08.12.2010

The Incorporation has decided  to empower the Executive Committee to start work and negotiate in order to establish a new  company; having up to 10 % share of that company, which will be operating scheduled and non-scheduled  flights, both passenger and cargo, in Northern Cyprus upon the final approval of the Board of Directors.

 

11.11.2010

 Traffic results for the period of January-October 2010 are as follows:

• During the period of January- October 2010 total passenger carried has increased by 17,3%, reaching to 24,5 million passengers from 20,9 million passengers for the same period of 2009. International Business Class and international to international transfer passengers increased by 29,6% and 17,6% respectively for the same period.
• L/F increased by 2.9 point to 74,4%.
• ASK with 16,8% increase reached to 54,0 bn during the period January- October 2010 from 46,3 bn for the same period of 2009.
• RPK with 21,6% increase reached to 40,2 bn during the period of January- October 2010 from 33,1 bn for the same period of 2009.
• Number of landing 176.183 for the period of January- October 2009 has increased to 203.695 in 2010 (+15,6%).
•  Cargo/Mail carried during the period of January- October 2010 reached to 257.547 tons from 186.627 tons in 2009 (+38,0%).

15.10.2010

The Incorporation has decided  to purchase one B737NG  simulator which will be delivered 6 months after the applicable agreements are signed.
 

13.10.2010

There are some news in the media that the Incorporation has decided to purchase Airbus A380 and Boeing 747-8. Although The Incorporation has no firm decision taken regarding to the purchasing of  the subject aircraft, the Board of Directors have been evaluating  addition of A380 and B747.
 

13.10.2010

Traffic results for the period of January-September 2010 are as follows:

• During the period of January- September 2010 total passenger carried has increased by 17,8%, reaching to 21,9 million passengers from 18,6 million passengers for the same period of 2009. International Business Class and international to international transfer passengers increased by 31,8% and 19,2% respectively for the same period.
• L/F increased by 3.4 point to 74,2%.
• ASK with 17,1% increase reached to 48,2 bn during the period January- September 2010 from 41,2 bn for the same period of 2009.
• RPK with 22,7% increase reached to 35,8 bn during the period of January- September 2010 from 29,2 bn for the same period of 2009.
• Number of landing 157.375 for the period of January- September 2009 has increased to 182.184 in 2010 (+15,8%).
• Cargo/Mail carried during the period of January- September 2010 reached to 227.659 tons from 161.769 tons in 2009 (+40,7%)..

04.10.2010

The Incorporation has decided to close the Ankara-Denizli operation and to start operating Sabiha Gökçen-Sivas route in the winter season of 2010-2011.
 

16.09.2010

Traffic results for the period of January-August 2010 are as follows:

• During the period of January- August 2010 total passenger carried has increased by 17,8%, reaching to 19,2 million passengers from 16,3 million passengers for the same period of 2009. International Business Class and international to international transfer passengers increased by 32,4% and 19,8% respectively for the same period.
• L/F increased by 3.4 point to 73,9%.
• ASK with 17,7% increase reached to 42,5 bn during the period January- August 2010 from 36,1 bn for the same period of 2009.
• RPK with 23,4% increase reached to 31,4 bn during the period of January- August 2010 from 25,5 bn for the same period of 2009.
• Number of landing 138.437 for the period of January- August 2009 has increased to 160.399 in 2010 (+15,9%).
• Cargo/Mail carried during the period of January- August 2010 reached to 195.081 tons from 136.397 tons in 2009 (+43,0%).
   

01.09.2010

Ref: Announcements dated 28.07.2010 and 18.05.2010
As we have  announced previously , the Incorporation is open to consider any possible opportunities  parallel to our  long term strategies.  Hence,  The Incorporation considers similar opportunities in Rusia and Tanzania.
 

23.08.2010

The Incorporation has decided to sublease from its fleet  MSN 3142 (A319-100)  aircraft  to Air Bosnia for 3 years, to be delivered  in September 2010.

20.08.2010

Subject to obtaining Civil Aviation authorizations and the operational conditions, The Incorporation has decided to extend Istanbul-Washington-Istanbul route to Atlanta as Istanbul-Washington-Atlanta – Washington – Istanbul in the winter  2010 tariff.
 

