Dubai, UAE; Turkish Airlines 2010 consolidated financial statements were reported to Istanbul Stock Exchange. According to the reported financial statements, sales revenue increased by 39 percent to 5 Billion US $. Approximately 79 percent of Turkish Airlines scheduled service revenue was obtained from international lines and 21 percent from domestic lines. 9M 2010 net profit and operating profit stood at 169 Million US $ and 538 Million US $ respectively.
Revenue Passenger Kilometer (RPK) increased by 22.7 percent and Available Seat Kilometer (ASK) increased by 17 percent. The number of passengers increased by 18 percent to 22 million, cargo and mail carried increased by 41 percent to 228 thousand. As a result, passenger load factor increased by 3.4 points from the previous year to 74.2 percent.
With the addition of new wide body aircraft which started to join their fleet in September, THY will be able to increase the business class segment that will result in increasing the revenue yields. Due to this addition, Turkish Airlines will also be able to increase its cargo network in the long haul as well as cargo revenue.
2010 Financial and operational results, which are higher than Turkish Airlines expectations, are a good indicator to them to achieve their 2011 growth target. Hence, they are eager to continue to apply their long term growth strategies without making any consession on their profits.
The Diplomatic Quarter, or DQ as it is popularly known, is home to foreign embassies and international organizations, as well as residential structures and malls. With lush gardens and numerous sports facilities, it is also one of the city's greenest areas. It is especially known for its fine architecture, and is considered a model for other Islamic cities around the world. Despite its name, the s...
Construction at the site of the Église de la Madeleine began in 1763. It was initially supposed to be a baroque church, but construction was halted after two false starts. Napoleon chose the site for a neoclassical monument commemorating his army, but he was deposed before it could be completed. During the bourbon Restoration, Louis XVIII decided to turn it into a church, but he ...
Thought to be the world’s oldest shopping mall, the arcades in Trajan’s Market are now believed by many to be administrative offices for Emperor Trajan. The shops and apartments were built in a multi-level structure and one can visit several of the levels. Highlights include delicate marble floors and the remains of a library. The new museum of the Imperial Forums houses a wealth of artefacts fr...
Take a ride up the Avon River in an enclosed gondola while you take in the beauty of the Garden City. The gondola ride takes you up all the way to the summit of the Port hills from where one can look down at the beautiful city and its settlements. Two way rides are usually in a packaged deal with dinner or with a tram ride or a walk around the hills. Location: 10 Bridle Path Road Phone: +...