Turkish Airlines profits surges to TL4 billion in 2018

_A Monitor Report16 Apr, 2019 | 242 Views|-+
Istanbul : Turkish Airlines reported that its net profit soared to TL4 billion (USD745 million) in 2018.

Revenues of the national flag carrier also increased by a strong 58 percent last year to reach TL62.9 billion while its gross profit rose to TL13.5 billion in 2018 from TL7.8 billion in 2017.

The company said that served 75 million passengers last year versus 69 million passengers in 2017.

Turkish Airlines, founded in 1933 with a fleet of five aircrafts, currently has 332 aircrafts, including passenger and cargo planes, and flies to more than 300 destinations in 124 countries.

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