- Chidozie Uzoezie
Turkish Airlines Reaches Highest Load Factor in 2018
Turkish Airlines, the flag carrier of Turkey has announced its traffic results for March 2018. Its Total Load Factor improved by 6 points, with an increase of 13% in capacity.
Its international Load Factor increased by approximately 6 points to 81.7% and domestic Load Factor to 84% in March.
Upon the double-digit passenger increases in January and February, total number of passengers carried went up by 24% reaching 6 million passengers, in March. This passenger increase enabled the highest load factor in March in the last five years with 82% load factor.
Double digit growth in demand (revenue per kilometer) that commenced in July 2017, kept on with 22% demand growth in March 2018.
Excluding international-to-international transfer passengers (transit passengers), number of international passengers went up by 28%. This has been an important indicator of the continued growing interest in Turkey.
In March, cargo/mail volume increased by 29%, compared to March 2017. Main contributors to the growth in cargo/mail volume, are N. America with 49% increase, Middle East with 42% increase, Africa with %38 increase and Europe with 32% increase.
In March, Load Factor increased for all regions. N. America, C.&S. America, Africa, Europe showed visible load factor growth among other regions with 12 points, 10 points, 10 points and 5 points increase, respectively.
While traffic results between January-March 2018 showed an increase in demand and total number of passengers was 25% and 29%, respectively, over the same period of last year. Total number of passengers reached to 17 million.
During the first quarter, total Load Factor improved by 6.5 points up to 80.5%, recording the highest load factor in Turkish Airlines history for the first quarter.
While international Load Factor increased by 7 points up to 80%, domestic load factor went up by approximately 4 points to 85%. Thus, Turkish Airlines reached the highest international load factor in the last five years and record high domestic load factor in its history.
Cargo/mail carried increased by 38% and reached 312 thousand tons, thanks to strong pick up in cargo/mail volume in March of 2018.