Turkish Airlines 1Q 2024 Earnings Results Presentation

Turkish Airlines reported first quarter 2024 results with total revenues up 9.6% to $4.8 billion, driven by 4.8% passenger revenue growth and 26.9% cargo revenue surge. Passenger traffic increased 8.4% with 18.5 million passengers carried, though EBITDAR margin declined slightly to 16.3% due to higher personnel expenses.