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Contents / Introduction


Dear Guests,
Through its timely decisions and meticulous implementation, Turkish Airlines is continuing to develop as a powerful enterprise capable of competing with the world’s giant air transport companies. The 2003 Assessment Report compiled by Air Transport World, one of the leading publications in the sector, is just one indication of this development. As the report notes, our Partnership, which closed the year with a net profit of 154 million dollars, took in operating revenues of 234 million dollars, leaving many large airlines behind and putting us in 12th place among the world’s 25 most profitable air transport companies. As the competition got more and more fierce, the negative impact on the sector of the SARS epidemic in 2002 and 9/11 before that led several airlines in Europe to downsize or go for mergers with other airlines.

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