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Turkish Airlines’ consolidated financial statements in the first quarter of 2013 were reported to Borsa Istanbul


As compared with the same period of 2012, Turkish Airlines sales revenue increased by 28% and reached to 3,6 billion TL. Additionally, overall operating loss has been improved at the rate of 87% to 23 million TL, and net profit has been improved at the rate of 24% to 22 million TL. Despite the loss figures according to the seasonal factors, radical improvement in results points to a better financial standing for 2013 as compared with 2012.

During the first quarter of 2013, 10 million passengers were carried by the rate of an 26% increase in passenger traffic. In response to the 21% increase in available seat kilometers (ASK), revenue passenger kilometers (RPK) increased by 30%, therefore the percent of the passenger load factor amounted to 77.9% percent in system-wide increasing by 5.1 points. International to international transfer passengers shared in the total international passenger rate which reached to 40%. According to the International Air Transport Association (IATA), for the same period the overall industry growth in terms of the ASK and RPK, were respectively 2,3% and 4,2%.

Along with the 6 new routes that have been launched in 2013, total number in international lines reached to 187, and the number of countries flown to is 99. As from today, the number of aircraft on the fleet of Turkish Airlines is 219, which comprises 173 narrow body, 37 wide body, and 9 cargo aircrafts. In addition to the earlier aircraft orders which have been recently made as 117 aircrafts to Airbus and 95 aircrafts to Boeing by targeting a giant fleet, Turkish Airlines’ fleet will be composed of approximately 400-450 aircrafts in coming 10 years.

Considering Turkish Airlines’ ten-year growth plans with the third airport to be built in Istanbul, Turkey will have much wider global access and Istanbul will become one of the biggest hub cities in the world for international air tranport.


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