Originally Posted by rankourabu
no kidding. 49.2% is owned by the gov't.
TK has expanded like crazy in last few years - and is a worldwide recognized airline flying to 5 continents. A3 is a small regional player.
In 2006, 2007, 2008, 2009 and 2010 THY carried 17 million, 19.7 million, 22.5 million, 25.1 million and 29 million passengers with total revenues of US$2.23, $3.0, $4.5, $4 and $5.6 billion, respectively
To that end, TK is doing pretty well and possibly in the future won't need to be as attractive to it's customers as A3, the smaller player, needs to be...hence I just can't but help think TK would devalue/"enhance" their programme in a year or two's time, once they move from the growth stage to maturity,
i.e. just as one build's up a reasonable amount of miles to use.