Milliardtap for Turkish

[Someone]

Turkish Airlines vokser fortsatt kraftig, men svak valuta og høye oljepriser har for det gjort at profit er snudd il tap, og TK tapt €248 millioner i første halvår

http://www.centreforaviation.com/an...-on-exchange-rate-losses-and-fuel-costs-58035

The Star Alliance member reported an unexpectedly heavy net loss of TRY543.6 million (EUR248 million) in the first six months, as spiralling fuel costs and massive foreign exchange losses from financial leases neutralised revenue gains. The airline reported an operating loss of EUR135 million in the period, a sharp turnaround from 1H2010’s EUR60 million operating profit. Its EBIT margin of -6.1% compares poorly to the airline’s five-year average (2005-2010) of 7.3%.

 

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