| THY boosts passenger numbers by 25 pct in first two months |
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13/03/2010 11:55 (701 Day 07:54 minutes ago) | |||||
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The FINANCIAL -- National flag carrier Turkish Airlines (THY) increased its number of passengers by 25 percent in the first two months of the year over the same period of last year -- a sign that aviation in Turkey is recovering much more quickly than the rest of the economy.
"In a written statement released on March 12 on the Public Disclosure Platform (KAP) of the İstanbul Stock Exchange (İMKB), THY said the number of passengers grew by 25 percent from 3.1 million in the first two months of 2009 to 3.9 million in the same period of this year. Passengers flying business class to international destinations also jumped by 30 percent in January and February over a year ago, and flights arriving from and departing for cities outside Turkey shot up 40 percent. Occupancy rates are also on the rise, increasing by 2.8 percentage points to hit 69.1 percent in the first two months of the year. Moreover, the available seat kilometers (ASK), a measure of an airline’s passenger carrying capacity, grew by 29 percent, from 7.2 billion to 9.3 billion," Today's Zaman said.
The airline showed increases in other areas as well: The number of flights grew by 21.9 percent, to reach 34,870 in January and February over the same period a year ago. The airline’s stock, listed as THYAO on the İMKB, increased by 1.89 percent to close at TL 5.40 per share at the end of the first session of trading yesterday.
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