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MarketScreener Homepage  >  Equities  >  ISTANBUL STOCK EXCHANGE  >  Turk Hava Yollari AO    THYAO   TRATHYAO91M5

TURK HAVA YOLLARI AO

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Turk Hava Yollari AO : Turkish Airlines adds 6 new destinations to its expanding network, as well in June

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06/03/2013 | 05:06am EDT
Turkish Airlines adds 6 new destinations to its expanding network, as well in June

03.06.2013

With service to 100 countries, Turkish Airlines adds Marseille (France), Constanta (Romania), Tallinn (Estonia), Vilnius (Lithuania) and Luxembourg, following the addition of Al-Qassim (Saudi Arabia)

While ranking among the world's major airline companies with its impressive growth figures and already having the world's 4th largest flight network by flying to 229 destinations in 100 countries, Turkish Airlines continues to grow by adding new destinations to its expanding network.

With existing services to Paris, Lyon, Nice and Toulouse, Turkish Airlines adds flights to Marseille as its 5th destination in France. Beginning June 4th, Marseille flights will be operated 4 times per week on Tuesdays, Wednesdays, Fridays and Sundays in both directions. Introductory round trip fares are available from Istanbul to Marseille starting at 99 Euros (including taxes and fees). Additionally, for the first 6 months in our new destinations, there is a special offer for our Miles&Smiles members, with a 25% reduction in the miles needed to redeem either award tickets or upgrades.

Marseille flight times as planned by June 4th;

Flight No. Days Departure Arrival
TK1365 Tuesday, Wednesday, Friday, Sunday Istanbul 11:25  Marseille 13:45
TK1366 Tuesday, Wednesday, Friday, Sunday Marseille 15:35
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Financials (TRY)
Sales 2019 81 052 M
EBIT 2019 6 673 M
Net income 2019 4 195 M
Debt 2019 57 093 M
Yield 2019 -
P/E ratio 2019 4,34x
P/E ratio 2020 3,32x
EV / Sales2019 0,92x
EV / Sales2020 0,90x
Capitalization 17 871 M
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Mean consensus BUY
Number of Analysts 15
Average target price 19,69  TRY
Last Close Price 12,95  TRY
Spread / Highest target 108%
Spread / Average Target 52,0%
Spread / Lowest Target 2,70%
EPS Revisions
Managers
NameTitle
Bilal Eksi Deputy Chairman & Chief Executive Officer
Mehmet Ilker Ayci Chairman
Aykut Alpa Chief Flight Operations Officer
Murat Seker Chief Financial Officer
Ahmet Bolat Chief Investment & Technology Officer
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