Turkish Carrier Sees Strong Passenger Growth Amid Cargo Slowdown

Turkish Airlines has reported a record revenue of $24.1 billion for 2025, driven by a 7.4% increase in passenger transportation. The carrier’s EBITDAR margin stood at 23.7%, with cargo revenue declining to $3.4 billion despite a 16.6% increase in cargo volume. Turkish Airlines expanded its fleet by 5% to 516 aircraft and invested $6 billion in operations and global reach. The carrier expects continued growth in 2026, with EBITDAR margins remaining within the 22-24% range. This development was first reported by AeroTime.