16.08.2010

Due to notice received from  Anadolu Anonim Türk Sigorta,  who was providing health insurance coverage for approxiametly 24 thousands personnel and their family members, stating that they will not honor the  agreement which will normally be expired  at the end of  17 months, The Incorporation held a tender and agreed with Groupama Insurance to receive insurance coverage for 24 thousands personnel and their family members during the 17 months period.
 

13.08.2010

Due to notice received from  Anadolu Anonim Türk Sigorta,  who was providing health insurance coverage for approximately 24 thousands personnel and their family members, stating that they will not honor the  agreement which will normally be expired  at the end of  17 months, The Incorporation held a tender and agreed with Groupama Insurance to receive insurance coverage for 24 thousands personnel and their family members during the 17 months period.
 

12.08.2010

28.07.2010

26.07.2010

26.07.2010

22.07.2010

15.07.2010

Traffic results for the period of January-June 2010 are as follows:

• During the period of January-June 2010 total passenger carried has increased by 19,3%, reaching to 13.4 million passengers from 11.2 million passengers for the same period of 2009. International Business Class and international to international transit passengers increased by 35,2% and 25,6% respectively for the same period.
• L/F increased by 3.1 point to 74,2%.
• ASK with 19,9% increase reached to 30.3 bn during the period January-June 2010 from 25.3 bn for the same period of 2009.
• RPK with 26,8% increase reached to 21.9 bn during the period of January-June 2010 from 17.2 bn for the same period of 2009.
• Number of landing 98.160 for the period of January-June 2009 has increased to 114.370 in 2010 (+16,5%).
• Cargo/Mail carried during the period of January-June 2010 reached to 151.791 tons from 101.449 tons in 2009 (+49,6%).

15.07.2010

Ref: Announcement dated 6th November 2007

Previously we have informed that the Incorporation had 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. Under the signed Memorandum of Understanding, the agreement will be signed on 15th July 2010 regarding the Joint Venture of GOODRICH THY TECHNIC SERVICE CENTER LIMITED COMPANY which is 40% subsidiary of THY TECHNIC and 60% subsidiary of TSA-Rina Holdings B.V. which is subsidiary of Goodrich Corporation.

01.07.2010

The Incorporation has decided to start operating Istanbul-Toulouse-Istanbul route in the year 2011, based on aircraft availability and upon obtaining the Civil Aviation authorizations.

01.07.2010

The Incorporation has decided to start operating Istanbul-Malaga-Istanbul route in the year 2011, based on aircraft availability and upon obtaining the Civil Aviation authorizations.

01.07.2010

The Incorporation has decided to start operating Istanbul-Valencia-Istanbul route in the year 2011, based on aircraft availability and upon obtaining the Civil Aviation authorizations.

01.07.2010

The Incorporation has decided to start operating Istanbul- Guangzhou -Istanbul route in the winter season of 2010-2011, based on aircraft availability.

01.07.2010

The Incorporation has decided to start operating Istanbul-Manila-Istanbul route in the year 2011, based on aircraft availability.

01.07.2010

The Incorporation has decided to start operating Ankara-Körfez(Edremit)-Ankara route in the summer season of year 2010, based on aircraft availability.

01.07.2010

The Incorporation has decided to purchase  jet fuel  requirement of all Domestic Airports other than Sabiha Gokcen Airport  from THY-OPET Havacılık Yakıtları A.Ş. as of July 1th 2010, hence  purchase agreement has signed accordingly. 

01.07.2010

The Incorporation has decided to purchase  some part of jet fuel  requirement of Istanbul Ataturk Airport for one year and jet fuel requirement of 26 Domestic Airports for one month from  Petrol Ofisi A.Ş   as of July 1th 2010, hence  purchase agreement has signed accordingly.

23.06.2010

The Incorporation has decided to lease 1 A319-100 MSN 3142  aircraft  from Wilmington Trust SP Services (Dublin) Limited, to be delivered  in June 2010.

21.06.2010

The Incorporation has decided to lease 1 B737-700 aircraft   from Continuity Air Finance VII B.V., to be delivered  in July 2010.

11.06.2010

Traffic results for the period of January-May 2010 are as follows:

• During the period of January-May 2010 total passenger carried has increased by 20,4%, reaching to 10.9 million passengers from 9.0 million passengers for the same period of 2009. International Business Class and international to international transit passengers increased by 34,4% and 27,2% respectively for the same period.
• L/F increased by 4 point to 71,5%.
• ASK with 21,3% increase reached to 24.9 bn during the period January-May 2010 from 20.6 bn for the same period of 2009.
• RPK with 28,6% increase reached to 17.8 bn during the period of January-May 2010 from 13.9 bn for the same period of 2009.
• Number of landing 79.708 for the period of January-May 2009 has increased to 93.454 in 2010 (+17,2%).
• Cargo/Mail carried during the period of January-May 2010 reached to 126.131 tons from 83.815 tons in 2009 (+50,5%).

