THE SKY’S THE LIMIT AS THY SETS NEW PROFIT RECORD

Daily Sabah (Turkey) - - Front Page -

MAIN­TAIN­ING its prof­itable growth per­for­mance, na­tional flag car­rier Turk­ish Air­lines (THY) posted an all-time high op­er­at­ing profit and man­aged to triple its net profit in the first nine months of this year. The car­rier an­nounced Wed­nes­day a net profit of $755 mil­lion for the Jan­uary-Septem­ber pe­riod of this year, up nearly three­fold from $263 mil­lion dur­ing the same pe­riod last year.

TURK­ISH Air­lines (THY) yes­ter­day op­er­ated its first flight from the newly in­au­gu­rated Is­tan­bul Air­port to Az­eri cap­i­tal Baku. The de­part­ing TK 1132 sched­uled flight took off at 9:30 a.m. lo­cal time with 121 pas­sen­gers on board and landed at Baku’s Hey­dar Aliyev In­ter­na­tional Air­port.

Daily ser­vice to Baku from the mas­sive new air­port, whose first phase opened on Oct. 29, will be of­fered through Dec. 31.

The new ser­vice takes the num­ber of weekly flights from Is­tan­bul to Baku to 38, in­clud­ing 28 from Atatürk Air­port, seven from Is­tan­bul Air­port and three from Sabiha Gökçen Air­port. In the first 10 months of this year, Turk­ish Air­lines car­ried 337,000 air pas­sen­gers to Baku with a 77 per­cent seat oc­cu­pancy rate. Mean­while, the first in­ter­na­tional flight from Is­tan­bul Air­port was made to the Turk­ish Repub­lic of North­ern Cyprus (TRNC) on Oct. 31. At full ca­pac­ity - with the com­ple­tion of all four phases with six run­ways - Is­tan­bul Air­port is set to be­come a ma­jor global avi­a­tion hub. It will host more than 100 air­lines and flights to over 300 des­ti­na­tions around the world. The 6 bil­lion eu­ros ($7.2 bil­lion) first stage of the air­port, which was built in nearly three years in pub­lic-pri­vate part­ner­ship, of­fi­cially opened on Oct. 29.

The air­port is one of a series of megapro­jects planned for Turkey’s 2023 cen­ten­nial.

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