10-Aug-2018 12:59 PM

Turkish Airlines targeting USD12.5bn in sales revenue in 2018

Turkish Airlines announced (09-Aug-2018) the following financial guidance revision for FY2018:

  • Fuel consumption: +9% year-on-year;
  • Average fuel cost (including fuel hedging): USD700 per tonne;
  • Targeting USD12.5 billion in sales revenue;
  • CASK (excluding fuel): Increase 3% to 5%;
  • Consolidated EBITDAR margin targeted at around 25%. [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More