Istanbul Sabiha Gokcen Airport pax up 22%, cargo up 44% in Jul-2014
CAPA > Aviation News > Istanbul Sabiha Gokcen Airport pax up 22%, cargo up 44% in Jul-2014
7-Aug-2014 2:58 PM
Turkish Airlines suffered wider losses in 1Q2014 as a drop in unit revenues negated the benefit of lower unit costs (both in USD terms). Capacity growth, in ASKs, was more than 21%, but revenues grew by only 15%. RASK was particularly weak in the domestic market, due to capacity growth (especially at Sabiha Gökçen, where it competes with LCC Pegasus) and currency weakness, and was also affected by the shift of Easter into April in 2014.
More:Istanbul Sabiha Gokcen Airport pax up 22%, cargo up 44% in Jul-2014 | CAPA - Centre for Aviation