11.06.2010

The Incorporation has decided to purchase 1 A330-200 aircraft from Airbus to be delivered on July 2011.

10.06.2010

Ref: Announcements dated 04.01.2010 and 04.02.2010

The Incorporation has decided to provide avionics equipment from U.S. Rockwell Collins, for its’ recent orders of 20 firm/10 optional A319/321 aircraft and 20 firm/15 optional B737-800/900 ER aircraft.

28.05.2010

Ref: Announcement dated 30.04.2010

The Capital Market Board has approved with letter dated 25.05.2010 numbered 15/444 to increase the paid in capital to 1.000.000.000.—TL by 14.29%, 125.000.000.—TL of which from 2009 net profit. Thus, we have applied to Istanbul Commercial Registrar Office on 28.05.2010 with the Capital Market Board’s letter dated 27.05.2010 numbered 37/444 and attachment of Board of Directors’ decision.

Shareholders have right to receive 14.29% bonus shares starting as of June 4th, 2010.  There is no time limit to receive bonus shares.  Shares that are registered at Merkezi Kayıt Kurulusu AS (MKK) “ Central Registery Agency” (CRA)   will receive bonus shares on-line through CRA.

Shares that are not registered at CRA yet, will be able to receive bonus shares after registered at CRA as per Capital Market Law provision number 6 and Circular Number 294, dated 30.01.2008 of CRA.

Notice to the share holders regarding to the distribution of bonus shares will be published at Hurriyet and Sabah newspapers on June 2nd, 2010.

27.05.2010

Ref: Announcement dated 26.05.2010

Previously we have informed that the Incorporation has agreed with the Hava-Is Union over the negotiations of the 22nd contract period and that the signed agreement would be presented to the Board of Directors by the following day. (27.05.2010)

According to the signed agreement;

Effective as of 01.01.2009, for the first 6 months of 2009, 8% increase on the wages dated 31.12.2008, for the second half of 2009, 2% increase on the wages dated 30.06.2009 will be applied.

For the first 6 months of 2010, 6% increase on the wages dated 31.12.2009, for the second half of 2010, 5% increase on the wages dated 30.06.2010 will be applied.  However, if the CPI   exceeds 6% and 5% in 1H09 and 1H10, respectively, the difference with the CPI will be reflected to the wages.  

In addition, social benefit payment   of 130 TL per month will be raised to 250TL per month for 2009 and 280TL per month for 2010.

26.05.2010

Ref: Announcement dated 21.05.2010

The Incorporation has agreed with the Hava-Is Union over the negotiations of the 22nd contract period. The signed agreement will be presented to the Board of Directors by tomorrow. (27.05.2010)

21.05.2010

Ref: Announcement dated 14/05/2010

Previously we have informed that the Official Mediator process had been completed and in accordance with the Strike and Lockout Law numbered 2822, Article 23, the Official Mediator report had been notified to the Incorporation by the Ministry of Labour and Social Security.

Hava-Is Union has served the strike notification to the Incorporation on 21 May 2010.

18.05.2010

There are some news in the  domestic and international media that The Incorporation will be establishing a Joint Venture airline company with the partnership of Aeroflot. As we have  announced previously, at the present time, there is no Board of Directors’ decision taken regarding a strategic partnership with any airline, however, our Incorporation is open to consider any possible opportunities as part of our growth strategy.

14.05.2010

Ref: Announcement dated 21.04.2010

Previously, we have informed that according to the applicable law, the meeting accompanied with the Official Mediator for the 22nd contract period has been completed and the process would continue following the notification to both parties by the authorities of the Official Mediator report.

Thus, the Official Mediator process has been completed and in accordance with the Strike and Lockout Law numbered 2822, Article 23, the Official Mediator report has been notified to the Incorporation by the Ministry of Labour and Social Security.
 

12.05.2010

The Incorporation has approved the increase of paid-in capital of  Turkish Technic, 100% subsidiary of Turkish Airlines. According to this decision,   the increased amount of 375.000.000 TL will be paid in cash by the Incorporatıon in accordance with the procedures.    As a result of this increase, the paid-in capital of Turkish Technic will increase from 318.000.000 TL to 693.000.000 TL.

