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Turkish Airlines earns net profit of $959m in 2021

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Azer News

By Ibrahim Acar Turkish Airlines Board Chairman Ahmet Bolat has said that the company made a $959 million net profit while earning a $1.4 billion operating profit in 2021, Yeni Shafak has reported Despite the challenges posed by the pandemic, the company increased its total revenues by 59 percent to $10.7 billion in 2021. Furthermore, the company’s profit before interest, depreciation, and tax (which indicates its cash generation potential) was $3.7 billion. Turkish Airlines outperformed its competitors becoming Europe’s largest network carrier with the most flights in 2021. Turkish tourism’s …

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