Turkish Airlines said its fourth quarter profit from main operations increased by 23% compared to the previous year, reaching $534 million, bringing the 2025 profit from main operations to $2.2 billion.
In a statement released yesterday, it further said in the same fourth quarter of 2025, total revenues increased by 12% year over year, reaching $6.3 billion , while total revenues for the full year exceeded $24 billion.
“ In 2025, the EBITDAR (Earnings Before Interest, Tax, Depreciation, Amortization and Rent) margin exceeded the mid-point of the long-term target, reaching 23.7 %. Consolidated assets amounted to $46.6 billion, while total employment, including subsidiaries, exceeded 101 thousand”.
It said in line with the company’s strategic objectives, the value of investments made during the year reached $6 billion . “Accordingly, over the last five years, the total value of investments was recorded at $20 billion”.
“ Despite geopolitical developments, strong performance in January and February support expectations that the 2026 EBITDAR margin will be in the 22-24% range within the Company’s long-term target”.
Maintaining its position as the network carrier operating the highest number of flights in Europe, Turkish Airlines sustained its steady growth throughout 2025 despite geopolitical tensions and economic uncertainties caused by trade wars, as well as aircraft delivery and engine supply issues in the aviation industry, it said.
“Despite production bottlenecks, our Company expanded its fleet by 5% year over year to 516 aircraft by the end of 2025 and welcomed the “second 500” period with 92.6 million passengers and 2.2 million tons of cargo, recording the highest operational results in its history”.
“ In 2025, our Company’s total revenues increased by 6.3% year over year to 24.1 billion USD supported by the strong contribution from the passenger operations. Passenger revenues increased by 7.4%, driven by favorable demand in international and premium segments. The decline in cargo unit yields stemming from the slowdown in global trade volumes and the adverse effects of tariffs was offset by a 16.6% increase in cargo volume, resulting in 3.4 billion USD of cargo revenue. Under ongoing inflation driven cost pressures and engine issues, our Company’s 2025 Profit from Main Operations was recorded at 2.2 billion USD”.
Commenting on 2025 third quarter results, Turkish Airlines Chairman of the Board and the Executive Committee, Ahmet Bolat stated in the statement said “Despite an exceptionally challenging and unpredictable operating environment, the financial success we achieved in 2025 once again showed our ability to adapt to rapidly changing commercial and geopolitical conditions thanks to our diversified revenue structure. In line with our long-term value creation objectives, the investments we implemented and the commercial partnerships we established throughout 2025 served as milestones that further expanded our global reach and contributed to our Company’s continued progress toward its Centennial vision.”
