UAE/TURKISH BUSINESS RELATIONS

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Dr. Nilgün Birgören Premium Member Group moderator
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Turkish Airlines posted € 387 million of profit in 2009
Turkiye's national air carrier posted 387 million euro of profit in 2009, the director general said on Saturday. Turkish Airlines (THY) director general Temel Kotil said the company made 389 million Euro of profit in 2009, becoming the top five airline companies following Air China and Ryan Air in the world that recorded the highest profit in 2009.

"Our turnover was 3.2 billion Euro, and revenues were 2.8 billion Euro in 2009," Kotil told AA correspondent.
Kotil said Air France, American Airlines, Iberia, British Airways, Singapore Airlines and Delta closed 2009 with losses, whereas the profits of Emirates, Korean Air and Lufthansa were below that of THY.

The director general said 33 percent of passengers arriving at Istanbul's Ataturk Airport was transit passengers, and if this trend continued, THY would start serving international market more than domestic market.

"When all airports in Europe shrank in 2009, Ataturk Airport grew 5.2 percent and the number of passengers the THY was carrying from this airport was up 10 percent," he said.

Kotil said Istanbul could become a global transit point in 2023, and THY was ranked the 13th in world aviation.
The director general said THY's market share in Europe was up to 8.5 percent from 4 percent, and enumerated the reason of their success as lowering expenditures, giving high-quality service, becoming a brand.

Kotil also referred to THY's performance in the first quarter of 2010, and said THY's passengers were up 26 percent when compared with the same period of 2009 and reached 6.2 million.

The airliner carried 4.9 million passengers in the first quarter of 2009.

Kotil said the number of business class and transit passengers in international lines was up 32 and 37 percent respectively in the mentioned period."Although March was not so busy, we reached the number of passengers we carried last June," he said.

Kotil said, "we want to carry THY, which is actually the fourth biggest airliner in Europe, to the third place with this performance."

THY carried a total of 6,155,000 passengers in the first quarter of 2010, including 2,012,000 passengers in January, 1,912,000 in February and 2,231,000 in March.

British Airways, the third biggest European airline company, carried 6,667,000 passengers in the same period.
Based in Istanbul, Turkish Airlines is one of the fastest growing and prosperous airlines in the world. It carries approximately 25 million passengers a year, with direct flights to 120 international and 37 domestic destinations.

The airline was founded in 1933 with a fleet of five airplanes that carried a total of 28 passengers. The airline made its first domestic flight in 1933 and the first international flight in 1947.

Source:AA
- 10 Apr 2010, 5:24 pm
Dr. Nilgün Birgören wrote: > Turkiye's national air carrier posted 387 million euro of profit in > 2009, the director general said on Saturday. Turkish Airlines (THY) > director general Temel Kotil said the company made 389 million Euro > of profit in 2009, becoming the top five airline companies following > Air China and Ryan Air in the world that recorded the highest profit > in 2009. > > "Our turnover was 3.2 billion Euro, and revenues were 2.8 billion > Euro in 2009," Kotil told AA correspondent. > Kotil said Air France, American Airlines, Iberia, British Airways, > Singapore Airlines and Delta closed 2009 with losses, whereas the > profits of Emirates, Korean Air and Lufthansa were below that of THY. > > The director general said 33 percent of passengers arriving at > Istanbul's Ataturk Airport was transit passengers, and if this trend > continued, THY would start serving international market more than > domestic market. > > "When all airports in Europe shrank in 2009, Ataturk Airport grew 5.2 > percent and the number of passengers the THY was carrying from this > airport was up 10 percent," he said. > > Kotil said Istanbul could become a global transit point in 2023, and > THY was ranked the 13th in world aviation. > The director general said THY's market share in Europe was up to 8.5 > percent from 4 percent, and enumerated the reason of their success as > lowering expenditures, giving high-quality service, becoming a brand. > > Kotil also referred to THY's performance in the first quarter of > 2010, and said THY's passengers were up 26 percent when compared with > the same period of 2009 and reached 6.2 million. > > The airliner carried 4.9 million passengers in the first quarter of > 2009. > > Kotil said the number of business class and transit passengers in > international lines was up 32 and 37 percent respectively in the > mentioned period."Although March was not so busy, we reached the > number of passengers we carried last June," he said. > > Kotil said, "we want to carry THY, which is actually the fourth > biggest airliner in Europe, to the third place with this > performance." > > THY carried a total of 6,155,000 passengers in the first quarter of > 2010, including 2,012,000 passengers in January, 1,912,000 in > February and 2,231,000 in March. > > British Airways, the third biggest European airline company, carried > 6,667,000 passengers in the same period. > Based in Istanbul, Turkish Airlines is one of the fastest growing and > prosperous airlines in the world. It carries approximately 25 million > passengers a year, with direct flights to 120 international and 37 > domestic destinations. > > The airline was founded in 1933 with a fleet of five airplanes that > carried a total of 28 passengers. The airline made its first domestic > flight in 1933 and the first international flight in 1947. > > Source:AA

UAE/TURKISH BUSINESS RELATIONS

Turkish Airlines posted € 387 million of profit in 2009