Stellar first six months of the year for Turkish Cargo

posted on 9th August 2018 by Justin Burns
Stellar first six months of the year for Turkish Cargo

Fast expanding Turkish Cargo handled 28 per cent more cargo in the first half of 2018 compared to the same period last year as growth of its freighter and belly route network pays off.

Tonnage increased to 660,000 tonnes and this in turn led to a revenue surge of 35 per cent – as cargo revenue was up to $784 million in the first six months of the year.

The carrier has set its sights on becoming one of the world’s largest freight carriers, and now operates services from Asia to Africa, Europe and Latin America.

Parent carrier Turkish Airlines’ total revenue also increased significantly during the first half of the year approximately by 30 per cent compared to the same period of last year reaching $6 billion.

During the first half of the year, the carrier also managed to increase net operating profit up from $17 million to $258 million and growth came despite increasing fuel prices.

The airline now runs belly and freighter services to 49 domestic and 255 international destinations, a total of 304 in 122 countries.

Fleet-wise Turkish now operates 325 aircraft, 215 narrowbodies, 92 widebodies and 18 freighter aircraft, as of today and it aiming to reach a fleet of 500 aircraft by 2023.