Turkish Airlines recorded 1 billion 240 million TRY operating profit in 2013.
Sales revenue increased by 27 percent, reaching 18,8 billion TRY.
Turkish Airlines’ 2013 consolidated financial statements were reported to the Borsa Istanbul. Compared with 2012, Turkish Airlines' sales revenue increased by 27 percent in 2013, reaching a total of 18,8 billion TRY, while operating profit stood at 1.24 billion TRY, a 9 percent increase. A net profit of 683 million TRY was recorded. Indicating THY's cash generating capability, EBITDAR increased by 28 percent to 3.37 billion TRY. The EBITDAR margin remained at 18 percent, in line with the airline's long term target EBITDAR level.
In 2013, 48,3 million passengers were carried, a 23,6 percent increase from 39 million passengers in 2012. Turkish Airlines, with this performance, increased its European carrier market share to 12,8 percent. In addition, passenger load factor increased by 1,4 points in 2013, bringing it to 79 percent.
Turkish Airlines, inviting its passengers to explore the unknown with a new motto, ‘‘Widen Your World’’, flies to more countries than any other airline in the world. Serving 105 countries and a total of 244 destinations, 202 international and 42 domestic, with 185 narrow body, 44 wide body and 9 cargo aircraft,Turkish Airlines is now one of the leading global network carriers.
Turkish Airlines, with a vision of making Istanbul a global aviation hub, will continue to extend its network, apply the right strategies to increase its market share in all regions, maximize its brand value and recognition and keep contributing to Turkey’s development with its profitable growth.
Turkish Airlines, Inc.