Turkish Airlines reports EUR145m operating profit for 2011

Turkish Airlines reported (12-Apr-2012) an operating profit of TRY339 million (EUR145.4 million) and a net profit of TRY19 million (EUR8.1 million) on the back of a 40% year-on-year increase in sales revenue in 2011. Details include:

• Sales revenue: +40% year-on-year
• Operating profit: TRY339 million (EUR145.4 million);
• Net profit: TRY19 million (EUR8.1 million);
• Passenger numbers: 32.7 million, +12%;
• Load factor: 72.6%, -1.1 ppt;
• Cargo traffic (RFTK): +38%;
• Fleet: 180 aircraft, including 139 narrowbody, 35 widebody and six cargo aircraft;
• Routes: 149 international routes to 82 countries. [more - original PR]

*Based on the average conversion rate at EUR1 = TRY2.3321 for the period