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  • 02-03-22

    Turkish Airlines’ registers surge in net profit of USD959M

    (MENAFN) According to the Turkish national flag carrier statement on Tuesday, Turkish Airlines registered a net profit of USD959 million during last year, a 21.7 percent surge from 2019, before the beginning of the Covid-19 pandemic.

    Based on Turkish Airlines statement to Turkey’s Public Disclosure Platform (KAP), the profit collected reached USD10.7 billion the previous year, plummeitng 19.2 percent from 2019.

    The firm's profit from freight operations registered an over two-fold increase during the corresponding timeframe, which stood at more than USD4 billion in 2021 compared with USD1.7 billion in 2019.

    Turkish Airlines posted a USD1.27 billion net operating profit the previous year, while revenue from major operations surpassed the 2019 level to hit USD1.4 billion.

    MENAFN02032022000045013568ID1103787040

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