- Turkish Airlines recorded a passenger load factor of 85.7% in August 2024.
- This is slightly lower compared to the 86.2% passenger load factor in August 2023.
- The number of domestic passengers was 3 million, a decrease of 6.5% year-on-year.
- International passengers totaled 5.42 million, showing a decline of 1.3% year-on-year.
- Analysts’ ratings for Turkish Airlines include 19 buys, 1 hold, and 0 sells.
A look at Turk Hava Yollari Ao Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Turk Hava Yollari Ao, also known as Turkish Airlines, shows promise for long-term growth. The company scored high in the Value and Growth factors, indicating strong potential for future value appreciation and expansion. With a score of 5 in Value and Growth, Turkish Airlines demonstrates solid fundamentals and a positive outlook for investors seeking long-term gains.
However, the company’s performance in other areas such as Dividend, Resilience, and Momentum scored lower. This suggests that while Turkish Airlines may offer growth opportunities, investors should be aware of potential risks and fluctuations in the market. Despite some areas of concern, the overall outlook for Turk Hava Yollari Ao appears optimistic, especially in terms of value and growth potential.
Summary: Turk Hava Yollari Anonim Ortakligi (THY), also known as Turkish Airlines, provides passenger and cargo air transportation services. The Company serves all domestic destinations as well as the Middle East, North America, Europe, Asia, North Africa and South Africa.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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