- Turkish Airlines saw a total of 6.14 million passengers in March, a slight increase of 0.5% from the previous year.
- The passenger load factor was 79.8%, a decrease from the 82% recorded the previous year.
- Domestic passengers accounted for 2.06 million, a decrease of 2.4% from the previous year.
- International passengers, however, increased by 2% from the previous year, totalling 4.08 million.
- The airline’s shares experienced a significant increase, rising by 5.7% to 306.50 liras.
- A total of 51.9 million shares were traded during this time.
- The airline’s performance resulted in 17 buys, 2 holds, and no sells.
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
Turk Hava Yollari Ao, also known as Turkish Airlines, has a bright long-term outlook according to Smartkarma’s Smart Scores. With a value score of 5 and a growth score of 5, the company is showing strong financial performance and potential for growth. This is supported by its wide range of destinations served, including domestic and international locations in the Middle East, North America, Europe, Asia, and Africa.
However, the company’s resilience score of 2 suggests some potential challenges in weathering economic downturns or unforeseen events. Additionally, with a dividend score of 1, investors should not expect significant returns in the form of dividends. Despite this, the company’s momentum score of 4 indicates positive market sentiment and potential for future growth. Overall, Turk Hava Yollari Ao‘s Smart Scores paint a promising picture for the company’s future prospects in the air transportation industry.
Summary: Turk Hava Yollari Ao, also known as Turkish Airlines, is a company that provides passenger and cargo air transportation services. It serves a wide range of domestic and international destinations and has strong potential for growth with high value and growth scores. However, its resilience score suggests some potential challenges and investors should not expect significant dividends. Nonetheless, the company has positive market sentiment and potential for future growth, making it a promising player in the air transportation industry.
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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