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Posted On: 28 August 2013 11:41 am
Updated On: 12 November 2020 02:13 pm

Turkish Airlines’ first half consolidated financial statements were reported

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Turkish Airlines’ first half consolidated financial statements were reported to Borsa Istanbul. Compared to the same period of 2013, Turkish Airlines sales revenue increased by 23% reaching 8,2 billion TL. Compared to the first half of 2012, overall net operating profit improved 192% to 439 million TL. Net profit decreased by 29 percent to 121 million TL , mainly due to currency translation differences and tax effect. During the first half of 2013, 22,4 million passengers were carried impliying a 26% increase in passenger traffic. In response to the 21% increase in available seat kilometers (ASK), revenue passenger kilometers (RPK) increased by 27%, resulting in 3,4 points increase in passenger load factor which came to 78,9% systemwide. According to the International Air Transport Association (IATA) the overall industry growth for the same period in terms of passenger, ASK and RPK was 3,7%, 3,9% and 4,8% respectively. In 2013, 15 new international and 5 new domestic routes have been launched, bringing the total number of international lines to 196, total number of destinations to 237 and the number of countries flown to 103. Turkish Airlines’ fleet size as of today is 232, comprising of 182 narrow body, 40 wide body and 10 cargo aircraft. Being rewarded as the ‘Europe’s Best Airline’ three years in a row, Turkish Airlines continues to consolidate its successful position and strength, while increasing its product and service quality with the help of strong financial results. - ILQ News -