Earnings Alerts

Turk Hava Yollari Ao (THYAO) Earnings: May Passenger Numbers Revealed, 7.25M Passengers Recorded

  • Turkish Airlines had 7.25 million passengers in May 2024.
  • This is a 1.8% decrease compared to May 2023, when there were 7.38 million passengers.
  • The passenger load factor in May 2024 was 79.8%.
  • This is down from 81.9% in May 2023.
  • There were 2.68 million domestic passengers in May 2024.
  • This represents an 8.2% decrease from the previous year.
  • International passengers numbered 4.57 million in May 2024.
  • This is a 2.5% increase from May 2023.
  • Analysts have made 19 recommendations on Turkish Airlines: 17 buy, 2 hold, and 0 sell.

A look at Turk Hava Yollari Ao Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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, commonly known as Turkish Airlines, shows a positive long-term outlook. With a strong Value score of 5, the company is considered undervalued, potentially indicating room for future growth. Additionally, a high Growth score of 5 suggests promising prospects for expansion and increasing market share in the airline industry. However, its Dividend score of 1 implies a lower focus on distributing dividends to shareholders. While the Resilience score of 2 indicates some sensitivity to economic fluctuations, a Momentum score of 4 highlights a solid upward trend in the company’s performance.

Turkish Airlines, or THY, is a leading player in the air transportation sector, providing services to a wide range of destinations spanning across different continents. The company’s strong Value and Growth scores from Smartkarma’s analysis point towards a potentially bright future for THY. Despite a lower Dividend score and moderate Resilience score, the company’s positive Momentum score signals momentum in its operations. As Turkish Airlines continues to expand its reach globally, investors may see opportunities for long-term growth and profitability in the company.


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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