Turkish Airlines’ 705m TRY Net Profit In Q3

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Turkish Airlines has reported its third quarter consolidated financial statements to Borsa Istanbul, Turkey’s sole stock exchange. According to the statement, as compared to the same period of 2012, Turkish Airlines sales revenue increased by 28 per cent for the third quarter and 26 per cent for the nine months reaching a total of 13.9 billion Turkish Liras. While operating profit stood at 864 million Liras for the third quarter, it improved by 12 per cent to reach one billion 303 million Liras for the nine months. Net profit for the third quarter was 705 million, in line with last years results, while for the nine months it was realized as 826 million Liras decreasing by six per cent. During the first nine months of 2013, the Airline carried 36.2 million passengers, which is a  24 per cent increase in passenger traffic. 

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