Turkish Airlines posts huge Q2 2014 profits

Turkish Airlines recorded 398 million TRY (US$182.49 million) net profit in the second quarter and 172 million in first half of 2014.


airlines profit revenue


Turkish Airlines recorded 398 million TRY (US$182.49 million) net profit in the second quarter and 172 million in first half of 2014. Sales revenue increased by 37 per cent in the first half, reaching 11,3 billion TRY.

Compared to the same period of 2013, sales revenue increased by 37 per cent (15 per cent in USD terms) reaching 11,3 billion TRY. Turkish Airlines recorded 495 million TRY operating profit and 398 million TRY net profit in the second quarter of 2014, completing the first half year with 312 million TRY operating profit and 172 million TRY net profit.

Turkish Airlines fleet consists of 263 aircraft comprising of 200 narrow body, 54 wide body and nine cargo aircraft.