THY still profitable

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Despite all the losses in the airline industry THY
says that its profit jumped to $97mil. after taxes
during as of the end of 3rd quarter.

The airline is considering the sale of remainder of
A310-300s and is not sure when the order for A330s
will come.  The reason for success is mainly the
restructuring in the airline, such as reduction in
the work force, getting out of nonprofitable markets
such as Kuala Lumpur and reducing the overcapacity
by selling A310s.

BAHA ACUNER - CFI,CFII,MEI

www.bahadiracuner.com

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