Turkish Cargo sees freight traffic take off in 1H

Turkish Cargo registered a double-digit percentage improvement in cargo revenues during the first half of the year, helped by strong growth in the Chinese market.
The Istanbul-headquartered airline saw total cargo revenues increase by 25% year on year during the first six months of 2017 to $580m on the back of a 26% increase in cargo carried to 516,000 tons.
The company said that the improvement in volumes and revenues came on the back of growth in the Chinese market and increased connectivity with the Middle East.
In total, the airline’s cargo business now offers services to 72 destinations while its freighter fleet totals 15: three A310-300s, nine A330-200s, one A300-600 and two B747-400s.
 By the end of the year, the airline will have added two B777Fs to its all-cargo fleet, although it will return four of its wet-leased aircraft.
“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 company said.
Read more air cargo finance news

Share this story

Related Topics

Latest data news

2020 in numbers: The year of freighters and preighters

By Chris Seymour, head of market analysis, Ascend by Cirium

The airfreight sector had just come out of its worst year for traffic in a decade, driven by weak global…

Read More

Share this story

CLIVE: Airfreight market improves for fourth consecutive month

By Rachelle Harry

The airfreight market has showed signs of improvement for the fourth consecutive month, CLIVE Data Services’ and TAC Index’s latest…

Read More

Share this story

Airfreight rates on the up in August

By Damian Brett

Air cargo rates on some of the world’s busiest routes began to pick up again in August while the outlook…

Read More

Share this story