Turkish Cargo posts February performance

Lauren Eldershaw
By Lauren Eldershaw April 12, 2019 13:39

Turkish Cargo posts February performance

Turkish Airlines’ air cargo brand, Turkish Cargo, managed to increase its cargo tonnage by 9.6% in February despite the shrinking in the global air cargo sector.

Turkish Cargo posted a 9.6% increase in its tonnage despite the 5.8% shrinkage in the air cargo market along with 5.7% fall in the demand according to IATA (International Air Transport Association) reports during January and February.

Turkish Cargo increased its market share in the sold tonnage by 0.6 points in the first two months of the year compared to last year and reached a growth of 4.3%, while increasing its cumulative market share by 0.4 points to 4.1% and achieved sustainable growth.

Turkish Airlines Chairman of the Board and the Executive Committee, M. İlker Aycı stated: “We are happy about the continuous rise of Turkish Cargo in the global air cargo market. We can’t say that the success we achieved during the first two months of 2019 was a surprise. We continuously experience these exciting achievements especially in recent years. For instance, in the last two years, we rose from 12th place to 7th place after surpassing five big global air cargo brands from Europe and Far East. Especially considering that the shrinkage in the demand for the market causes gloom in the sector with disappointing numbers, this success brightens the future of Turkish Cargo even more.”

Lauren Eldershaw
By Lauren Eldershaw April 12, 2019 13:39