ISTANBUL, March 6 (Reuters) - Turkish Airways THYAO.IS stated on Friday it noticed a 5% decline in
ISTANBUL, March 6 (Reuters) – Turkish Airways THYAO.IS stated on Friday it noticed a 5% decline in bookings for the approaching months as a result of international coronavirus outbreak.
Flights to Asia had been essentially the most effected, it stated in a teleconference, including that its 2020 targets must be revised and that a number of situations, together with reducing the frequency and capability of flights, had been being evaluated.
Regardless of ticket cancellations, the airline stated it didn’t anticipate a major lower in working revenue within the first quarter.
The flagship service stated the compensation from its grounded Boeing 737 Max plane was largely mirrored within the 2019 stability sheet, whereas talks can be performed once more for 2020.
(Reporting by Ceyda Caglayan and Can Sezer; Writing by Ali Kucukgocmen; Enhancing by Jonathan Spicer)
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