Turkish Airlines finished the year 2022 with 2.7 billion USD Net Profit with strong recovery on demand and its operational agility
Source: Turkish Airlines Global aviation industry went through a year of increasing geopolitical tensions and global inflationist pressures while facing operational problems following the Covid-19 pandemic. Turkish Airlines closed 2022 with 2.7 billion USD net profit standing out from its competition thanks to its operational agility, wide flight network and highly skilled workforce it maintained during the pandemic. Our company managed to complete its sixth quarter in a row with a net profit despite the difficult operating environment that persisted since 2020. Total revenue of our company during 2022 was 18.4 billion USD, surpassing that of 2019 by 39% and marking a record high. Constituting 20% of the total revenues, cargo revenues increased by 120% compared to the same period [...]