Turkish Airlines made record-level profits during 2003 all airlines around the world faced serious difficulties. the Iraq war and the SARS epidemic in the Far East, Turkish Airlines closed the first six months of the year with a small loss. , thanks to the confidence of the passengers, the competitive pricing policy, flexible planning, and cost reduction measures, Turkish Airlines profits for domestic and international flights during 2003 were 253,000,000 million TL. Projections for the aviation sector in 2004 indicate that international air transport will grow by 7 percent, forecasted growth for the Turkish air transport sector is 10 percent. , with the increase in both the domestic and international flights, Turkish Airlines aims to enlarge and renew its fleet by the purchase of new aircraft.