31.12.2007
The Board of Directors has decided to lease 2 A340/300 from ILFC for a period of 72 months starting from February 2008 and April 2008.
13.12.2007
Traffic results for the period of January – November 2007 are as follows:
During the period of Jan-Nov 2007 total passenger carried has increased by 16.3% reaching to 18 million passengers from 15.5 million passengers for the same period of 2006.
ASK with 13% increase reached to 37.998 million from 33.620 million
RPK with 19.8% increase reached to 27.820 million during the period of Jan-Nov 2007 from 23.228 million for the same period of 2006.
Number of landing which were 139 thousands for the period of Jan- Nov 2006 has increased to 145 thousands (+13.5%).
Cargo/Mail carried during the period of Jan-Nov 2007 reached to 164 thousand tons from 145 thousand tons (+13.5%)
13.11.2007
During the period of Jan-Oct 2007 total passenger carried has increased by 16.6% reaching to 17 million passengers from 14 million passengers for the same period of 2006.
ASK with 13.1% increase reached to 34.715 million from 30.705 million
RPK with 19.7% increase reached to 25.469 million during the period of Jan-Oct 2007 from 21.274 million for the same period of 2006
Number of landing which were 127 thousands for the period of Jan- Oct 2006 has increased to 141 thousands (+11.1%).
Cargo/Mail carried during the period of Jan-Oct 2007 reached to 148 thousand tons from 130 thousand tons (+14%)
06.11.2007
The Incorporation has decided to sign a Memorandum of Understanding on November 8th 2007 with Goodrich Aerostructures (Rohr, Inc.), subsidiary of Goodrich Corporation to establish a Joint Venture Company for the maintenance and repair on Nacelle ve Thrust Reverser under the HABOM Project.
18.10.2007
One B–738 aircraft which was ACMI based wet leased by the incorporation for the period of 6 months has been extended for another 6 months by the incorporation.
11.10.2007
During the period of Jan-Sep 2007 total passenger carried has increased by 15.5% reaching to 15 million passengers from 13 million passengers for the same period of 2006.
ASK with 13.3% increase reached to 31.063 million from 27.413 million
RPK with 18.8% increase reached to 22.693 million from 19.097 million during the period of Jan-Sep 2007.
Number of landing which were 113 thousands for the period of Jan- Sep 2006 has increased to 126 thousands (+10.9%).
Cargo/Mail carried during the period of Jan-Sep 2007 reached to 132 thousand tons from 115 thousand tons (+14.4%)
05.10.2007
The Board of Director has decided to purchase one Gulfstream G550 aircraft from the manufacturer Gulfstream Aerospace Corporation to be delivered on the first quarter of 2009.
03.10.2007
Due to resignation of Executive Vice President (Flight Operations) Mr. Ilhami Uslay, our Board of Director has appointed Mr. Ismail Koksal as the Executive Vice President (Flight Operations).
14.09.2007
Traffic results for the period of January – August 2007 are as follows:
During the period of Jan-Aug 2007 total passenger carried has increased by 16.6% reaching to 13 million passengers from 11 million passengers for the same period of 2006.
Number of landing which were 98.904 for the period of Jan- Aug 2006 has increased to 111.034 (+12.3%).
116 thousand ton (+15.3%) ton Cargo/Mail carried during the period of Jan-Aug 2007.
29.08.2007
During the period of Jan- Jul 2007 total passenger carried has increased by 17.7% reaching to 10.9 million passengers from 9.2 million passengers for the same period of 2006.
ASK with 16.5% increase reached to 23.376.798.000 from 20.061.405.000 and RPK with 21.5% increase reached to 16.619.457.000 from 13.677.683.000 during the period of Jan-Jul 2007.
Number of landing which were 83.416 for the period of Jan- Jul 2006 has increased to 94.993 (+13.9%)
102.289 (+16.4%) ton Cargo/Mail carried during the period of Jan-Jul 2007.
