- Investor Relations
- News
- 2011
News
Disclaimer: This English language News Page is provided for convenience only; and Turkish language version is the sole valid and prevailing version. Turkish Airlines shall not have any liability whatsoever in case any transactions are conducted relying on the English version.
23.12.2011
The Incorporation has decided to start Istanbul-Kinshasa-İstanbul route, based on aircraft availability and upon obtaining the Civil Aviation authorizations.
23.12.2011
The Incorporation has decided to open Istanbul-Bremen-Istanbul route in the year 2012, based on aircraft availability and upon obtaining the authorizations.
23.12.2011
The Incorporation has decided to open Istanbul- Aalborg-Billund-İstanbul route in the year 2012, based on aircraft availability and upon obtaining the authorizations.
23.12.2011
The Incorporation has decided to start operating Istanbul- Edinburgh-İstanbul route in the year 2012, based on aircraft availability and upon obtaining the Civil Aviation authorizations.
23.12.2011
The Incorporation has decided to open Istanbul-Leipzig-Istanbul route in the year 2012, based on aircraft availability and upon obtaining the authorizations.
23.12.2011
The Incorporation has decided to open Istanbul-Accra-Abidjan-Istanbul route in the year 2012, based on aircraft availability and upon obtaining the authorizations. Currently operating as Istanbul-Lagos-Accra-Lagos-Istanbul route will be operating as Istanbul-Lagos-Istanbul and Istanbul-Accra-Istanbul as of January 2012. Upon obtaining the authorizations, Istanbul-Accra route will extend to Istanbul-Accra-Abidjan-Istanbul.
20.12.2011
The Incorporation will continue to grow in 2012 and in this context set its 2012 targets. The Incorporation is targeting to generate TRY 14.6 billion revenue by carrying total of 38,2 million passengers, of which 17,2 million domestic and 21 million international, with 95.2 billion ASK; 70.2 billion RPK and 73.6% LF. Fuel cost is expected to be TRY 5.3 billion by consuming 2,589 thousand tons jet fuel.12.12.2011
Traffic results for the period of January-November 2011 are as follows:- During the period of January-November 2011 total passenger carried has increased by 11,7%, reaching to 30 million passengers from 26.9 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 28,4% and 20,2% respectively for the same period.
- L/F decreased by 1,4 point to 72,6%.
- ASK with 24,7% increase reached to 74.3 bn during the period January-November 2011 from 59.6 bn for the same period of 2010.
- RPK with 22,4% increase reached to 54 bn during the period of January-November 2011 from 44.1 bn for the same period of 2010.
- Number of landing 221.512 for the period of January-November 2010 has increased to 243.968 in 2011 (10,1%).
- Cargo/Mail carried during the period of January-November 2011 reached to 351.504 tons from 283.220 tons in 2010 (+24,1%).
21.11.2011
The Board of Directors have appointed, Chief Commercial Officer, Orhan Sivrikaya, as Toronto Manager. Senior Vice President of Cargo, Abdullah Soner Akkurt will be Acting Chief Commercial Officer.18.11.2011
The Incorporation, has decided to open İstanbul-Abuja-Kano-İstanbul route in the year 2012, based on aircraft availability and upon obtaining the authorizations.18.11.2011
The Incorporation, has decided to open İstanbul-Novosibirsk-Ulan Bator-Novosibirsk-İstanbul route in the year 2012, based on aircraft availability and market development.18.11.2011
The Incorporation, based on aircraft availability, has decided to start operating İstanbul-Bilbao-La Coruna-Bilbao-İstanbul route.16.11.2011
Traffic results for the period of January-October 2011 are as follows:- During the period of January-October 2011 total passenger carried has increased by 11,3%, reaching to 27.3 million passengers from 24.6 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 27,7% and 19,7% respectively for the same period.
- L/F decreased by 1,6 point to 72,9%.
- ASK with 24,7% increase reached to 67.4 bn during the period January-October 2011 from 54 bn for the same period of 2010.