11.05.2010

Traffic results for the period of January-April 2010 are as follows:

• During the period of January-April 2010 total passenger carried has increased by 21%, reaching to 8.4 million passengers from 6.9 million passengers for the same period of 2009. International Business Class and international to international transit passengers increased by 32% and 29.6% respectively for the same period.
• L/F increased by 4 point to 71%.
• ASK with 22.7% increase reached to 19.5 bn during the period January-April 2010 from 15.9 bn for the same period of 2009.
• RPK with 30% increase reached to 13.9 bn during the period of January-April 2010 from 10.7 bn for the same period of 2009.
• Number of landing 61.655 for the period of January-April 2009 has increased to 72.720 in 2010 (+18%).
• Cargo/Mail carried during the period of January-April 2010 reached to 98.744 tons from 65.670 tons in 2009 (+50,4%).

06.05.2010

The final report for the accident that TC-JGE registered Turkish Airlines aircraft suffered prior to its landing while performing the TK1951 Istanbul-Amsterdam flight on Wednesday, February 25, 2009, has been released by the Dutch Safety Board.  Attached is the Press Release including our Incorporation’s opinions and aspects regarding the released final report.
 
Turkish Airlines remains in keeping with its flight operations safe and in accordance with both national and international regulations as indicated in the report.  The released report will be analyzed in more detail by all relevant departments of Turkish Airlines, and a second press release will be distributed if necessary.
 

06.05.2010

The Incorporation has decided to lease 3 A320-200 aircraft with serial numbers MSN 3896, 3931 and 3949 from Osprey Aircraft Leasing Limited (Twenty), Kuwait Turk One Ltd. ve Kuwait Turk Two Ltd., to be delivered on May 2010.
 

30.04.2010

The Incorporation has decided to start operating Istanbul-Naxcivan-Istanbul route in the year 2010, based on aircraft availability.
 

30.04.2010

The Incorporation has decided to start operating Istanbul-Podgorica-Istanbul route in the year 2010, based on aircraft availability.
 

30.04.2010

Ref: Announcement Dated 20/04/2010

With regard to Article 8 of Turkish Airlines’ Articles of Association; The Board of Directors’ decision dated 20/04/2010, numbered 75, related to the inspection of paid in capital increasing from 875.000.000 TL to 1.000.000.000 TL by adding 125.000.000 TL, paid from the net income,  it has been determined that 125.000.000 TL has been transferred from the related accounts to the paid in capital account on 20.04.2010

The Board of Directors have decided the following:

1. To distribute the bonus shares of 125.000.000 TL, which are registered under Group A Shares, to the shareholders according to the Central Registry procedures.
2. To report to Capital Markets Board that the process of increasing paid in capital has been done completely and duly.
3. To start the necessary process of registration to Commercial Registry and announcement at the Turkish Commercial Gazette that the Incorporation’s paid in capital is 1.000.000.000 TL, within 10 days after receiving the necessary documents from the Capital Markets Board.
 

28.04.2010

The Incorporation has decided to appoint Board Members Mehmet Büyükekşi and Mehmet Muzaffer Akpınar to Member of Auditing Committee and Prof. Dr. Cemal Şanlı, Turan Erol, Ph.D and Orhan Birdal to Member of the Corporate Governance Committee.
 

21.04.2010

Ref: Announcement dated 13.04.2010

Previously, we have informed that at the last meeting between the Incorporation and Hava-İş Union, accompanied with the Mediator, both parties have agreed to extend the process for 6 more days and thus, the Mediator process has been extended until 21.04.2010.

As of today, 21.04.2010, according to the applicable law, the meeting accompanied with the Official Mediator for the 22nd contract period has been completed. The process will continue following the preparation of the Official Mediator report and notification to both parties by the authorities.

20.04.2010

General Assembly Meeting of the Incorporation was held on 20.04.2010. Upon voting;
* Consolidated balance sheet and income statement for 2009 with the net profit of 559.076.280,00 TL, prepared in accordance with the Capital Market consolidated report (CMR) and with the profit of 332.792.278,44 TL prepared inaccordance with the legal books were seperately voted and they were approved by majority votes of the attendants.
* The release of the Board of Directors and Board of Auditors were approved by majority votes of the attendants.
* Consolidated balance sheet and income statement for the period of 01.01.2009 – 31.12.2009, which is audited by DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., in accordance with Capital Market Board (CMB) Rules XI; No:29, the net income according to Capital Market consolidated report is 559.076.280, 00 TL; according to legal books is 332.792.278,44 TL .

