Turkish Airlines reports $7 billion revenue in third quarter 2025
11:26, 07/11/2025, FridayU: Update: 11:41, 07/11/2025, Friday
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Turkish Airlines (THY) flight brings 94 activists, including 18 Turks, from the Freedom Flotilla Coalition, which were seized by Israel in international waters to Istanbul, Turkiye, on October 10, 2025. The Israeli navy attacked ships of the Freedom Flotilla Coalition's Thousand Madleens convoy to Gaza early Wednesday in international waters, roughly 120 nautical miles (222 kilometers) from the enclave. The convoy set sail after Israeli naval forces attacked and seized more than 40 boats last week that were part of the Gaza-bound Global Sumud Flotilla and detained over 450 activists on board. Most of them have been deported.Turkish Airlines achieved $6.95 billion in total revenue during the third quarter of 2025, representing a 4.9% year-on-year increase. The flag carrier transported 27.2 million passengers, reaching the highest third-quarter passenger count in its partnership history despite industry challenges.
Türkiye's national flag carrier Turkish Airlines has reported $6.95 billion in total revenue for the third quarter of 2025, marking a 4.9% increase compared to the same period last year. The airline achieved this growth despite facing industry-wide challenges including trade tensions and engine-related operational issues, demonstrating the resilience of its business model.
Record Passenger Numbers
The airline transported 27.2 million passengers during the July-September period, achieving the highest third-quarter passenger count in its partnership history. This performance extends Turkish Airlines' uninterrupted growth streak to 18 consecutive quarters, with passenger capacity increasing by 8.2% year-on-year and reaching 43% above pre-pandemic levels.
Revenue Growth and Profitability Challenges
The carrier's strong passenger operations drove total revenues to approximately $7 billion, with passenger revenues specifically increasing by 6.1% as demand responded positively to expanded capacity. However, operating profit declined by 21.3% to $1.1 billion compared to the same quarter in 2024, reflecting pressure from declining unit revenues and persistent cost challenges across the aviation sector.
Year-to-Date Performance
Net income for the third quarter decreased by 10.7% to $1.4 billion amid the challenging operating environment. For the first nine months of 2025, Turkish Airlines recorded cumulative revenues of $17.8 billion, representing a 4.5% increase compared to the same period in the previous year, maintaining its position as a consistently performing carrier in the global aviation market.
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