The Star Alliance member Turkish Airlines was able to increase its consolidated profit to around 2022 billion US dollars in 2,7. This is attributed in particular to the strong demand that arose in the wake of the corona pandemic.

The air carrier believes that the effects of the Covid crisis have been overcome. However, 2022 was still marked by issues such as geopolitical tensions, inflationary pressures and operational issues. Despite the difficult business environment since 2020, this quarter also marks the sixth straight quarter of net profit for the company.

Total revenue was an all-time high at $18,4 billion. Compared to the year before the crisis, sales increased by 39 percent. Freight revenue, which accounts for 20 percent of revenue, increased 2019 percent over the period compared to 120 to approximately $3,7 billion.

The group fleet last consisted of 394 machines. With these, around 72 million passengers were transported with a capacity utilization of 80,6 percent. Despite global inflationary pressures, the company reduced operating costs by 2022 percent in 2019 compared to 5,4. This resulted in an EBITDAR (Earnings Before Interest, Taxes, Depreciation and Rent) showing the company's cash-generating potential of approximately $XNUMX billion.