Outperforming its European competitors, THY reached a turnover of 7.58 billion dollars in the first half of the year. The France-based newspaper wrote of the company’s success.
Turkish Airlines (THY) makes a name for itself with its flights and the number of flights to various destinations around the world.
Lufthansa and Air France, which are important competitors from Europe, follow THY.
“The biggest winner is Turkish Airlines”
French newspaper Les Echos, which wrote about THY’s success, interpreted the company’s success in the first half of the year as “the biggest winner of the crisis”.
“Turkish Airlines emerged as the biggest winner of the crisis in the European skies” In the article published with the title, it was stated that THY, which carried 7.8 million passengers only in July, caught the growth and profit rate before the epidemic.
$7.58 billion turnover in the first half of the year
It was stated that the company is the most profitable company among traditional airline companies in Europe and the first international airline to make a profit in 2021.
It was emphasized that in the first half of 2022, a turnover of 7.58 billion dollars was achieved, a profit of 737 million dollars was made and a record profit was made.
Outperforms Lufthansa and Air France
According to Eurocontrol’s data, THY is the most active in Europe with 1506 daily flights among the traditional airline companies operating in the European skies, followed by Lufthansa with 1202 flights and Air France with 1065 flights.
“Istanbul Airport also has a share”
It was explained that Ryanair, which only offers low-cost travel, and Easyjet operate more flights than THY in Europe.
According to AA, the article underlined that Istanbul Airport, which has 10 times more capacity than Atatürk Airport, has a share in THY’s success.
In the first 7 months, the number of international passengers in 2019 exceeded
It was reminded that the airport, which opened at the end of 2018, exceeded the number of international passengers in 2019 in the first 7 months of the year, while its main European competitors are still 10-15 percent behind their activity levels before the coronavirus epidemic.
In the air transport market, it was stated that THY rose from 10 to 4 in the world ranking with its supply increasing by 60 percent, while it was stated that THY, which has doubled its cargo revenue since 2019, has now exceeded Air France-KLM’s revenue.
