- In June 2024, Turkish Airlines saw 7.82 million passengers, a 1% increase from last year.
- Passenger load factor dropped slightly to 82.3%, compared to 83.6% in June 2023.
- Domestic passengers amounted to 3.01 million, a small decrease of 0.3% year-over-year.
- International passengers reached 4.8 million, showing a 1.7% growth year-over-year.
- For the first half of the year, Turkish Airlines transported 40.6 million passengers, up by 4.8% compared to the same period last year.
- Analyst recommendations for Turkish Airlines are predominantly positive, with 17 buy ratings, 2 hold ratings, and no sell ratings.
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
Turk Hava Yollari Anonim Ortakligi (THY), commonly known as Turkish Airlines, is looking promising for long-term investors based on the Smartkarma Smart Scores. With top scores in the Value and Growth categories, the company shows strength in terms of its financial health and potential for future expansion. This indicates that THY offers good value for investors and has strong growth prospects ahead.
Although the company’s scores in Dividend, Resilience, and Momentum are not as high, the overall outlook remains positive for Turk Hava Yollari Ao. Investors may see potential long-term gains in their investment as the company continues to serve various destinations worldwide, including domestic routes and international hubs across different continents.
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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