Turkish Airlines is feeling pressure on yields as it grows its transfer business to compensate for a drop in local demand caused by political and economic instabilities in Turkey and Europe. “Our transfer ratio [at Istanbul Ataturk] fell from 50% to 60%. This 10% increase means [we become] a more global player,” CEO Temel Kotil told ATW. “Right now we need to fix transfer passenger income [and drop in yield]. We have to improve yield.” The Istanbul-based carrier ...

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