Turkish Airlines is abandoning its no-fuel-hedging policy and will hedge approximately 10% of its expected 2009 consumption "in order to fix expenses and to minimize the negative impact of spot price fluctuations on total costs," it said. THY transported 22.8 million passengers in 2008, up 15% from 2007, on a 12.9% rise in RPKs to 34.1 billion. Business class passengers climbed 23.2% and overall capacity was up 11.3% to 46.3 billion ASKs, lifting load factor 1.1 points to 73.8%.

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