ISTANBUL, November 5, 2026 — Turkish Airlines made $1.29 billion in net profit in the third quarter (July–September 2026). That is down 6.4% from a year earlier, as fuel costs rose much faster than revenue.
Q3 2026 results
| Measure | Q3 2026 | Change |
|---|---|---|
| Total revenue | $8.30bn | +19.3% |
| Passenger revenue | $6.8bn | +15.4% |
| Cargo revenue | $1.23bn | +45.6% |
| Net income | $1.29bn | −6.4% |
| Operating profit (main operations) | $929m | −12.3% |
| Fuel expense | $2.61bn | +58.5% |
| Passengers | 28.5m | +4.7% |
| Load factor | 87.1% | up from 85.6% |
EBITDAR margin narrowed 4.2 points to 25.4%. For the first nine months, revenue was $21.42 billion (+20.2%) and net income $1.71 billion (−15.4%). The airline did not publish guidance, fleet updates or AJet figures in the report covered here.
What it means for non-revs
- Planes are fuller. A load factor of 87.1%, up from 85.6%, plus 4.7% more passengers means fewer open seats on average. Have a backup plan when you connect through Istanbul.
- ZED/interline: no change to agreements was reported. With fuel costs this high, watch for capacity trimming on weaker routes. None has been announced.
Sources
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