Turkish Airlines recorded a net loss of US$644 million for the first half 2016, ending June 30, compared to a profit of $350 million in current dollars for the same period a year ago. The carrier credited political instability, security challenges in a number of its markets and an economic downturn for its poor results.
Cargo tonnage carried rose 12 percent to 389,000 tonnes in the first half, however revenue fell by $1 million, year-over-year, to $464 million. The sources of cargo revenue al…
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Source: aircargoworld