Turkish Airlines reported a €2.26bn profit for 2024 despite challenges in the aviation sector such as geopolitical and global tensions, aircraft production delays and engine issues.
The airline’s net debt decreased by €7.8bn over three years, indicative of a sound financial strategy.
Turkish Cargo’s cargo volume grew over 20pc, making it the world’s third-largest air cargo carrier.
The fleet increased by 12pc to 492 aircraft in 2024, supporting Turkish Airlines’ ambition to have 800 aircraft by 2033.
Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 491 (passenger and cargo) aircraft flying to 352 worldwide destinations as 299 international and 53 domestics in 131 countries. It is the fifth largest airliner in Europe by passenger numbers with 85.2m passengers in 2024.
