Turkish Airlines operating profits slip in third quarter

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Turkish Airlines operating profits slipped to TL864 million ($423 million) for the three months ending 30 September, though remained virtually unchanged at a net level at TL705 million.

The Star Alliance carrier lifted revenues 28% to TL5.69 billion during the third quarter.

Turkish Airlines' revenues over the first nine months have jumped from a little over TL11 billion to TL13.9 billion this year. Operating profits over the first nine month are TL150 million at TL1.3 billion, though net profits are TL50 million down at TL82 million.