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CSAFE Global



ISTANBUL: June 08, 2017. Turkish Airlines has reported a gross profit of US$117 million on revenue of US$1.93 billion for Q1 2017 as the contribution from its cargo business rose 20 percent to reach US$253 million year-on-year.

In May, the volume of cargo and mail increased a further 33.2 percent compared to the same month in 2016, as overall network capacity increased 2.0 percent with the delivery of its 30th B777-300ER.

Helping Turkish Cargo's revenue increase during Q1 were several sales events including 'logipharma' in Montreux, where the airline presented its IATA CEIV competence to Roche, Novartis, Bayer, GSK, Pfizer, Johnson & Johnson, Teva, Lilly and OctaPharma; and also held meetings with DHL, Panalpina Agility, Fiege, Envirotainer and cSafe to improve business relationships.

THY Cargo 2In Barcelona the airline spoke to local forwarders about its cold chain hub in Istanbul, additional widebody capacity and its all-cargo network; while in Frankfurt Turkish chief cargo officer Turhan Özen presented the company's vision of being one of the top five air cargo companies by the year 2023.

Noting Turkish Cargo's focus on pharmaceuticals and other specialized cargo, Özen reiterated the importance of customer feedback from business partners and customers in order to improve the quality of the airline's operational and commercial processes.

Other events featuring the company during the first five months of this year included Seafood Expo 2017, where 26,000 buyers, suppliers and aquaculture specialists from over 140 countries met in Brussels for the 23rd time, and Air Cargo Europe at Messe Munchen's transport logistic, where Özen and his team talked Turkish Cargo to over 170 customers, agents, airlines and airport authorities.

Later this year the airline will be rolling out its red carpet to welcome industry leaders at 'logitrans' – a joint venture between Messe Munchen and Turkey's EKO Fair that last year welcomed 13,500 visitors from 50 countries, and 180 exhibitors from 26 countries.

Located once again at the ifm Istanbul Expo Center, "logitrans represents an important marketing platform," according to Lars Günsel from the Logistics Alliance Germany. "It is not just about gaining access to the Turkish market, but contact with the neighboring countries plays an important role too."

Georg Karabaczek, the Austrian Business Delegate for Turkey, added: "The field of logistics is an important sector for Austrian companies too and Turkey is a significant market. The exhibition brings together the representatives of important logistics specialists and is an excellent opportunity to establish contacts as the number of visitors attending continues to rise."

CSAFE Global






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