27.08.2007
As we have informed on August 28th the incorporation has agreed with the HAVAS Union for the 21st contract period. Starting as of January 1th 2007;
For the first year: 10% increase on wages Furthermore 50TL and 30 TL flat amount will be added to wages.
For the fisrt 6 months of the second year: There will be 3% increase on the wages as of 31th of December 2007. However if the inflation rate is above 3% then the difference will be paid on the second half of the year.
27.08.2007
27.08.2007
21.08.2007
03.08.2007
It was notified previously that the strike and lockout notifications have been exchanged between the Incorporation and Hava-Is union.
01.08.2007
30.07.2007
During the period of Jan-Jun 2007 total passenger carried has increased by 19.4% reaching to 8.9 million passengers from 7.4 million passengers for the same period of 2006. Number of Landing which was 68.648 for the period of Jan- Jun 2007 has increased to 79.005 (+15.1%) change for the same period of 2006. ASK with 17.8% increase reached to 19.392.558.000' from 16.460.921.000 and RPK with 23.3% increase reached to 13.575.712.000 from 11.014.017.000 during the period of Jan-Jun 2007.
75.078 ton Cargo/Mail carried in 2006 increased by 15.7% to 86.882 ton for the same period of 2007.
25.07.2007
By the request of the Board Members of the Incorporation, Hava-Is union representatives and the Board members of Turkish Airlines had a meeting today @ 12:00 noon, at THY’s General Administration Building to discuss the items that are subject to conflict between the parties.
THY’s officers had given their final offer on some of the open items to Hava-Is union representatives. Hava-Is union representatives indicated that they will let their decision to be known after evaluating the proposal with their authorized committee.
On the other hand, in accordance with the Strike and Lockout Law, Article 27 which states "Employer who is the party to disagreement can decide to lockout within the 6 (six) business day after the strike notice has been served by the Union” , the Board of Directors had decided to exercise lockout right, in case of any possible strike.
20.07.2007
In accordance with the law # 2822Hava-Is union gave strike notification on July 20, 2007 . However, this notification does not mean the beginning of an actual strike. Hava-Is union could go to strike within 60 days, by notifying the incorporation in writing by Notary Public, when actual strike will be effected 6 business days prior to actual strike date.
18.07.2007
Because of the media attention given to the strike and lockout notifications exchanged between the union and Turkish Airlines, the need has arisen to inform our valued customers of the following:
The negotiations between Turkish Airlines management and the Hava-Is Union management have, as yet, been unsuccessful in reaching a new agreement. In accordance with labor law, the union gave a strike notice to Turkish Airlines on July 20, 2007. Similarly, in accordance with labor law, Turkish Airlines gave notice to the union that a strike would result in the imposition of a lockout. At present, neither a strike nor lockout is definite. The strike notification is the union’s official method to alert Turkish Airlines that it will exercise its right to strike if an agreement cannot be reached. While negotiations are continuing, all Turkish Airlines flights will operate as scheduled.
07.07.2007
Incorporation has signed an extension lease agreement with the Lessor Airplanes Finance Limited for 3 B737-400 aircraft leased on 03.02.1992, 02.03.1992 and 10.06.1992 for a period of 5 years after the lease expire dates 02.02.2008, 01.05.2008 and 09.04.2008 respectively.
03.07.2007
The negotiation between the Incorporation and HAVA-IS union regarding to the 21st contract period still continues. The incorporation has requested a meeting from HAVA-IS union on July 5th, 2007 at 14:00 p.m. The incorporation will introduce its proposal regarding to the issues on salary and other disputed benefits.
18.06.2007
It was decided by the Board of Directors to start operating between Erzurum (ERZ)-Bursa (YEI)-Erzurum (ERZ), Ankara (ESB)-Basel (BSL)-Ankara during the Summer of 2007.
