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Turkish Airlines Records 81.4 % Increase in Passengers

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Turkish Airlines - Investors King
  • Turkish Airlines Records 81.4 % Increase in Passengers

Turkish Airlines said its passenger and cargo traffic results increased by 84.1 per cent in November 2018, describing it as an indication of its continued growth measured in the number of passengers, revenue per kilometer and load factor.

According to its November 2018 traffic results, the carrier said the total number of passengers flown went up by four per cent compared to the same month of 2017.

Turkish Airlines said it flew 5.5 million passengers, culminating in the 84.1 per cent increase, which was two per cent higher compared with figures of the same period last year.

The carrier said while international passengers figures increased by three points, domestic passenger traffic inched towards 84 per cent

A statement by the carrier reads: ”International-to-international transfer passengers, that is transit passengers, went up by approximately eight per cent while the number of international passengers, excluding international-to-international transfer passengers, transit passengers, went up by 13 per cent.

“In the same month, cargo/mail volume continued the double digit growth trend and increased by 25 per cent, compared to the same period of 2017.

“Main contributors to this growth in cargo/mail volume, are North America with 45 per cent, Africa with 32 per cent, Far East with 23 per cent and Europe with 21 per cent increase.

“In November, Africa, North America, Far East and Middle East showed load factor growth of five points; four points, three points and two points respectively.”

According to the January-November 2018 traffic figures, there was an increase in demand and total number of passengers, which stood at 10 per cent over the same period of last year. Total number of passengers reached 69.7 million. Total load factor improved by three points up to 82 per cent, while international load factor increased by three points, reaching 82 per cent, domestic load factor went up by one point, reaching 85 per cent .

It further reads: ”Excluding international-to-international transfer passengers, transit passengers, the number of international passengers went up significantly by 12 per cent. Cargo/mail carried during the eleven months of the year also increased by 25 per cent, reaching 1.3 million tons.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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