Turkish Airlines put important flight schedule changes into action due to the outbreak of novel coronavirus (Covid-19). All international flights are temporarily suspended as of 27 March 2020 at 23:59 and important part of domestic flights are suspended except some major cities.
Turkish Airlines taking certain actions to decrease the operational expenses and increase the financial liquidity of the company. Voluntary unpaid leave program has been initiated and short-term employment allowance application has been made to decrease personnel expenses. The Incorporation is reducing or postponing significant part of capital expenditures. Additionally, we are evaluating new financing options to keep the liquidity level of the company strong. We are negotiating with important suppliers to revise the payment schedule. We are studying on different scenarios and action plans related to the timing and expansion of the outbreak. Important developments on the subject will be shared with the public.