Turk Hava Yollari AO
IST:THYAO.E
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Turk Hava Yollari AO
Revenue
Turk Hava Yollari AO
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Turk Hava Yollari AO
IST:THYAO.E
|
Revenue
$20.9B
|
CAGR 3-Years
46%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
||
Pegasus Hava Tasimaciligi AS
IST:PGSUS.E
|
Revenue
₺70.5B
|
CAGR 3-Years
145%
|
CAGR 5-Years
53%
|
CAGR 10-Years
N/A
|
Turk Hava Yollari AO
Glance View
Turk Hava Yollari AO, commonly known as Turkish Airlines, stands as a pillar in the global aviation landscape. Founded in 1933, the airline has evolved into Turkey's flagship carrier and a prominent player in international air transportation. With a fleet exceeding 350 aircraft and a network spanning over 300 destinations across more than 120 countries, Turkish Airlines has etched its name as one of the largest and most influential airlines in the world. The company is renowned for its commitment to high-quality service, operational efficiency, and strategic growth initiatives aimed at expanding market share. Its strong position as a hub between Europe, Asia, and Africa opens up significant opportunities for passenger and cargo traffic, making it an attractive investment prospect. For investors, Turkish Airlines offers a compelling narrative driven by robust financial performance and a strong recovery from the impacts of the COVID-19 pandemic. The airline's adaptability in the face of changing market dynamics, such as the rise in demand for international travel, underscores its resilience. Furthermore, Turkish Airlines has been capitalizing on its unique geographic positioning, optimizing its routes to enhance profitability and operational efficiency. As travel continues to rebound, the company's investments in fleet modernization and digital transformation are poised to strengthen its competitive edge. With a commitment to sustainability and efficiency, Turkish Airlines not only aims to enhance shareholder value but also seeks to position itself as a leader in the evolving global aviation market.
See Also
What is Turk Hava Yollari AO's Revenue?
Revenue
20.9B
USD
Based on the financial report for Dec 31, 2023, Turk Hava Yollari AO's Revenue amounts to 20.9B USD.
What is Turk Hava Yollari AO's Revenue growth rate?
Revenue CAGR 5Y
10%
Over the last year, the Revenue growth was 14%. The average annual Revenue growth rates for Turk Hava Yollari AO have been 46% over the past three years , 10% over the past five years .