The demand, from investors both in Turkey and abroad, at almost five times the amount of shares made available in the public offering, was an indication of confidence in, and appreciation of, our success. Although ours was a ‘domestic public offering’, close to 65% of the demand arose from foreign investors. Thanks to the good will shown by you during our public offering, we would like to extend our gratitude to our investors both at home and abroad, and especially to you, our esteemed passengers.

While the number of people making the acquaintance of air travel is rising as a result of our reduced fares in Turkey, the domestic market has grown by 50% over the last year. An increase of close to 30% in the number of international passengers has also been achieved in the last year in connection with developments in the economy and in the tourism sector. This growth is going to gain even further momentum with the commencement of Turkey’s European Union negotiations.