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From Dooshima Terkura, Makurdi
Turkish Airlines has announced a profit from main operations of USD 1.1 billion for the third quarter of 2025, driven by resilient operational performance and strong demand across its global network.
The Chairman of the Board and Executive Committee of Turkish Airlines, Prof. Ahmet Bolats, who stated this in a statement issued to our correspondent on Monday, said it’s a continuation of its growth trajectory in line with its 2033 Strategic goals.
The Chairman said during the July–September 2025 period, total revenues rose by 4.9% year-over-year to approximately USD 7 billion, bringing total revenues for the first nine months of the year to USD 17.8 billion, while Profit from main operations stood at USD 1.1 billion for the quarter and USD 1.7 billion for the January–September period.
Consolidated assets reached USD 43.2 billion, while total employment, including subsidiaries, exceeded 101,000. In line with its long-term investment strategy, the airline invested USD 3.6 billion during the first nine months of the year.
Despite global industry challenges such as trade disruptions and aircraft engine-related constraints, Turkish Airlines carried 27.2 million passengers during the third quarter the highest third-quarter figure in its history.
The airline has now sustained growth for 18 consecutive quarters, increasing passenger capacity by 8.2% compared to the same period last year and pushing capacity 43% above pre-pandemic levels, Passenger revenues rose by 6.1%, supported by solid demand and higher capacity, while total revenues grew 4.9% year-on-year. Although yield softening and cost pressures impacted profitability, the company recorded a healthy EBITDAR of USD 2.1 billion, representing a margin of 29.6%.
Prof. Ahmet Bolat stated “The profit we achieved in the third quarter of 2025 once again underscores Turkish Airlines’ adaptability under diverse operational conditions through its diversified revenue structure. As Türkiye’s most valuable global brand and a recognized leader in the aviation industry, we remain committed to sustainable growth and long-term success in line with our 2033 strategy.”
He said Turkish Airlines also continued to strengthen its international partnerships during the quarter adding that “In addition to new codeshare agreements signed with global airlines, the company finalized an agreement with Air Europa, one of Spain’s leading carriers, for the acquisition of a minority stake.
“This partnership is expected to enhance global connectivity, expand cargo and passenger traffic between Türkiye and Spain, and contribute to Türkiye’s tourism growth by opening new markets in Latin America.”
He noted that as of September 2025, the airline’s fleet had grown by 8.4% year-on-year, reaching 506 aircraft, despite ongoing production bottlenecks in the aviation industry.
To further support its growth ambitions, he said Turkish Airlines concluded negotiations with Boeing for 50 firm and 25 option orders of B787-9/10 aircraft, along with 100 firm and 50 option orders of B737-8/10 MAX aircraft saying the acquisitions align with its long-term goal of expanding its fleet to over 800 aircraft by 2033.
The Chairman said with strong October traffic results, including a 19% increase in passenger numbers and a 16% rise in cargo volume and healthy forward bookings, the airline expects its 2025 year-end EBITDAR margin to remain within the 22–24% range, consistent with its long-term targets.
He expressed Turkish Airlines’ continued commitment to advance confidently toward its 2033 Centennial Strategy, strengthening its global leadership position while delivering sustainable value for stakeholders and contributing to Türkiye’s economic growth.
