Turkish Airlines announces record high net profits in 2015
Turkish Airlines has reported a 1 billion 69 million USD net profit, surpassing a billion dollars for the first time in its history, reports Borsa Istanbul.
Profit from main operations stood at 895 million USD with an increase of 32 percent from the previous year. Turkish Airlines generated sales revenue of 10 billion 522 million USD in 2015.
In 2015, Turkish Airlines realised a capacity increase of 13.6 percent and carried 61.2 milllion passengers on its 453,000 flights with a load factor of 78 percent.
“Turkish Airlines has reinforced its position among the most profitable airlines with these financial results. It has been a challenging year with fierce competition in the global Aviation industry, combined with political and economicl instabilities and significant currency fluctuations.” said İlker Aycı, Turkish Airlines’ chairman of the board and the executive committee.