06.06.2007
We have announced on 1st of December 2006 that THY Technic A.S., which is owned 100% by THY, has signed Memorandum of Understanding (MOU) with Pratt&Whitney, which is one of the group corporations of United Technologies Corporation, to establish a JV repair center at Sabiha Gokcen Airport if the negotiation has finalized within the 6 months period. An extension agreement has been signed on June 6th, 2007 between the parties to extend the negotiation period until December 31st 2007.
07.05.2007
The Board of Directors have decided to sell the shares of USAS (Ucak Servisi A.S.) which is the 3% of USAS’s capital share with face value of 1,026,000 TL. The authorization to complete the sale has given to the General Manager.
25.04.2007
As per the resolutions accepted at the Ordinary General Assembly meeting held on April 24th, 2007, the Board of Directors have decided;
According to the Articles of Associations of the company Clause 13, Member of the Board Mr. Hamdi TOPCU has been assigned as the Deputy Chairman of the Board.
According to the Article of Associations of the company Clause 15, Mr. Candan Karlitekin, Chairman of the Board, Mr.Hamdi Topcu, Deputy Chairman of the Board and Temel Kotil, General Manager and Member of the Board will continue to hold the position as the Executive Committee Members with the same terms and conditions.
24.04.2007
The Board of Directors have decided to lease, on ACMI base, one B737 for the period of 6 months to be utilized during the summer of 2007.
24.04.2007
The Board of Directors have decided to restart the operation between Istanbul-Johannesburg-Cape Town 3 times a week, starting as of September 15th, 2007.
24.04.2007
Ordinary General Assembly Meeting took place on April 24th , 2007 and the following decisions have been taken
Both of the balance sheets and statements of profit/loss of 2006, one of which was prepared in accordance with the uniform accounting system and indicated a net profit of 45.634.623 New TRL and the other which was prepared in accordance with the Capital Markets Board legislation and indicated a net profit of 185.749.426 New TRL were voted separately and approved unanimously by the participants in accordance with the proposal submitted by the representatives of the Privatization Administration, subject to the issues which may be raised in the reports to be prepared by the Supreme Audit Board of Prime Ministry and other auditing and inspection bodies are reserved.
The balance sheet and profit/loss calculations made in accordance with the Capital Markets Board legislation which was used as the basis of distribution of the profit and the decision of the Board of Directors which resolved to set off the profit of the 2006 (New TRL 185.749.426) with the losses of the previous years and not to distribute any profit was submitted and accepted unanimously.
The release of the members of the Board of Directors and the Board of Auditors were unanimously accepted by the participants.
The resolution of the Board of Directors for selection of DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (Delloitte Touche) as the Independent Audit Institution was accepted unanimously by the participants in order to conduct independent audit service for the years 2007 and 2008 in accordance with the provisions of Capital Markets Law No. 2499.
The regulations of Capital Markets Board, the application of IFRS (International Financial Reporting Standards) as the accounting standards set starting from 01.01.2007 instead of the Communiqué of the of Capital Markets Board Serial XI No.25 was accepted unanimously by the participants.
The proposal submitted by the representatives of the Privatization Administration was read. The candidates for members of the Board of Directors determined by the proposal of Privatization Administration and by the internal voting of the free float shareholders have been submitted to the approval of the General Assembly. Mr. Candan KARLITEKIN (as the Chairman and the representative of the C Group Share), Mr. Hamdi TOPÇU, Mr. Temel KOTİL, Mr. Cemal ŞANLI, Mr. Mehmet BÜYÜKEKŞİ, Mr. Hüseyin Atilla ÖKSÜZ (as the representative of the free float A Group shareholders) and Mr. Muzaffer AKPINAR (as the representative of the free float A Group shareholders), were elected as the members of the Board of Directors by the unanimous votes of the attendants.