- RPK with 22% increase reached to 49.1 bn during the period of January-October 2011 from 40.2 bn for the same period of 2010.
- Number of landing 201.888 for the period of January-October 2010 has increased to 221.981 in 2011 (10%).
- Cargo/Mail carried during the period of January-October 2011 reached to 315.958 tons from 257.449 tons in 2010 (+22,7%).
19.10.2011
The Incorporation, based on aircraft availability, has decided to start operating Ankara-Kocaeli-Ankara route in the year 2011.19.10.2011
The Incorporation, based on aircraft availability, has decided to start operating Trabzon-Kocaeli-Trabzon route in the year 2011.14.10.2011
The Incorporation, based on aircraft availability and flight safety evaluation, has decided to start operating İstanbul-Misrata-İstanbul route in Winter 2011 season.14.10.2011
The Incorporation, subject to aircraft availability, has decided to open İstanbul-Gatwick-İstanbul route in the year 2011.14.10.2011
The Incorporation, subject to aircraft availability, has decided to start operating İstanbul- Novosibirsk -İstanbul route in the year 2011.14.10.2011
The Incorporation, subject to aircraft availability and flight safety evaluation, has decided to start operating İstanbul-Mogadishu-İstanbul route in 2011 Winter season.12.10.2011
Traffic results for the period of January-September 2011 are as follows:- During the period of January-September 2011 total passenger carried has increased by 11%, reaching to 24.3 million passengers from 21.9 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 26,3% and 18,5% respectively for the same period.
- L/F decreased by 1,7 point to 72,6%.
- ASK with 24,3% increase reached to 60 bn during the period January-September 2011 from 48.2 bn for the same period of 2010.
- RPK with 21,3% increase reached to 43.5 bn during the period of January-September 2011 from 35.8 bn for the same period of 2010.
- Number of landing 180.616 for the period of January-September 2010 has increased to 198.431 in 2011 (9,9%).
- Cargo/Mail carried during the period of January-September 2011 reached to 278.916 tons from 227.714 tons in 2010 (+22,5%).
23.09.2011
Frequent Flyer Program Miles & Smiles Co-Branded Credit Card Collaboration aggrement signed with T. Garanti Bankası A.Ş., which will be expired on 29.10.2011, is extended until 31.12.2011. Tender procedure is still in progress regarding the period after 31.12.2011 , thus the tender date will be announced to public subsequently.
22.09.2011
In relation with the announcements indicated above, Joint Venture Agreement has been signed today with Assan Hanil Otomotiv San ve Tic. A.Ş. which will hold 50% shares of "Uçak Koltuk Üretimi Sanayi ve Ticaret A.Ş."
15.09.2011
Traffic results for the period of January-August 2011 are as follows:- During the period of January-August 2011 total passenger carried has increased by 10%, reaching to 21.2 million passengers from 19.2 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 24,3% and 16,6% respectively for the same period.
- L/F decreased by 2,4 point to 71,6%.
- ASK with 23,9% increase reached to 52.7 bn during the period January-August 2011 from 42.5 bn for the same period of 2010.
- RPK with 19,9% increase reached to 37.7 bn during the period of January-August 2011 from 31.5 bn for the same period of 2010.
- Number of landing 159.013 for the period of January-August 2010 has increased to 174.750 in 2011 (9,9%).
- Cargo/Mail carried during the period of January-August 2011 reached to 246.659 tons from 202.384 tons in 2010 (+21,9%).
11.08.2011
Traffic results for the period of January-July 2011 are as follows:- During the period of January-July 2011 total passenger carried has increased by 10,6%, reaching to 18.1 million passengers from 16.4 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 25,8% and 12,8% respectively for the same period.
- L/F decreased by 2,4 point to 71,1%.
- ASK with 24,1% increase reached to 45.2 bn during the period January-July 2011 from 36.4 bn for the same period of 2010.
