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Turk Hava Yollari AO (THYAO.IS)

THYAO.IS on Istanbul Stock Exchange

5.12TRY
26 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Turkish Airlines to buy one Bombardier Challenger 850 aircraft
Monday, 12 Sep 2016 03:35am EDT 

Turk Hava Yollari AO :Said on Saturday that has decided to purchase one Bombardier Challenger 850 aircraft to be used in VIP service.  Full Article

Turkish Airlines Jan-Aug passengers rise 3.8 pct to 42.3 mln
Friday, 9 Sep 2016 08:46am EDT 

Turk Hava Yollari AO : Says Jan-Aug passenger numbers 42.3 million, up 3.8 percent yoy .Says Jan-Aug load factor 74.4 percent, down 4.4 points yoy.  Full Article

THY Teknik to divest its 50 pct in Turkbine Teknik Gaz Türbinleri to Zorlu O&M
Friday, 2 Sep 2016 08:01am EDT 

Turk Hava Yollari AO :Türk Hava Yollari Teknik to sell 50 percent stake in Turkbine Teknik Gaz Türbinleri to Zorlu O&M.  Full Article

Moody's downgrades Turkish Airlines to Ba3
Friday, 19 Aug 2016 11:04am EDT 

Moody's - : Moody's downgrades Turkish Airlines to Ba3; negative outlook . Moody's - Downgrade of CFR and PDR reflects downgrade of Turkish Airlines' baseline credit assessment to B1 from Ba3 .Moody's - Outlook reflects uncertainty around recovery in passenger demand for Turkish Airlines at time of heightened security concerns in Turkey, Europe.  Full Article

Turkish Airlines Jan-July passengers rise 4.4 pct to 35.9 million
Tuesday, 16 Aug 2016 03:15am EDT 

Turk Hava Yollari AO : January-July 2016 passenger carried increased by 4.4 percent, reaching to 35.9 million passengers from 34.4 million passengers versus year ago . January-July 2016 load factor decreased by 4.3 point to 73.7 percent . January-July 2016 increases in number of passengers carried in domestic and international lines are 5.9 percent and 3.2 percent, respectively .Cargo/Mail carried during the period of January-July 2016 increased by 9.2 percent to 447,240 tons from 409,634 tons in 2015.  Full Article

Turkish Airlines leases one B777-300ER aircraft from TSAVO Aircraft Financing
Friday, 24 Jun 2016 03:28am EDT 

Turk Hava Yollari AO : Leases one B777-300ER aircraft from TSAVO Aircraft Financing LLC for 4 years .The leasing was already in 2016 aircraft fleet.  Full Article

Turk Hava Yollari AO pays no dividend for FY 2015
Friday, 11 Mar 2016 12:17pm EST 

Turk Hava Yollari AO:Proposes not to pay dividend for FY 2015.  Full Article

Turk Hava Yollari AO decides to lease 7 aircrafts for 6 years
Friday, 19 Feb 2016 12:05pm EST 

Turk Hava Yollari AO:Decides to lease four A330-300 aircraft from Bank of Utah.three A330-300 aircraft from Panamera Aviation Leasing X Limited.Says that lease terms to start in 2017 for the duration of 6 years.  Full Article

Turk Hava Yollari AO gives 2016 sales revenue guidance
Tuesday, 12 Jan 2016 05:00am EST 

Turk Hava Yollari AO:Sees to generate $12.2 billion of sales revenue.Expects passenger numbers to reach 72.4 million in 2016 and its fleet expand to 339 aircrafts.Sees EBITDAR margin of 20-22 percent.  Full Article

Turk Hava Yollari AO signs collective labour agreement for 3 years
Tuesday, 27 Oct 2015 04:30am EDT 

Turk Hava Yollari AO:Collective Bargaining Agreement has been signed between Turkish Technic and Çelik-İş Union, regarding 5500 employees, covering 3 year period starting from July 1, 2013.  Full Article

Turkish Airlines sacks 211 employees after failed coup attempt

ISTANBUL Turkey's state-run Turkish Airlines said on Monday it had fired 211 employees, citing their links to a religious movement President Tayyip Erdogan has blamed for the failed attempt to overthrow the government on July 15.