• Thus, according to the Turkish Commercial Law Article 466, 5% of net income according to the legal books, 16.639.613,92 TL will be reserved as primary legal reserves.
• Taking the donation of 15.968,34 TL made in 2009 into consideration, the net income after the legal reserve according to CMR is 542.452.634,42 TL; according to legal books is 316.152.664,52 TL.
• Dividend payment (%23.0435) will be made as bonus share, 125.000.000 TL ( 0.1429 TL dividend per 1 TL share) will be paid as bonus share to shareholders.
• Taking into consideration that the Incorporation is in need of financing the purchase of the new aircraft, the dividend will be made only as bonus share and accordingly the paid-in capital of the Incorporation will increase from 875.000.000 TL to 1.000.000.000 TL;
• After the distributions completed; the amount left from the net income according to CMR of 417.436.666,08 TL, according to the legal books of 191.152.664,52 TL will be transferred to the extraordinary reserves.
• The authorization is given to the Board of Directors to finalize the date for the distribution of bonus shares within the limits as per Capital Market Rules, by unanimously votes of the attendants.

* Article 3., 6., 25., 26. ve 36 of Turkish Airlines’ Articles of Association has been changed as shown in the Attachment, by the majority votes of the attendants.
* Mr. Hamdi TOPÇU (as the Chairman and the representative of the C Group Share), Mr. Temel KOTİL, Mr. Orhan BİRDAL, Mr. Mehmet BÜYÜKEKŞİ, Mr. Muzaffer AKPINAR, Mr. Cemal ŞANLI and Mr. Turan EROL were elected as the members of the Board of Directors, by majority votes of attendants.
* Mr. Naci AĞBAL (as the representative of the C Group Share), Mr. İsmail GERÇEK and Mr. Ateş VURAN were elected as the members of the Board of Auditors by the majority votes of the attendants.

20.04.2010

At the Board Meeting held on 20.04.2010, the Board of Directors have appointed Board Members, Mr. Hamdi Topçu as the Chairman of the Board and Mr. Cemal Şanlı as the Deputy Chairman of the Board.

20.04.2010

At the Board Meeting held on 20.04.2010, The Board of Directors have appointed Mr. Hamdi Topçu as the Chairman of the Executive Committee; Mr. Cemal Şanlı as the and Deputy Chairman of the Executive Committee and Mr. Temel KOTIL as the member of the Executive Committee.

20.04.2010

The Board of Directors have decided to authorize General Management in order to execute the necessary procedures related to the following: Related to the increase of the Incorporation’s paid in capital from 875.000.000 TL to 1.000.000.000 TL;

• The Incorporation will increase its’ paid in capital up to 1.000.000.000 TL, by issuing bonus shares of 125.000.000 TL, within the Registered Capital of 2.000.000.000 TL
• Bonus shares of 125.000.000 TL (%14,29), can be paid from the net income of 542.452.634,42 TL according to Capital Market Board, after the primary legal reserves.
• The bonus shares will be issued according to the Central Registry procedures and all of them are registered under Group A shares.
• The distribution of bonus shares will be made in exchange of dividend coupon number 20 on the 11th series shares.
• The distribution of bonus shares to the shareholders will start within 5 working days after the completion of the procedures related to the regulations of the Capital Market Board and Istanbul Stock Exchange

20.04.2010

Due to the ash clouds originated from the volcanic eruption in Iceland affecting the airport transportation in Europe, 57% of our European flights have been cancelled and 67 thousand passengers have been affected by these cancellations during 15-19 April.  Five day cumulative revenue loss and the additional costs due to these flight cancellations to the Incorporation totalled 6.5 million Euro. The Incorporation is still working in order to minimize the affects of the cancellations on our passengers. The flights will resume right after receiving permission gradually for air transportation.

