Turkish Airlines reported a solid increase in passenger numbers and revenue in the third quarter of 2025, despite a decline in net profit. The airline carried 27 million passengers, up 11 percent from the previous year, and achieved nearly $7 billion in revenue, reflecting a 5 percent growth supported by strong travel demand.
However, net profit for the quarter fell by 11 percent to $1.4 billion, influenced by various factors including fluctuating fuel costs and market conditions. Passenger revenue experienced a 6 percent rise, while cargo revenue declined due to softer global trade and increased competition from sea freight methods.
For the first nine months of the year, revenue approached $18 billion, marking a 4.5 percent increase, but net income dropped 25 percent, affected by currency effects and taxation issues. The airline's fuel expenses decreased by 13 percent during this period, enhancing overall cost management.
Looking ahead, Turkish Airlines plans to grow passenger traffic by 7 to 8 percent yearly, targeting over 91 million passengers. It also intends to expand its fleet to 525-530 aircraft by the end of 2025. Recently, the airline signed an engine supply deal with GE Aerospace for its Boeing 787 Dreamliner fleet, and secured a credit facility from the Bank of China to support its expansion efforts. In addition, it acquired a minority stake valued at €300 million ($349 million) in Air Europa, indicating strategic investment moves.