- RPK with 20,1% increase reached to 32.1 bn during the period of January-July 2011 from 26.8 bn for the same period of 2010.
- Number of landing 136.136 for the period of January-July 2010 has increased to 150.200 in 2011 (10,3%).
- Cargo/Mail carried during the period of January-July 2011 reached to 217.312 tons from 177.530 tons in 2010 (+22,4%).
05.08.2011
The Incorporation has decided to extend Istanbul-Sao Paulo-Istanbul route to Buenos Aires in the year 2011, based on aircraft availability and upon obtaining the Civil Aviation authorizations.12.07.2011
Traffic results for the period of January-June 2011 are as follows:- During the period of January-June 2011 total passenger carried has increased by 10,3%, reaching to 14.8 million passengers from 13.4 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 25,2% and 10,7% respectively for the same period.
- L/F decreased by 2,7 point to 69,5%.
- ASK with 23,6% increase reached to 37.5 bn during the period January-June 2011 from 30.4 bn for the same period of 2010.
- RPK with 19% increase reached to 26.1 bn during the period of January-June 2011 from 21.9 bn for the same period of 2010.
- Number of landing 113.317 for the period of January-June 2010 has increased to 124.866 in 2011 (10.5%).
- Cargo/Mail carried during the period of January-June 2011 reached to 185.466 tons from 151.765 tons in 2010 (+22.2%).
05.07.2011
Ref: Announcement Dated 22.04.2011The Capital Market Board has approved with letter dated 01.07.2011 numbered 61/642 to increase the paid in capital by 20%,( 200.000.000 TL), from 1.000.000.000 TL to 1.200.000.000 TL, of which from previous year’s net profit. Thus, we have applied to Istanbul Commercial Registrar Office on 05.07.2011.
Shareholders have right to receive 20% bonus shares starting as of July 11th, 2011. There is no time limit to receive bonus shares. Shares that are registered at Merkezi Kayıt Kurulusu AS (MKK) “ Central Registery Agency” (CRA) will receive bonus shares on-line through CRA.
Attached Notice to the share holders regarding to the distribution of bonus shares will be published at Hurriyet and Sabah newspapers on 07.07.2011.
05.07.2011
Ref: Announcement Dated 02.06.2011We have previously announced that The ıncorporation has decided to establish a company called TURKBINE TEKNİK GAZ TÜRBİNLERİ BAKIM ONARIM ANONİM ŞİRKET, thus, the Corporation established and registration has been completed.
01.07.2011
The Incorporation has decided to start operating Istanbul-Dammam-Istanbul route, based on aircraft availability and upon obtaining the Civil Aviation authorizations.
06.06.2011
Traffic results for the period of January-May 2011 are as follows:
- During the period of January-May 2011 total passenger carried has increased by 10,4%, reaching to 12 million passengers from 10.9 million passengers for the same period of 2010. International Business/Comfort Class and Transfer passengers increased by 22% and 9,7% respectively for the same period.
- L/F decreased by 2,9 point to 68,8%.
- ASK with 23,1% increase reached to 30.7 bn during the period January-May 2011 from 24.9 bn for the same period of 2010.
- RPK with 18,2% increase reached to 21.1 bn during the period of January-May 2011 from 17.9 bn for the same period of 2010.
- Number of landing 92.535 for the period of January-May 2010 has increased to 102.268 in 2011 (10.5%).
- Cargo/Mail carried during the period of January-May 2011 reached to 153.694 tons from 126.116 tons in 2010 (+21.9%).
