3 Hrs
Source:
بوابة الفجر
_1777352244987_250242181.png&w=48&q=75){kind=small}
Turkish Airlines posts $197M Q2 profit despite Middle East conflict
Turkish Airlines achieved a profit of $197 million in the second quarter of 2026, despite the repercussions of the conflict in the Middle East. The company recorded a revenue increase of 20.5%, reaching $7.2 billion, with significant growth in cargo revenue by 58% to approximately $1.3 billion, and an increase in load factor to 84%. Additionally, its EBITDAAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent) exceeded the target at 12.6%, amid ongoing investments of $3.1 billion during the first six months of 2026. Despite rising fuel prices and geopolitical tensions, the company managed to navigate the crisis, strengthening its position as the largest carrier in Europe, with the fleet growing by 14% to 552 aircraft, and expectations of continued financial strength and strong performance into the third quarter.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)