28.03.2016 - Public Disclosures

As a result of the negotiations made between Turkish Airlines Inc. and Hava-Iş Union, 25th Collective Bargaining Agreement has been signed, regarding 17.500 employees, covering 3 year period starting from  January 1st, 2016. 
According to the Agreement, the wage increase for the first half of 2016 will be 7% ,for the second half of 2016 will be 6% and for every following six moths period will be 4%. In case of an inflation difference for the relevant periods,  the difference will be paid. Apart from the wage increases the monthly-paid social aid will increase from 500.-TL to 575.-TL for the first year, from 575.-TL to 675.-TL for the second year and from 675.-TL to 750.-TL for the third year.  A onetime net payment of 5.000.-TL will be made to the unionized staff.