Turkish Airlines has maximized the wealth of its owners as the number of passengers increased by 9.3 percent and the flag carrier carried 68.6 million passengers.
This compared to the previous year when the load factor reached 79.1 percent as it was up 4.7 points. The flag carrier has reached highest December load factor rate with 79.5 percent in the last month of 2017 in its history.
İlker Aycı, chairman of the Board and the Executive Committee of Turkish Airlines had gave the first signal of the global carrier’s proven success at the end of 2017, in January 2017 and İlker Aycı had stated that; ‘‘ We believe that 2017 year will be much better year than 2016. We made our plans and savings accordingly. We are analyzing the conditions of our home country, our region, our industry, the developments and trends in aviation and tourism sector.
“I believe that we will complete 2017 successfully and Turkish Airlines will complete the year with increased power, brand value and market share once again’’.
Total Load Factor improved by 5.1 points to 79.7 percent with an increase of 8.9 percent in Available Seat Kilometer, while international LF increased by 5 points to 79.2 percent. Domestic and International flights have reached the highest LF of Turkish Airlines history.
Double-digit growth in demand (revenue per kilometer) that commenced in July, kept on with 16.3 percent demand growth.
Total number of passengers carried went up by 21.4 percent reaching 5.5 million passengers. Compared to December 2015, number of passengers carried and demand increased by 17 percent.
Excluding international-to-international transfer passengers (transit passengers), number of international passengers went up by 39 percent.
In December, cargo/mail volume increased by 18.4 prcent, compared to December 2016. Main contributors to the growth in cargo/mail volume are Middle East with 28.7 percent increase and Europe with 24% increase.
In December, Load Factor increased for all regions. Middle East, North America and Africa showed visible growth among other regions with 7.1 point, 6.8 points and 5.6 points increase, respectively.
During January-December, increase in demand and total number of passengers was 7.9 percent and 9.3 percent, respectively, over the same period of last year. Total number of passengers reached to 68.6 million.
During January-December, total Load Factor improved by 4.7 points up to 79.1 percent, while international Load Factor increased by 5 points, up to 78.4 percent.