06.06.2011
The Incorporation has decided to establish a Joint Venture Company, called “HABOM Havacılık Bakım Onarım ve Modifikasyon Merkezi A.Ş.” that will purchase, sell, lease, produce and modify aircraft, all kinds of air transport related equipments and materials and engines; to build and operate hangars, warehouses, maintenance and installation facilities; to provide training and other operational services to supply educated staff for civil aviation sector; with the capital of 500.000 TL ( five hundred thousand) of which 499.996 TL by Turkish Airlines Inc. , 1 TL by Mr.Hamdi Topçu, 1 TL by Mr.Cemal Şanlı, 1 TL by Mr. Temel Kotil and 1 TL by Mr. İsmail Gerçek and the authority is given to The Office of the General Manager to arrange the articles of association and to complete all the necessary process accordingly.02.06.2011
The Board of Directors of the Incorporation have decided to establish a Joint Venture Company, called “TURKBINE TEKNİK GAZ TÜRBİNLERİ BAKIM ONARIM ANONİM ŞİRKETİ (TURKBINE TEKNİK)” that will provide maintenance, repair and overhaul activities for gas turbine and industrial gas turbine with the total capital of 16.571.494 TL( Sixteen million five hundred seventy one thousand four hundred ninety four Turkish Lira) of which 7.021.820 TL capital in kind and 9.549.674 TL in cash. Zorlu O/M Enerji Tesisleri İşletme ve Bakım Hizmetleri A.Ş participating 8.285.747 TL in cash , THY Technic Inc participating 7.021.820 TL capital in kind and 1.263.924 TL in cash., Mr. İsmail Demir 1 TL, Mr. Faruk Çizmecioğlu 1 TL and Mr. Ömer Faruk Öztürk 1 TL and the authority is given to The Office of the General Manager to arrange the articles of association and to complete all the necessary process accordingly.
01.06.2011
20.05.2011
06.05.2011
06.05.2011
05.05.2011
- During the period of January-April 2011 total passenger carried has increased by 11,1%, reaching to 9.3 million passengers from 8.4 million passengers for the same period of 2010. International Business Class and international to international transfer passengers increased by 22,9% and 8,3% respectively for the same period.
- L/F decreased by 3,1 point to 68,2%.
- ASK with 22,6% increase reached to 23.9 bn during the period January-April 2011 from 19.5 bn for the same period of 2010.
- RPK with 17,4% increase reached to 16.3 bn during the period of January-April 2011 from 13.9 bn for the same period of 2010.
- Number of landing 71.967 for the period of January-April 2010 has increased to 80.090 in 2011 (11.3%).
- Cargo/Mail carried during the period of January-April 2011 reached to 119.770 tons from 98.529 tons in 2010 (+21.6%).
27.04.2011
The Board of Directors have decided to establish a Joint Venture Company called “TCI Kabin İçi Sistemleri Sanayi ve Ticaret A.Ş.” between Turkish Airlines Inc. (30% shares), THY Technic Inc. (20,99998667% shares), TUSAŞ - TURKISH AEROSPACE INDUSTRIES Inc. (48,99998667% shares), Mehmet Yalçın KAYA (0,00001333% shares), İsmail DEMİR (0,00001333% shares) with the capital of 7.500.000 TL after receiving the approval of The Competition Board’s decision dated 14.4.2011 numbered 11-23/430-130 and give authority to The Office of the General Manager to complete all the necessary process.
25.04.2011
25.04.2011
22.04.2011
The Board of Directors have decided to give authority to The Office of the General Manager to ;
1.Distribute the bonus shares of 200.000.000 TL, which are registered under Group A Shares, to the shareholders according to the Central Registry procedures.
2.Report to Capital Markets Board that the process of increasing paid in capital has been done completely and duly.
3.To start the necessary registration process under the Turkish Trade Registry and publishing the registry in the Turkish Trade Registry Gazette the new paid in capital of the Incorporation as 1.200.000.000 TL, within 10 days after receiving the necessary documents from the Capital Markets Board.
20.04.2011
The Incorporation has applied on 20.04.2011 to the Capital Market Board to receive approval certification in order to register the 20% increased shares of 200.000.000 TL as bonus shares covered from the retained earnings, thus increasing the total paid in capital to 1.200.000.000 TL from 1.000.000.000 TL.
