2022 Results Investor Presentation
Financial and Operational Data
4Q'19
4Q'22
Change
(USD mn)
2019
2022 Change
3,281
4,772
45.4%
Total Revenues
13,229
18,426
39.3%
2,708
3,843
41.9%
Passenger Revenue
11,167
14,291
28.0%
471
814
72.8%
Cargo Revenue
1,688
3,735
121.3%
77
102
32.5%
Technic Revenue
305
367
20.3%
137
615
348.9%
Net Operating Profit / Loss
585
2,716
364.3%
336
678
101.8%
Profit From Main Operations
876
2,779
336
473
40.8%
Net Income
788
2,725
10.2%
9.9%
-0.3 pt
Net Income Margin
6.0%
14.8%
892
1,395
56.3%
EBITDAR
3,107
5,377
217.2%
245.8%
8.8 pt
73.1%
27.2%
29.2%
2.0 pt
EBITDAR Margin
23.5%
29.2%
5.7 pt
47,093
50,801
7.9%
ASK (Million)
187,713
201,735
7.5%
5.92
8.16
7.00
9.07
37.7%
29.7%
RASK2 (incl. ACTK)*
6.06
7.92
30.6%
Revenue Yield (R/Y) (Usc)
7.29
8.79
20.5%
17,866
17,930
0.4%
Passengers Carried ('000)
74,283
71,818
-3.3%
82.2%
83.4%
1.2 pt
L/F (%)
81.6%
80.6%
-1.0 pt
RASK2 (incl. ACTK)*: Total Passenger and Cargo Revenue / ASK2 (Adjusted ASK by available cargo tonne kilometer)
ASK: Available Seat Kilometers
Revenue Yield (R/Y): Total Passenger Revenue / RPK
RPK: Revenue Passenger Kilometers
TURKISH AIRLINES
A STAR ALLIANCE MEMBER
Total revenues exceeded 2019 levels in 2022
by 39%.
Cargo revenues in 2022 more than doubled
compared to 2019.
Profit From Main Operations reached to 2.8
billion USD in 2022.
EBITDAR Margin in 2022 recorded well above
2019 with 29%.
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