The airline Turkish Airlines has just published its results for the first half of 2022. They confirm the upturn in global traffic, which is benefiting the Turkish airline in particular. Turkish carried 30.89 million passengers. over the first six months of 2022. This performance is still down 12% on the figures for the first half of 2019. At that time, the airline recorded more than 35 million passengers.
Nevertheless, this is a sign of a return to normal. In the second quarter of 2022, passenger traffic was in fact only 0.8% lower than in the second quarter of 2019. The The average load factor for the first half of the year was 75.6%4.5 points lower than in the same period of 2019 (80.1%).
Passenger yield, on the other hand, rose by 12% while total passenger revenue rose by 7.9%. The net balance returned to a positive 730 million dollars in the first half.
The company is therefore regaining some financial room for manoeuvre. This will be reflected in the expansion of its network. Turkish Airlines has announced plans to open 14 new stopovers around the world in the coming months. In Europe, thehe carrier would like to land at Nantes on departure from Istanbul.the only new opening on French soil.
53% of passenger traffic to and from Europe
It also aims to serve the following European markets Krakow, La Coruna and Palermo. Europe is generating 53% of international passenger movements of Turkish, well ahead of Middle East with 17%.
Turkish would like to add services to the United States from Detroit and Denver. In Africa and the Middle East, the company is planning flights to Abha (Saudi Arabia), Aswan (Egypt), Hargeisa (Somalia) and Port Sudan. Lastly, in Asia, the carrier is targeting just two cities Atyrau in Kazakhstan and Sialkot in Pakistan.
However, Africa accounts for the highest percentage of passengers in transit from Europe. According to figures from Turkish, the African continent attracts 17% of European transfer passengers to Istanbulfollowed by the Far East (10%) and the Middle East (6%).
