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Turkish Airlines delivers strong growth in Q3 2005

-Revenues up to $1.8 bn (+30%) (2004:$1,358 mn) brought about by: increased seat capacity, up to 13,823 (+16%) and increased load factor, up to 74% (+3 pt). Revenues have been growing at 13% (CAGR) since 2001.

-Net Profits up to $106 mn from (+ 31 % ) $81 mn over the same period in 2004.

-Passenger numbers up to 11m (+20%) against 8.8m a year ago, accommodated by increased seat capacity of 13,832 (+16%) and increased load factor, up to 73,6% (+2.5%).

-Strong growth in domestic and international traffic.

-$200 mn joint venture for technical and maintenance service center, called HABOM, is on track

Turkish Airlines maintains amongst the lowest operating ($6.65: Costs/ASK) and personnel costs ($1.67: Personnel Cost/ ASK) of any AEA airline.

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VP Sales & Business Development Americas
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
VP International Sales & Marketing
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049

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