Turkish Posts 1Q Revenue Gains But Quarter’s Net Profit Shrinks
An 18% year-on-year increase in revenue to TRY1.3 billion (US$830 million) failed to boost Turkish Airlines’ first-quarter net profits, which fell 24% to TRY155 million, compared with the same period last year. The carrier, which posted a 66% decline in operating income to TRY58 million, said the...
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