Turkish Cargo climbs up to 4th place among global air cargo carriers

Published: Tuesday, August 2, 2022

ISTANBUL, Türkiye—Turkish Cargo’s worldwide airfreight market share rose to 4.8% pushing its rank to climb up to the 4th place among global air cargo carriers, according to market intelligence research firm World Air Cargo Data (WACD).

“This success achieved by Turkish Cargo demonstrates our commitment to make Türkiye the heart of the air cargo industry in the world. Turkish Cargo’s geopolitical position and infrastructure capabilities will also lead our country to become an even more important player in the air cargo industry. Thus, we will realize our goal of ensuring Turkish Cargo’s place as one of the top 3 air cargo brands in 2025 in accordance with our plans,” said Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Dr. Ahmet Bolat.

Rising to the first place in the Eastern European market and surpassing top brands in America, Europe and the Far East, Turkish Cargo managed to carry one cargo out of 5 in the world as well. It ranked 2nd in the United Arab Emirates market, where it grew by 18 percent on the basis of sale-tonnage on year-on-year basis and ranked 3rd in India.

Turkish Cargo, which entered a period of rapid growth after 2010 with the strategies implemented, continued its rise with a positive differentiation during the pandemic period when the global air cargo industry was going through a difficult period.

As recorded by IATA data in 2010, the carrier ranked 33rd in the world. Then, according to WorldACD data, Turkish Cargo ranked 10th with a market share of 3.2 percent in 2017, and 4th with a market share of 4.8 in June 2022.

Flying to more international destinations than any other airline in the world in terms of passenger and cargo flights, Turkish Cargo was servicing 73 direct destinations in 2017, and now tops 100, up by 36.98 percent.

Turkish Cargo aims to further widen the routes it serves to 120 by 2025. The cargo carrier transported 1.8 million tons of various goods in 2021, pushing its global revenue to $3.5 billion.

Photo Caption

Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Dr. Ahmet Bolat