Turkish Airlines recorded a core operating profit of $2.2bn in 2025, as strong passenger demand and premium travel helped the global carrier navigate geopolitical tensions, trade disputes and supply chain disruptions.
The airline disclosed in a statement that its total revenue rose 6.3 per cent year-on-year to $24.1bn, supported largely by growth in passenger operations, particularly in international and premium travel segments.
Financial results released by the carrier showed that fourth-quarter revenue climbed 12 per cent compared with the same period in 2024 to $6.3bn, while profit from core operations increased 23 per cent to $534m.
According to the airline, earnings before interest, tax, depreciation, amortisation and rent stood at $5.7bn in 2025, while the EBITDAR margin reached 23.7 per cent, exceeding the midpoint of the company’s long-term target.
Despite rising costs linked to global inflation and supply constraints affecting aircraft engines and deliveries, the airline said it maintained strong operational performance throughout the year.
The company reported that its consolidated assets rose to $46.6bn during the period under review, while total employment across its subsidiaries exceeded 101,000 workers.
As part of its expansion drive, Turkish Airlines invested $6bn in 2025, bringing its total investments over the last five years to about $20bn.
Operationally, the airline expanded its fleet by five per cent year-on-year to 516 aircraft by the end of 2025. It also transported 92.6 million passengers and handled 2.2 million tonnes of cargo, marking its highest operational performance in history.
Passenger revenue grew 7.4 per cent on the back of strong international demand and increased premium travel. Although global trade slowdowns and tariff pressures reduced cargo unit yields, the airline said it offset the impact with a 16.6 per cent rise in cargo volumes, generating $3.4bn in cargo revenue.
The Chairman of the Board and Executive Committee of the airline, Ahmet Bolat, said the results demonstrated the carrier’s ability to adapt to changing global conditions.
“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,” Bolat said.
He added that investments and strategic partnerships established during the year strengthened the airline’s global reach and supported its long-term development objectives.
The airline noted that strong operational performance recorded toward the end of 2025 continued into the early months of 2026, with positive results in January and February supporting expectations that its 2026 EBITDAR margin would remain within the long-term target range of 22 to 24 per cent.
The airline said it would continue expanding its global footprint while supporting sustainable growth in the aviation industry to maintain its claim as the network carrier operating the most flights in Europe.
It added that its long-term “Centennial Strategy” would guide future investments to strengthen its fleet, expand routes and improve service quality across its global network.
