Turkish Airlines yesterday said it achieved a net profit of $874 million in 2008, which would represent a nearly fourfold increase from the $224 million reported in 2007, on increasing revenue and traffic. The carrier also said it "continues with the tender procedure" on its long-awaited aircraft order. It is in talks with both Airbus and Boeing regarding the purchase of 25 long-haul aircraft plus 10 options and 50 narrowbody aircraft plus 20 options. Last month it placed an order for five ...

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