Equity Analysis /
Turkey

Turkey air travel: Total PAX increased to 15.7mn in Oct, 81% of the 2019 level

  • Domestic PAX in Turkey increased to 7.1mn in October which is 84% of its 2019 level

  • International PAX increased to 8.6mn in October which is 79% of its 2019 level

  • We think the stellar performance in Int'l PAX in Oct is mainly due to addition of UK to quarantine free travel to Turkey

Aytunc Uz
Aytunc Uz

Equity Research Analyst

ATA Invest
9 November 2021
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