Turkish Airlines plans to increase its share capital to TRY875 million ($557 million) from TRY175 million, according to a filing with the Istanbul Stock Exchange cited by Reuters. It also will pay its first dividend (TRY99 million) since its 1990 IPO. THY reported an $874 million profit in 2008, up nearly fourfold from the prior year (ATWOnline, April 9).
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