Turkish Cargo sees 24% increase on y-o-y growth during H1 2017
Turkish Cargo achieved a growth of 46.8% in the Chinese market and succeeded to generate an income growth of 24% on yoy basis within the first half of 2017
August 24, 2017
By PLA Editor
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Turkish Cargo, which is one of the fastest-growing air cargo brands offering services to 120 countries, continues to maintain its powerful growth strategy which has been carried out over the last decade successfully, and increases its share in the global air cargo market.
Turkish Cargo, which has launched seven new service points over the last two months, will have a total of 72 cargo destinations by the end of August,’17 from 55 at the beginning of 2016. Having generated a wide corridor extending to Africa from Asia and to the Latin America from Europe, Turkish Cargo has had a very successful first half of 2017.
Thanks to the aircraft fleet it has leveraged, Turkish Cargo boosted its extensive flight network, and made an indelible impression on the international market with the addition of two Boeing 747-400 F freighters. The increase in freighters also let to better utilization of the capacity.
Thanks to the uptrend it has achieved, Turkish Cargo ranked in the top ten of the international air cargo carriers based on the data presented by WorldACD in June 2017. Having reinforced its growth momentum with its regional accomplishments, Turkish Cargo has not only become the third air cargo company linking up Pakistan, Poland and the United Arab Emirates to the world, and the fifth air cargo company linking up Austria, Bangladesh, Egypt and Finland to the world, but also gained a growth success of 46.8% in the Chinese market.
The carrier has accomplished an increase of 24.4% with respect to its revenue and 26.1% with respect to the cargo carried on year-on-year basis, as of the end of June.