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Turkish Airlines Posts Record Revenue of $24.1 Billion

March 6, 2026

2 min read

Key Takeaways

Turkish Airlines posted record revenue of $24.1 billion in 2025.
Revenue increased 6.3% from 2024, driven by passenger transportation.
EBITDAR margin was 23.7%, with cargo revenue declining to $3.4 billion.

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Strategic Implications

Turkish Airlines' strong revenue growth may indicate a competitive advantage in passenger transportation, which could benefit the carrier in a challenging market. The decline in cargo revenue suggests a shift in market dynamics, which may impact the airline's future growth prospects.

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What Happened

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.

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