- Turkish Airlines had a passenger load factor of 83.8% in September 2024.
- The load factor decreased from the previous year, which was 84.9% in September 2023.
- The airline carried 2.68 million domestic passengers, marking a 7.9% decrease compared to the previous year.
- International passenger numbers were almost steady at 5 million, experiencing a slight decrease of 0.6% year-over-year.
- Analysts’ sentiment is predominantly positive, with 20 buy ratings, 1 hold rating, and no sell ratings for Turkish Airlines stock.
A look at Turk Hava Yollari Ao Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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 Smartkarma Smart Scores, Turk Hava Yollari Ao, also known as Turkish Airlines, shows a positive long-term outlook. The company scores high in areas like value and growth, indicating strong potential for future performance. With a strong value score of 5 and growth score of 5, Turk Hava Yollari Ao demonstrates promising fundamentals and is positioned well for expansion and profitability.
Although the company’s dividend and resilience scores are lower, with a score of 1 and 2 respectively, its momentum score of 4 suggests a favorable trend in market performance. Overall, Turk Hava Yollari Ao appears to be a solid investment option, especially for investors seeking growth opportunities in the airline industry.
**Summary:** Turk Hava Yollari Anonim Ortakligi (THY), known as Turkish Airlines, provides passenger and cargo air transportation services to a wide range of destinations globally, including domestic locations, 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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