The proposal submitted by the representatives of the Privatization Administration was read. The candidates for members of the Board of Auditors determined by the proposal of Privatization Administration and by the internal voting of the free float shareholders have been submitted to the approval of the General Assembly. Mr. Naci AĞBAL, Mr. Ateş VURAN (as the representative of the free float A Group shareholders), and Mr. İsmail GERÇEK (as the representative of the free float A Group shareholders), were elected as the members of the Board of Auditors by the unanimous votes of the attendants.
Chairman of Assembly informed the shareholders that no donation was made within 2006 in accordance with the letter of the Capital Markets Board dated 27.02.2004 and numbered 3253 and has informed the General Assembly about the profit distribution policy of the Incorporation in 2007 and in the forthcoming years.
The Minutes of the Meeting and the attendance list are attached.
16.04.2007
The Board of Directors have decided to lease one A330-200 aircraft on ACMI base to be utilized during the summer of 2007 for the period of 6 months, starting as of June 15th 2007'till December 15th, 2007.
13.04.2007
Traffic results for the period of January – March 2007 are as follows:
During the period of Jan-Mar 2007 total passenger carried has increased by 24.3% reaching to 3,9 million passengers from 3.1 million passengers for the same period of 2006. Number of Landing which was 30,677 for the period of Jan- Mar 2007 has increased to 35,996 (+17.3%) change for the same period of 2006. ASK with 20% increase reached to 9.019.315.000 from 7.516.640.000 and RPK with 27,8% increase reached to 6.039.561.000 from 4.724.637.000 during the period of Jan-Mar 2007. 35.803 ton Cargo/Mail carried in 2006 increased by 3,6% to 40.687 ton for the same period of 2007.
03.04.2007
Board of Directors have decided that to hold Ordinary general Assembly meeting to take place on April 24th, 2007 at 14:00 pm, at the Head office located at General Management Building, Ataturk Airport, Yesilköy, Bakirköy-Istanbul.
Besides the following articles, ordinary agenda will be discussed
• To set off the profit of 2006 with the losses of previous years and not to distribute any profit in accordance with the resolution of the Board of Directors.
• To accept the application of IFRS (International Financial Reporting Standards) as the accounting standards set starting from 01.01.2007 instead of the Communiqué of the of Capital Markets Board Serial XI No.25.
06.03.2007
The Board of Directors have decided at the meeting took place on March 5th, 2007 to market search in order to lease, up to 8 Airbus A319 and 3 Airbus A330 or A340.
06.03.2007
At the meeting took place on March 5, 2007, the Board of Directors of the incorporation have decided to initiate a market for leasing upto 8 Airbus 319 aircraft and upto 3 Airbus 330 or Airbus 340.
06.03.2007
The union contract for the 20th period which was signed between the incorporation and HAVA-IS union has ended on 31 December 2006. The first meeting for the negotiations regarding to the 21st contract period will take place on March 16th, 2007 at 10:00 am. Any progress on the matter will be announced accordingly.
26.02.2007
The Board of Directors have decided at the meeting took place on February 23rd, 2007 to open new routes as Istanbul-Nevsehir (NAV), Istanbul-Batum, Yenisehir-Trabzon and Istanbul-Eskisehir (AOE).
Furthermore, Director of Production Planning, Orhan SİVRİKAYA, who had management responsibilities in various departments since 1991 and currently Acting Vice President of Commerce has been appointed as the Vice President of Commerce.
16.02.2007
Traffic results for the period of January - December 2006 are as follows.
During the period of Jan-December 2006 total passenger carried has increased by 19,4% reaching to 17 million from 14 million for the same period of 2005.
Number of Landing which was 125,992 for the period of Jan-December 2005 has increased to 152,536 with 21.1% increase for the same period of 2006. ASK with 23,9% increase reached to 36,933,907,000 from 29,804,876,000 and RPK with 19% increase reached to 25,382,750,000 from 21,332,774,000 during the Jan-December 2006 period.
144,974 ton Cargo/Mail carried in 2005 increased by 10.3% to 159,873 ton for the same period of 2006.