Turkish Cargo, Carrier is now ranked fourth among the global air cargo airlines
Following its stellar performance and according to the June 2022 data issued by the World Air Cargo Data (WACD), the International Air Cargo information provider and its stellar performance, Turkish Cargo’s market share was reported at 4.8% while the air cargo market shrunk by 6.9 percent.
“Turkish Cargo’s geopolitical position and infrastructure capabilities will also lead our country to become an even more important player in the air cargo industry,” asserted Prof. Dr. Ahmet Bolat, Turkish Airlines Chairman of the Board and the Executive Committee.
Among the top in the Asian, European and Middle East markets
Rising to the first place in the Eastern European market and surpassing top brands in America, Europe and the Far East, Turkish Cargo managed to carry one cargo out of five air freight consignments in the world as well. Global carrier ranked second in the UAE where it grew by 18 percent on the basis of sale-tonnage on year-on-year basis and ranked third in India, the airline said in a press communique.
Record growth in market share, flight network and transported tonnage
Flying to more international destinations than any other airline in the world in terms of passenger and cargo flights as well, Turkish Cargo serviced 73 direct destinations in 2017, while the current number reached 100, showing an increase of 36.98 percent. The national carrier plans to develop further in this area and serve 120 direct cargo destinations by 2025.
The volume of cargo carried by Turkish Cargo has increased along with its flight network and fleet, and its tonnage volume in 2021 increased by 59.43 percent compared to 2017 and reached 1.8mn tons.
The global carrier brand aims to become one of the top three air cargo carriers in terms of service quality and become one of the best three air cargo carriers in the world, reaching a global revenue of US$ 3.5bn and a logistics ecosystem worth US$ 2bn in 2025.
As one of the fastest growing air cargo brands in the world, Turkish Cargo continues to raise the bar for success higher day by day and combines its wide range of services and operational capabilities with the unique geographical advantages of its hub in Türkiye, the airline concluded in its press statement.
Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!
