Airline

Turkish Airlines revenues increase, increasing expenses weigh down profit

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Turkish Airlines revenues increase, increasing expenses weigh down profit

Turkish Airlines' total revenues climbed 9.6% year-on-year (YoY) in the first quarter 2024 to $4.8bn. While its passenger revenues were up 4.8% YoY to $3.8bn, its cargo revenues surged 27% to $750 million as demand for e-commerce increased throughout the financial period. Its net income was down sli...

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