14.04.2011
Traffic results for the period of January-March 2011 are as follows:
- During the period of January-March 2011 total passenger carried has increased by 8,7%, reaching to 6.7 million passengers from 6.1 million passengers for the same period of 2010. International Business Class and international to international transfer passengers increased by 23% and 4,8% respectively for the same period.
- L/F decreased by 3,2 point to 67,3%.
- ASK with 19,6% increase reached to 17.3 bn during the period January-March 2011 from 14.5 bn for the same period of 2010.
- RPK with 14,2% increase reached to 11.6 bn during the period of January-March 2011 from 10.2 bn for the same period of 2010.
- Number of landing 53.436 for the period of January-March 2010 has increased to 58.661 in 2011 (+9.8%).
- Cargo/Mail carried during the period of January-March 2011 reached to 86.708 tons from 73.839 tons in 2010 (+17.4%).
13.04.2011
The Incorporation has appointed Mr. Cemal Şanlı and Mr. Mehmet Muzaffer AKPINAR as the members of the Auditing Commitee, Mr. Cemal ŞANLI, Ms. Gülsüm AZERİ and Mr. Mehmet BÜYÜKEKŞİ as the members of Corporate Governance Committee.
08.04.2011
General Assembly Meeting of the Incorporation was held on 08.04.2011.
Upon voting;
* Consolidated balance sheet and income statement for 2010 with the net profit of 286.443.361 TL, prepared in accordance with the Capital Market consolidated report (CMR) and with the loss of 102.228.442,66 TL prepared in accordance with the legal books were seperately voted and they were approved by majority votes of the attendants.
* The release of the Board of Directors and Board of Auditors were approved by majority votes of the attendants.
* Consolidated balance sheet and income statement for the period of 01.01.2010 – 31.12.2010, which is audited by DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., in accordance with Capital Market Board (CMB) Rules XI; No:29, the net profit according to Capital Market consolidated report is 286.443.361 TL; according to legal books is -102.228.442,66 TL . Thus;
- Primary legal reserves will not be applicable due to the loss according to legal books;
- Dividend payment (%69.82 of the net profit of 286.443.361 TL, prepared in accordance with the CMR) of 200.000.000 TL ( 0.20 TL dividend per 1 TL share) will be paid as bonus share to shareholders.
- Due to all dividend will be paid as bonus shares secondary legal reerve is not applicable.
- After the current year loss of 102.228.442,66 TL is set off, the dividend will be paid from the balance of 200.806.615,76 TL,
- The balance net income according to CMR of 86.443.361 TL will be transferred to the extraordinary reserves.
- The paid-in capital of the Incorporation will increase from 1.000.000.000 TL to 1.200.000.000 TL as a result of bonus shares distributed.
- In conclusion, the Board of Directors proposal dated 23.03.2011 and numbered 059 was approved together with the statement of profit appropriation.
- The authorization is given to the Board of Directors to finalize the date for the distribution of bonus shares inaccordance with Capital Market Rules, by unanimously votes of the attendants.
* Mr. Hamdi TOPÇU (as the Chairman and the representative of the C Group Share), Mr. Temel KOTİL, Mr. İsmail GERÇEK, Mr. Mehmet BÜYÜKEKŞİ, Mr. Muzaffer AKPINAR, Mr. Cemal ŞANLI and Mrs. Gülsüm AZERİ were elected as the members of the Board of Directors, by majority votes of attendants.
* Mr. Naci AĞBAL (as the representative of the C Group Share), Mr Orhan BİRDAL and Mr. Ateş VURAN were elected as the members of the Board of Auditors by the majority votes of the attendants.
14.03.2011
Traffic results for the period of January-February 2011 are as follows:
- During the period of January-February 2011 total passenger carried has increased by 8,2%, reaching to 4.2 million passengers from 2.0 million passengers for the same period of 2010. International Business Class and international to international transfer passengers increased by 23,2% and 6,7% respectively for the same period.
- L/F decreased by 1,5 point to 67,3%.
- ASK with 13,4% increase reached to 5.5 bn during the period January-February 2011 from 4.9 bn for the same period of 2010.
