Air Freight News

Turkish Cargo achieved the highest growth rate among the top 25 air cargo carriers

May 04, 2020

Turkish Cargo, the fastest growing air cargo brand in the world, achieved the highest growth rate among the best 25 air cargo carriers with 16.6 percent growth rate, according to the International Air Transport Association's (IATA) Freight Tonne Kilometers (FTK) February'20 results.

Previously ranking 8th in 2019, Turkish Cargo rose to 5th place and increased its global FTK market share to 4.4 percent, while the global air cargo industry shrank by 2.6 percent, according to FTK data, which is the measure of a flight's freight carrying capacity calculated by multiplying the number of tonne of freight on an aircraft by the distance travelled in kilometers.

On the successful growth of the Turkish Cargo, Turkish Airlines Chairman of the Board and the Executive Committee, M. İlker Aycı stated: “Just like our nation, we are a company that cannot abide losing or giving up. During these difficult days where the only thing we can do is to carry cargo, we are doing our duty to the best of our abilities while doing valuable work for humanitarian and commercial ends. The success of Turkish Cargo shows our commitment to carry our country to a central position in the world for the air cargo sector. Our geopolitical location and available means will help our country to become a more significant player in the air cargo sector following the Covid-19 pandemic. Therefore, we will be marching with surer footing towards our goal of making Turkish Cargo one of the top five air cargo brands in the world by 2023.

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