Turkish Airlines Maintains Above-Average Growth Rates

Turkish Airlines’ (THY) aggressive fleet and network expansion resulted in a 23% increase in revenue in the first half of 2013 to TRY8.2 billion ($4.1 billion), while operating profit rose 192% year over year to TRY439 million. However, net profit fell by 29% to TRY121 million, mainly due to the...

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