- RPK with 11% increase reached to 3.7 bn during the period of January-February 2011 from 3.4 bn for the same period of 2010.
- Number of landing 18.162 for the period of January-February 2010 has increased to 19.639 in 2011 (+8.1%).
- Cargo/Mail carried during the period of January-February 2011 reached to 26.125 tons from 21.307 tons in 2010 (+22.6%).
11.03.2011
07.03.2011
In accordance with the decision we have announced previously, the Joint Venture (JV) Agreement has been signed between THY A.O. , THY Technic A.Ş. and TUSAŞ- TURKISH AEROSPACE INDUSTRIES Inc. (TAI) with 49% shares, to form a JV called TCI KABİN İÇİ SİSTEMLERİ SANAYİ VE TİCARET A.Ş.
03.03.2011
The Incorporation has decided to exercise its optional right on 10 Airbus A321-200 aircraft from Airbus, to be delivered in the year 2013.
03.03.2011
23.02.2011
The Incorporation has decided to exercise its optional right on 15 Boeing B737NG aircraft from Boeing, to be delivered in the year 2013-2015.
18.02.2011
18.02.2011
16.02.2011
(i) for all procedures relating to the determination and takeover of the supplies (hangar, tools, spare units, ground equipment, administrative offices) and staff requirements that are to be taken over from THY Teknik A.Ş.,
(ii) for each and every procedure relating to the line maintenance services by the Incorporation, including the employee and department organisation.
16.02.2011
15.02.2011
- During the period of January 2011 total passenger carried has increased by 6,3%, reaching to 2.1 million passengers from 2.0 million passengers for the same period of 2010. International Business Class and Transfer passengers increased by 23,2% and 4,0% respectively for the same period.
- L/F decreased by 1,5 point to 67,3%.
- ASK with 13,4% increase reached to 5.5 bn during the period January 2011 from 4.9 bn for the same period of 2010.
- RPK with 11,0% increase reached to 3.7 bn during the period of January 2011 from 3.4 bn for the same period of 2010.
- Number of landing 18.162 for the period of January 2010 has increased to 19.639 in 2011 (+8.1%).
- Cargo/Mail carried during the period of January 2011 reached to 26.125 tons from 21.307 tons in 2010 (+22.6%).
15.02.2011
02.02.2011
01.02.2011
01.02.2011
21.01.2011
18.01.2011
Previously we have informed that the Incorporation had decided to empower the Executive Committee to start work and negotiate in order to establish a new company; having up to 10 % share of that company, which will be operating scheduled and non-scheduled flights, both passenger and cargo, in Northern Cyprus. Thus, all the necessary process has been completed and the agreement has been signed between Türk Hava Yolları A.O. and Ministry of Public Works and Transportation of TRNC (Turkish Republic of Northern Cyprus) to establish “Kuzey Kıbrıs Hava Yolları Inc.” , where Türk Hava Yolları A.O. will have 10% of its Capital.
13.01.2011
Traffic results for the period of January-December 2010 are as follows:
- During the period of January- December 2010 total passenger carried has increased by 16,0%, reaching to 29,1 million passengers from 25,1 million passengers for the same period of 2009. International Business Class and international to international transfer passengers increased by 28,8% and 13,5% respectively for the same period.
- L/F increased by 2.7 point to 73,7%.
- ASK with 15,0% increase reached to 65,1 bn during the period January- December 2010 from 56,5 bn for the same period of 2009.
- RPK with 19,4% increase reached to 47,9 bn during the period of January- December 2010 from 40,1 bn for the same period of 2009.
- Number of landing 213.953 for the period of January- December 2009 has increased to 243.348 in 2010 (+13,7%).
- Cargo/Mail carried during the period of January- December 2010 reached to 313.410 tons from 238.060 tons in 2009 (+31,7%).
2010 data may be change after the year end account is closed. If it would be the case than the revised data will be reflected in our file posted at our web site.

