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Главная Блог Turkish Airlines Posts $197 Million Profit Despite Rising Costs

Turkish Airlines Reports $197 Million Profit Amid Rising Costs

10.08.2026
65 мин
6
10.08.2026 17:30
Turkish Airlines makes $197m profit as Middle East war hits costs

## Financial Performance

Turkish Airlines achieved a net profit of $197 million in the second quarter of 2026, despite challenges from the Middle East conflict and increased fuel prices. The airline's revenue grew by 20.5% to $7.2 billion, driven by strong passenger demand and a significant rise in cargo income.

## Impact of Middle East Conflict

The ongoing conflict in the Middle East has noticeably affected the airline's financial results, primarily due to higher jet fuel costs. Despite these challenges, Turkish Airlines managed to maintain an EBITDAR margin of 12.6%, surpassing its initial guidance of 8%.

## Cargo and Passenger Demand

Turkish Cargo experienced a 58% increase in revenue, reaching nearly $1.3 billion, with cargo volumes rising by 11.3%. The airline's strategic location and robust cargo infrastructure played a crucial role in meeting the heightened demand. Passenger load factor also improved, reaching 84%, the highest for a second quarter in the airline's history.

## Fleet Expansion and Future Outlook

Turkish Airlines expanded its fleet by 14% to 552 aircraft by the end of June 2026. The airline invested $3.1 billion in the first half of the year, focusing on strategic priorities. Despite geopolitical uncertainties and fuel cost pressures, the airline anticipates a stronger EBITDAR margin of 20% to 25% in the third quarter.

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