Turkish Airlines operating profits jump 72% in 2015

  • Son Güncelleme: 1/03/16 13:44:56
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Revenues rose to TL28.8 billion compared to TL24.2 billion in 2014 while costs also rose to just under TL23 billion from TL19.7 billion a year before.

In US dollars the Istanbul-based carrier reports a $1.07 billion operating profit for the year, up from $823 million in 2014.

The carrier carried 61.2 million passengers in 2015 and load factors averaged 78%.

Turkish Airlines chairman Ilker Aycı says the carrier generated an increased profit despite “fierce competition” in the global aviation industry and the “political and economical instabilities over its [Turkish Airlines] operating environment and significant currency fluctuations”.

Turkish Airlines notes that following the signing of a letter of understanding between it and LOT Polish Airlines in 2015 to "initiate an enhanced cooperation between the two airlines" talks regarding this cooperation are "still ongoing and any further development will be announced accordingly".

Kaynak: www.kokpit.aero

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