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Turkish Airlines achieves record net operating profit for FY07
Turkish Airlines achieves record net operating profit for FY0707-Apr-2008 |
Airline Code [THY]
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Tags :Eastern Europe, Turkish Airlines Turkish Airlines announced it achieved a record high net operating profit of USD420 million for FY07. Due to the fall of foreign exchange rate, net profit increased by 80%, to USD224 million. Operating revenue increased by 30% to USD3.670 million. 76% of scheduled revenue was from international traffic and 24% was from domestic traffic. In the operating costs, fuel cost’s portion is the same with previous year at 28% and the second important cost item, personnel cost is 24%.
The carrier also reported passenger numbers increased by 16% to 19.6 million, cargo traffic increased by 13% to 180 thousand tonnes. Available Seat Km (ASK) and Revenue Per Km (RPK) increased by 13% and 19% respectively, while load factor increased by 4 ppts to 72.7% |
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