Turkish Cargo Sees Double-digit Growth in First Half of 2017
Turkish Cargo continues the upward trend in becoming one of the world’s fastest growing air cargo brands, by increasing their share in the global air cargo market with 24% year-on-year growth in revenue within the first half of 2017.
Part of the growth is due in thanks to the carrier launching seven new service points within the last two months, increasing their cargo destinations to 72 by the end of August 2017 which was at 55 at the beginning of 2016. Having generated a wide corridor extending to Africa from Asia and to the Latin America from the Europe, Turkish Cargo has passed through the first half of 2017 with a great success.
The carrier has also invested and expanded their extensive flight network, and made an indelible impression at the international market with its two Boeing 747-400 freighters it has incorporated into their fleet. Turkish Cargo said that by increasing the number of their freighters, as well as the better utilization of the capacity increased in parallel therewith, they have enhanced seat capacity utilization ratios by 11 points.
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 by 46.8 percent in the Chinese market.
Currently, Turkish Cargo has seen a 26.1% increase with respect to the cargo carried on year-on-year basis, as of the end of June of 2017.