21-Apr-2011 3:42 PM
Turkish Airlines applies for capital increase
Analysis
Turkish Airlines applied to the Capital Markets Board (CMB) for approval to increase capital from TRY1 billion (USD452 million) to TRY1.2 billion (EUR542 million). The capital increase will take place as a bonus issue funded by profit from previous years. Shares in the carrier rose 0.2% yesterday.
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