Turkish Airlines targets $14 billion in revenue this year

The national flag carrier Turkish Airlines (THY) has said it aims to carry 80 million passengers and $14.1 billion in revenues this year.

Its target includes 33 million domestic and 47 million international passengers, Turkish Airlines announced on Jan. 14 in a filing with Borsa Istanbul.

The national flag carrier served a total of 75.2 million passengers last year, a 10 percent increase from 2017.

While passenger load factor is expected to be in the band of 81 percent and 82 percent, total Available Seat Kilometers [ASK] will approximately reach 195 billion with an increase of 7 percent to 8 percent compared to 2018, the airline said.

Capacity [ASK] increase is expected to be 3 percent in Turkey, 11 percent in the Middle East, 6 percent in Europe, 8 percent in Far East, 7 percent in America and 15 percent in Africa regions.

In 2019, cargo/mail carried is expected to rise by 3-4 percent, reaching around 1.45 million tons, it added.

Source: Civil Aviation Authority