Key Developments: Turk Hava Yollari AO (THYAO.IS)
Latest Key Developments (Source: Significant Developments)
Reuters reported that Turk Hava Yollari AO has decided to buy a total of 95 narrow-body planes from Boeing Co by 2021. The airline announced 70 firm orders and options to buy a further 25 aircraft from Boeing between 2016-2021. The company placed an order to buy 20 B737-800, 65 B737-8 MAX and 10 B737-9 MAX aircraft, it said in a statement to the Bourse Istanbul. Full Article
Turk Hava Yollari AO announced that its Board of Directors has recommended the distribution of gross TRY 0.1444000 per share and net TRY 0.1227000 per share, as cash dividends for the fiscal year 2012. Full Article
Reuters reported that Turk Hava Yollari AO plans to order more than 100 narrow-body planes by the end of March 2013 and will finalize five new Airbus A330-300 orders current week on top of 35 wide-body aircraft ordered last year. Financial details were not disclosed. Full Article
Turk Hava Yollar AO announced that it has won the tender for the management rights of Aydin Cildir Airport which was put forth by the State Airports Directorate. The Company also announced that it will establish a new subsidiary, THY Aydin Cildir Havalimani Isletme AS, to operate the airport. Full Article
MALELANE, South Africa - Defending champion Charl Schwartzel and Dane Morten Orum Madsen look set to renew last week's South African Open rivalry after ending Friday's second round of the Alfred Dunhill Championship as joint leaders.