13.04.2010

Ref: Announcement dated 30.03.2010

Previously, we have informed that because the negotiations between the Incorporation and Türkiye Sivil Havacılık Sendikası (Hava-İş Union) regarding the 22nd contract period, had been unsuccessful due to disagreement on some items, The Ministry of Labour and Social Security Istanbul District Office has sent a notification to the Incorporation on 30.03.2010, stating that the Mediator has been assigned .
At the last meeting between the Incorporation and Hava-İş Union, accompanied with the Mediator, both parties have agreed to extend the process for 6 more days and thus, the Mediator process has been extended until 21.04.2010

09.04.2010

Traffic results for the period of January-March 2010 are as follows:

• During the period of January-March 2010 total passenger carried has increased by 26%, reaching to 6.2 million passengers from 4.9 million passengers for the same period of 2009. International Business Class and international to international transit passengers increased by 32% and 37% respectively for the same period.
• L/F increased by 4,2 point to 70,3%.
• ASK with 27% increase reached to 14.5 bn during the period January-March 2010 from 11.4 bn for the same period of 2009.
• RPK with 35% increase reached to 10.2 bn during the period of January-March 2010 from 7.5 bn for the same period of 2009.
• Number of landing 44.567 for the period of January-March 2009 has increased to 54.015 in 2010 (+21,2%).
• Cargo/Mail carried during the period of January-March 2010 reached to 74.070 tons from 47.545 tons in 2009 (+55,8%).

05.04.2010

Consolidated balance sheet and income statement for the period of 01.01.2009 – 31.12.2009, which is audited by DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., in accordance with CMB Rules XI; No:29, the net income according to Capital Market consolidated report is 559.076.280 TL; according to legal books is 332.792.278 TL . At the Booard Meeting dated 05.04.2010; the Incorporation has decided to propose for the approval of the following by the shareholders at the upcoming General Assembly on 20.04.2010;

Thus, according to the Turkish Commercial Law Article 466, 5% of net income (16.639.614 TL) will be reserved as primary legal reserves.  Dividend payment (%23.0435) will be made as bonus share, 125.000.000 TL ( 0.1429 TL dividend per 1 TL share) will be paid as bonus shares to shareholders. After the distributions completed; the amount left from the net income according to CMB of 417.436.666 TL, according to the legal books of 191.152.665 TL will be transferred to the extraordinary reserves. As a result of bonus share, the capital share will be increased from 875.000.000 TL to 1.000.000.000TL.  Divident Statement of 2009 is  attached.

30.03.2010

The Incorporation has decided the Ordinary General Assembly of Shareholders meeting related to 2009 operations, to take place on April 20th, 2010 at 14:00 pm, at the Head office located at General Management Building, Ataturk Airport, Yesilköy, Bakirköy-Istanbul.The agenda of the meeting is indicated below.

A G E N D A
1. Opening statement and appointment of the Board of Assembly.
2. Giving authority to the Board of Assembly to sign the Minutes of Meeting.
3. Reading and discussing Board of Director’s and Auditor’s reports for 2009.
4. Voting for the acceptance of 2009 Financial Results.
5. Voting for the release of the Board of Directors and Auditors on Financial and Operational activities
of 2009.
6. Voting for the distribution of dividend payment of 2009.
7. Voting for the acceptance of the changes in Article 3., 6., 25., 26., 36. of Turkish Airlines Articles of Association. (ATTACHMENT 1)
8. In compliance with the Capital Market Board’s decision dated 09.09.2009, No:28/780, informing the share holders  regarding the collateral, pledge, mortgage, revenue and benefits given in favor of third parties.
9. Informing the share holders regarding the donations made in 2009.
10. Voting for the acceptance of Mr. Turan Erol to be a Board Member and Mr. Hamdi Topçu to represent Group C shares and to be the Chairman Of the Board.
11. Selection of Board of Directors.
12. Selection of Auditors.
13. Voting on the salary of Board of Directors and Auditors.
14. Recommendations and closing statements.

 

30.03.2010

Ref: Announcement dated 04.03.2010

Previously we have informed that because the negotiations between the Incorporation and Türkiye Sivil Havacılık Sendikası (Hava-İş Union) regarding the 22nd contract period, had been unsuccessful due to disagreement on some items, the parties had signed ‘Disaccord Protocol’ on 03.03.2010 and that the mediator process would start.

The Ministry of Labour and Social Security Istanbul District Office has sent a notification to the Incorporation today, stating that the Mediator has been assigned .
 

26.03.2010

The Incorporation has decided to start operating  from Sabiha Gökçen to/from Copenhagen, Stockholm and from Ankara to/from Dusseldorf, Frankfurt, Vienna, Tehran, Copenhagen, Stockholm, Amsterdam, Brussels, Paris, London, Cologne and Jeddah by Anadolu Jet in the 2010 Summer Schedule.
 

