leftyboarder
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Posts: 742
Joined: Sun Apr 13, 2008 3:38 pm

Turkish Airlines 9M Profit Soars

Sun Nov 18, 2012 6:06 pm

TK has reported that its profit for Jan-Sep 2012 has risen 665% to 868m TL (462m $) on revenues of 11.2 bn TL (6.22 bn $) up 30%.

source: http://www.hurriyetdailynews.com/tur...pageID=238&nID=34886&NewsCatID=345
 
Tupolev160
Posts: 405
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RE: Turkish Airlines 9M Profit Soars

Thu Nov 29, 2012 1:14 am

How possible is that? It means they earned ~7 times more money this year than in 2011? So what was their profit last year, around 60 million dollars? That's surprising taking into account all the risky new routes started this year but it would mean the risk is paying of. Wonder on what routes they increased revenue the most.
"In a time of universal deceit, telling the truth becomes a revolutionary act."
 
leftyboarder
Topic Author
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RE: Turkish Airlines 9M Profit Soars

Thu Nov 29, 2012 7:12 am

 
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TK787
Posts: 3087
Joined: Wed Jan 04, 2006 3:43 am

RE: Turkish Airlines 9M Profit Soars

Thu Nov 29, 2012 10:14 am

Quoting Tupolev160 (Reply 1):
all the risky new routes started this year

Which ones are you referring to?

To add to that, I don't remember the last route TK stopped flying last.
What routes TK quit within the last couple of years??? Anyone??

By the way, the stock price doubled within the last year.
 
Tkfan
Posts: 168
Joined: Wed Oct 31, 2007 7:30 pm

RE: Turkish Airlines 9M Profit Soars

Thu Nov 29, 2012 9:31 pm

Quoting Tupolev160 (Reply 1):
Quoting TK787 (Reply 3):

AFAIK none of the new destinations were stopped, in contrary they get more frequencies or get direct links when it was only a tag on.

The only destination I can remember that was stopped was Strasbourg some years ago.....