA asked Douglas to design and build an aircraft that would allow TWA to compete with United, Douglas design, the 1933 DC-1, was promising, and led to the DC-2 in 1934. The DC-2 was a success, but there was room for improvement, Douglas agreed to go ahead with development only after Smith informed him of Americans intention to purchase twenty aircraft. The new aircraft was engineered by a led by chief engineer Arthur E. Raymond over the next two years, and the prototype DST first flew on December 17,1935. Its cabin was 92 in wide, and a version with 21 seats instead of the 14–16 sleeping berths of the DST was given the designation DC-3, there was no prototype DC-3, the first DC-3 built followed seven DSTs off the production line and was delivered to American Airlines. The DC-3 and DST popularized air travel in the United States, eastbound transcontinental flights could cross the U. S. in about 15 hours with three refueling stops, westbound trips against the wind took 17 1⁄2 hours. A few years such a trip entailed short hops in slower and shorter-range aircraft during the day. A variety of engines were available for the DC-3. Early-production civilian aircraft used Wright R-1820 Cyclone 9s, but later used the Pratt & Whitney R-1830 Twin Wasp
US$ 10.958 billion (2017)[4]
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