Turkish Airlines’ Net Profit for the Year 2010 191 Million USD
Turkish Airlines’ 2010 consolidated financial statements were reported to Istanbul Stock Exchange
Dubai, UAE; Turkish Airlines has increased its capacity in line with its growth strategy for 2010 and years ahead thus secured passenger growth. In 2010 Available Seat Kilometer (ASK) increased by 15 percent and Revenue Passenger Kilometer (RPK) increased by 20 percent.
The number of passengers increased by 16 percent to 29 million, cargo and mail carried increased by 32 percent to 314 thousands. As a result, passenger load factor increased by 2.8 points from the previous year to 73.7 percent.
Sales revenue increased by 23 percent to 5.6 Billion$. Approximately 81 percent of our scheduled service revenue was obtained from international lines and 19 percent was from domestic lines.
According to the reported 2010 financial statements Turkish Airlines’ operating profit and net profit stood at 307 Million$ and 191 Million$ respectively.
Turkish Airlines being an important player in the aviation sector has increased its capacity with the wide-body aircraft which began to join the fleet in the last quarter of 2010. It is expected to reach targeted number of passenger and unit revenue with the new Business Class concept “Comfort Class” product in the wide-body aircraft and expanding its network by opening new routes.
Furthermore, we are taking all necessary steps to minimize the negative effect of the uprising around neighboring countries.
About Turkish Airlines:
Established in 1933 with a fleet of only five airplanes, Star Alliance member, Turkish Airlines is today a four star airline company with a fleet of 159 aircraft flying to 174 destinations around the world, comprising 41 domestic and 133 international destinations. Visit www.turkishairlines.com for more information.
About Star Alliance:
Turkish Airlines is a member of the Star Alliance network, established in 1997. Overall, the Star Alliance network offers 21.000 daily flights to 1,160 destinations in 181 countries.