Turkish Cargo 9-months revenue at $2.7 billion
November 9, 2021: Turkish Cargo revenue increased 45 percent to $2.7 billion for the first nine months of 2021 compared to $1.9 billion in the comparable period of 2020 on more cargo carried and higher freight rates.
For the three months ended September 30, 2021, cargo revenue increased 45 percent to $969 million from $668 million. While revenue from cargo carried in passenger aircraft more than doubled to $307 million, income from cargo carried in freighters increased 19 percent to $662 million.
“Cargo operations continue at full capacity with freighters, and about 15 wide body passenger aircraft are being utilised for cargo operations,” an official statement said.
“The number of passenger aircraft utilised in cargo operations may also be increased depending on the cargo demand environment and passenger flight restrictions. As a result,
