Turkish Airlines sees moderate increase in passenger numbers in 2020

Turkish Airlines said it sees a load factor of 81-82pc, around the same level of 81.6pc in 2019. The airlines'
24 Jan, 2020
  • Turkish Airlines said it sees a load factor of 81-82pc, around the same level of 81.6pc in 2019.
  • The airlines' shares rose some 2.5pc at Friday's open, following the release of the forecasts.

In a statement to the Istanbul stock exchange, Turkish Airlines said it sees a load factor of 81-82pc, around the same level of 81.6pc in 2019.

It forecast an EBITDAR margin of 23-25pc and a consolidated sales revenue of $14.5-14.8 billion for 2020.

The airlines' shares rose some 2.5pc at Friday's open, following the release of the forecasts.

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