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Turkish Airlines Passenger Numbers Fall 50%

Tue Mar 25, 2003 4:02 am

Turkish Airlines THY has announced that passenger number have dramatically fallen year on year.

"THY passengers have fallen by around 50 percent yearly," spokesman Faik Akin said.

THY has cancelled some unprofitable domestic routes and flights to Kuwait and Bahrain have been suspended. Further domestic and international cuts will come into play as necessary.

THY shares were at 5 600 Turkish Lira / US$0.003270 (zero cents)

More information at the Reuters / Yahoo webpage

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