Turkish Airlines reports a 2.2 billion USD Profit from Main Operations for 2025, supported by strong passenger demand and network growth that helped the airline carry 92.6 million passengers during the year.
Total revenues exceeded 24 billion USD, while fourth quarter revenues rose 12% year over year to 6.3 billion USD, according to the airline’s latest financial results.
The flag carrier says its fleet expanded 5% to 516 aircraft by the end of 2025 despite aircraft delivery delays and engine supply issues affecting the aviation sector. The airline also transported 2.2 million tons of cargo and continued to operate the highest number of flights among network carriers in Europe.
Fourth quarter Profit from Main Operations increased by 23% year over year to 534 million USD. For the full year, total revenues reached 24.1 billion USD, up 6.3% compared with 2024, driven mainly by growth in passenger demand, particularly in international and premium travel segments.
Passenger revenues increased by 7.4% during the year. Cargo revenues totaled 3.4 billion USD after cargo volumes increased by 16.6%, offsetting lower cargo yields linked to slower global trade and tariff pressures.
The airline’s operational cash generation indicator, EBITDAR, reached 5.7 billion USD in 2025. The EBITDAR margin stood at 23.7%, exceeding the midpoint of the company’s long-term target range.
Consolidated assets rose to 46.6 billion USD while total employment across the group, including subsidiaries, surpassed 101,000 people. Turkish Airlines says investment spending reached 6 billion USD in 2025, bringing total investments over the past five years to about 20 billion USD.
Despite geopolitical tensions, trade disputes and ongoing supply constraints in the aviation sector, Turkish Airlines says it maintained steady growth throughout the year. The company continued expanding its global network and fleet while managing cost pressures linked to inflation and aircraft engine issues.
“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,” said Prof. Ahmet Bolat, Chairman of the Board and the Executive Committee of Turkish Airlines.
“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,” he added.
Strong performance continued into the first months of 2026, according to the airline, with results in January and February supporting expectations that the EBITDAR margin for 2026 will remain within the company’s long-term target range of 22% to 24%.
Turkish Airlines says its strategy focuses on expanding its global route network, maintaining a modern fleet and strengthening partnerships while supporting the long-term growth of the aviation sector.
