Turkish Airlines deeply in the red in the first half on exchange rate losses and fuel costs
Turkish Airlines (THY) in 1H2011 had one of its worst half-year performances in the past decade. The airline sunk deeply into the red in the six months to 30-Jun-2011. THY, one of Europe's largest and fastest growing carriers, was hit by by a weakening local currency increasing foreign exchange losses, particularly on its majority-leased fleet, as well as the soaring price of fuel in 1H2011.
Read More
This CAPA Analysis Report is 1,918 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
Inclusions | Content Lite User | CAPA Member |
---|---|---|
News | ||
Non-Premium Analysis | ||
Premium Analysis | ||
Data Centre | ||
Selected Research Publications |