26.03.2010

The Incorporation has decided to continue operating from Ankara to/from Tehran, Dusseldorf, Cologne, Frankfurt and Vienna by Anadolu Jet. 
 

26.03.2010

The Incorporation has decided to continue operating Ankara-İzmir-Ankara route by Anadolu Jet.
 

26.03.2010

The Incorporation has decided to operate Istanbul-Alexandria-Istanbul route after obtaining the traffic rights.
 

16.03.2010

There are some news in the media that The Incorporation has been meeting for a strategic partnership with Serbian Airlines, JAT. We would like to announce that, at the present time, there is no Board of Directors’ decision taken regarding a strategic partnership with JAT Airways, however, our Incorporation is open to consider any possible opportunities as part of our growth strategy.

12.03.2010

Ref: Previous announcement dated 10.10.2008

Turkish Technic AŞ, owned 100% by the Incorporation, has decided to sign a contract with YDA Group İnşaat Ticaret ve Sanayi A.Ş., for the completion of the hangar construction at Sabiha Gökçen International Airport within 36 months.

12.03.2010

Traffic results for the period of January-February 2010 are as follows:

• During the period of January-February 2010 total passenger carried has increased by 25%, reaching to 3.9 million passengers from 3.1 million passengers for the same period of 2009. International Business Class and Transit passengers increased by 30% and 40% respectively for the same period.
• L/F increased by 2,8 point to 69,1%.
• ASK with 29% increase reached to 9.3 bn during the period January-February 2010 from 7.2 bn for the same period of 2009.
• RPK with 34,5% increase reached to 6.4 bn during the period of January-February 2010 from 4.8 bn for the same period of 2009.
• Number of landing 28.604 for the period of January-February 2009 has increased to 34.870 in 2010 (+21,9%).
• Cargo/Mail carried during the period of January-February 2010 reached to 45.613 tons from 28.651 tons in 2009 (+59,2%).

05.03.2010

The Incorporation has decided to lease 2 B737-700 aircraft with serial numbers MSN 32419 and 32420 from BOC Aviation Pte. Ltd., to be delivered in March 2010 and April 2010.

05.03.2010

The decision of Air Bosnia to increase its share capital by 8.000.000 KM has been accepted by the Board of Directoros of the Incorporation which has 49% stake. Share capital increase will be paid by the Incorporation per the Incorporation’s share. The total share capital of Air Bosnia will be 26,773,272.70 KM after the mentioned increase.

04.03.2010

Ref: Announcement dated 08.01.2010

Previously we have informed that the first meeting for the negotiations between the Incorporation and Türkiye Sivil Havacılık Sendikası (Hava-İş Union) regarding the 22nd contract period would take place on January 19th, 2010. Because the negotiations started on the given date have, as yet, been unsuccessful due to disagreement on some items, the parties have signed ‘Disaccord Protocol’ on 03.03.2010. Henceforth, the mediator process will start. Both the Incorporation and Hava-Is Union representatives indicated that they believe the mutual understanding and positive attitude up until this date will also continue during the upcoming days.

03.03.2010

Recently some newspapers published articles headed ‘THY is after Polish LOT’, indicating that the Incorporation is planning to acquire LOT Airlines. We would like to announce that there is no Board of Directors’ decision taken regarding the acquisiton of Poland’s national airline LOT, however, our Incorporation is open to consider any possible opportunities as part of our growth strategy and that the Incorporation has no specific motivation for this matter.

02.03.2010

The Incorporation has decided to increase the registered share capital of the Incorporation from 500 Million TL to 2 billion TL and also decided to include establising school and educational institution and also making donations in compliance with the corresponding regulations into the Article 3 Field of Activities of the Incorporation of The Articles of Association. The Incorporation has applied to Capital Markets Board (CMB) for the approval.

26.02.2010

The Incorporation has decided to lease 1 B737-700 aircraft with serial number MSN 34760 from Continuity Air Finance VIII B.V., to be delivered in March 2010.

12.02.2010

The Incorporation has decided to appoint Mr. Turan Erol, Ph.D as the Member of the Board, which will be submitted to the approval of shareholders at the upcoming General Assembly .

