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Turkish Airlines reports revenue

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Turkish Airlines reported a net profit of $406 million from January to June this year

Turkish Airlines reported $4.78 billion in global sales revenue between January and June 2015 and net profits of $406 million for the same period.

The airline also disclosed an operating profit of $238 million, outperforming the first half of 2014 by 21 per cent. In the first six months of 2015, a period with severe fuel price and currency fluctuations, Turkish Airlines grew its net profit by 4.6 times compared to the same period of 2014 with the help of its diversified debt structure and dynamic risk management strategies.

Turkish Airlines realised a capacity increase of 10.1 per cent in the first half of 2015 and carried 28.5 million passengers across its 212,000 flights with a load factor of 77.8 per cent.

For the UAE markets with flights to Dubai and Abu Dhabi, total passengers carried increased by 6.1 per cent, reaching 216,411 passengers between January to June 2015. Business Class passengers increased by 16.5 per cent for the same period.  

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