Turkish Airlines targets $14 billion in revenue this year
The national flag carrier served a total of 75.2 million passengers last year, a 10 percent increase from 2017.
“While passenger load factor is expected to be in the band of 81 percent and 82 percent, total Available Seat Kilometers [ASK] will approximately reach 195 billion with an increase of 7 percent to 8 percent compared to 2018,” the airline said.
“Capacity [ASK] increase is expected to be 3 percent in Turkey, 11 percent in the Middle East, 6 percent in Europe, 8 percent in Far East, 7 percent in America and 15 percent in Africa regions.”
In 2019, cargo/mail carried is expected to rise by 3-4 percent, reaching around 1.45 million tons, it added.
Thus, cost per available seat kilometer (CASK), excluding fuel, is expected to increase by 3-5 percent, according to the company’s guidance for 2019.