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Great profit potentiality prejudiced by high fuel cost for Thy Turkish Airlines

Istanbul, Turkey - The carrier had to spend USD 100m extra costs due to the high fuel price in 2004

Thy Turkish Airlines said its 2004 net profit was prejudiced by high fuel cost which hit its earning by 69 per cent if compared to the profit reported in 2003. Thy said it spent USD 100m extra costs due to the high fuel price which damaged great profit potentiality in 2004 when the carrier’s load factor exceeded 70 per cent for the first time. Though the airline in fact made a good performance in l...

AVIONEWS - World Aeronautical Press Agency - 117819

AVIONEWS - World Aeronautical Press Agency
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