6-May-2026 1:14 PM
Turkish Airlines cargo business serves as a natural hedge
Turkish Airlines Group stated (01-May-2026) its cargo business continues to serve as a natural hedge for Turkish Airlines. Cargo revenue increased in 1Q2026 by 30%, driven by volume growth, strategic capacity expansion, and response to quickly to evolving market conditions. [more - original PR]
Background ✨
Turkish Airlines Group reported cargo volume rose 14.8% year-on-year to 481,000 tonnes in the three months ended 31-Mar-2026, alongside 21.3 million passengers and an 83.5% load factor.1 In Mar-2026 alone, it carried 198,300 tons of cargo (+8.8%) across 44,743 flights.2 Turkish Airlines CFO Murat Seker said it saw rising cargo yields and additional westbound Asia-Europe passenger demand.3