17.04.2019 - Public Disclosures

As a result of the negotiations held between Turkish Airlines Inc. and Hava-Iş Union, 26th Collective Bargaining Agreement has been signed, covering 3 years period starting from January 1st, 2019. 
  
According to the Agreement, the wage increase for the first half of 2019 will be 12.19% which is calculated by adding 2% to 10.19%, Consumer Price Index change between period of June 2018 and December 2018. 1.5%, 2%, 1.5%, 1%, and 1% will be added to related periods CPI change for the second half of 2019, for the first half of 2020, for the second half of 2020, for the first half of 2021 and for the second half of 2021, respectively. Apart from the wage increases the monthly-paid social aid will increase from 750.-TL to 865.-TL for the first year, from 865.-TL to 955.-TL for the second year and from 955.-TL to 1,050.-TL for the third year.  A onetime net payment of 5,000.-TL will be made to the unionized staff.