Biography of Turan Erol, Ph.D.
Having completed his undergraduate degree in Economics in 1985, graduate degree in 1989, Mr. Turan Erol received his Ph.D. degree in Economics from Netherlands Erasmus University in1996. During 1997-2003, he worked as an Associate Professor and gave lectures in economics and finance at Başkent University. In February 2003, he was appointed to Member of Capital Markets Board of Turkey, he then served as the Acting Chairman of the Capital Markets from December 2004 to June 2007 and as the Chairman from June 2007 to February 2009. Mr. Turan Erol is married with two children.

11.02.2010

Traffic results for the period of January 2010 are as follows:

• During the period of January 2010 total passenger carried has increased by 26,0%, reaching to 2.0 million passengers from 1.6 million  passengers for the same period of  2009.  International Business Class and Transit passengers increased by 31,3% and 46,2% respectively for the same period.
• L/F increased by 3,2 point to 68,6%.
• ASK with 29,2% increase reached to 4.9 bn during the period January  2010  from 3.8 bn for the same period of  2009.
• RPK with 35,6% increase reached to 3.4 bn during the period of January 2010 from 2.5 bn for the same period of  2009.
• Number of landing  14.993 for the period of January 2009 has increased to 18.195 in 2010 (+21.4%).
• Cargo/Mail carried during the period of January 2010 reached to 21.299 tons from 13.277 tons in 2009  (+60.4%).

04.02.2010

The Incorporation has decided to place firm order of 10 B737-800 and 10 B737-900ER aircraft from Boeing, to be delivered in the year 2011-2014  with an option of additional 15  B737-800/B737-900ER aircraft, to be delivered in the year 2013-2015.

01.02.2010

The Incorporation has decided to continue Istanbul-Lagos route to Accra in 2010, based on aircraft availability.

01.02.2010

The Incorporation has decided to start operating Istanbul-Shiraz-Istanbul route in the year 2010.

01.02.2010

The Incorporation has decided to start operating Istanbul-Sochi-Istanbul route in the year 2010, based on aircraft availability.

01.02.2010

The Incorporation has decided to start operating Istanbul-Washington DC-Istanbul route, based on wide-body aircraft availability.

01.02.2010

The Incorporation has decided to start operating Istanbul-Los Angeles-Istanbul route, based on wide-body aircraft availability.

01.02.2010

The Incorporation has decided to start operating Istanbul-Entebbe-Dar Es Salaam-Entebbe-Istanbul route in the year 2010.

01.02.2010

The Incorporation has decided to start operating Istanbul-Erbil-Istanbul route, upon obtaining the Civil Aviation authorizations.

13.01.2010

Traffic results for the period of January-December 2009 are as follows:

• During the period of January-December 2009 total passenger carried has increased by 11,0%, reaching to 25.1 million passengers from 22.6 million passengers for the same period of 2008. International Business Class and Transit passengers increased by 6,2% and 43,4% respectively for the same period.
• L/F decreased by 3,1 point to 70,9%
• ASK with 22,0% increase reached to 56.5 bn during the period January-December 2009 from 46.3 bn for the same period of 2008.
• RPK with 17,0% increase reached to 40.1 bn during the period of January-December 2009 from 34.3 bn for the same period of 2008.
• Number of landing 190.277 for the period of Jan-December 2008 has increased to 213.625 in 2009 (+12.3%).
• Cargo/Mail carried during the period of Jan-December 2009 reached to 237.783 tons from 198.837 tons in 2008 (+19.6%).
   

12.01.2010

The Board of Directors decided to establish Vice Presidency (Sales &Marketing). Faruk Çizmecioğlu, Head of Marketing and Sales, has been appointed as Vice President (Sales & Marketing) and first degree signature right has been given to himself.

08.01.2010

The first meeting for the negotiations between the Incorporation and Türkiye Sivil Havacılık Sendikası (Hava-İş Union) regarding the 22nd contract period will take place on January 19th, 2010 at 14:00pm.

05.01.2010

In addition to Auditing Commitee Members, Prof.Dr. Cemal Şanlı and Mehmet Büyükekşi, The Incorporation has appointed Inspection Board Member, İsmail Gerçek, as the Auding Commitee Member, replacing Chairman of the Board, Hamdi Topçu at the Auditing Commitee.

04.01.2010

The Incorporation has decided to purchase 14 Airbus A321-200, 6 Airbus A319-100 aircraft to be delivered in the year 2011-2012 and 10 optional Airbus A319/A321 to be delivered in the year 2013.