Profit from main operations exceeded 2019 level in
675
722
7,0%
Profit From Main Operations
540
795
47,2%
the third quarter of 2021 and reached 722 million
655
735
12,2%
Net Income
452
734
62,4%
USD.
16,4%
21,6%
5,2 pt
Net Income Margin
4,5%
9,9%
5,4 pt
EBITDAR Margin reached 40,7% in the third quarter
1.295
1.387
7,1%
EBITDAR
2.214
2.502
13,0%
of 2021.
32,4%
40,7%
8,3 pt
EBITDAR Margin
22,3%
33,9%
11,7 pt
2
Revenue Development (3Q'19 vs 3Q'21)
(mn USD)
Cargo and Other
Pax RASK
(Ex-Currency,
Revenue
Currency
Ex-L/F)
(Ex-Currency)
Load Factor
+537
+59
-117
-405
Volume
-668
3.488
2.372
Passenger (-32%)
418
Cargo (132%)
969
93
Other (-31%)
64
∑ 3.999
Total Revenue (-15%)
∑ 3.405
3Q'19
3Q'21
Revenue Development (9M'19 vs 9M'21)
(mn USD)
Cargo and Other
Pax RASK
(Ex-Currency,
Revenue
Currency
Ex-L/F)
(Ex-Currency)
Load Factor
+250
-175
-978
Volume
+1.490
-3.158
8.459
4.432
Passenger (-48%)
1.217
Cargo (125%)
2.734
272
Other (-22%)
211
∑ 9.948
Total Revenue(-26%)
∑ 7.377
9M'19
9M'21
Unit Revenue Development
RASK (USc)
-0,9%
1,4%
6,73
6,53
6,67
6,11
6,14
6,20
3Q'19
3Q'21
3Q'21 ex-currency
9M'19
9M'21
9M'21 ex-currency
Passenger RASK (USc)
-12,6%
-14,0%
6,73
5,65
5,88
6,01
5,03
5,17
3Q'19
3Q'21
3Q'21 ex-currency
9M'19
9M'21
9M'21 ex-currency
Revenue Yield (R/Y) (Usc)
2,3%
5,0%
8,04
7,91
8,22
7,39
7,54
7,75
3Q'19
3Q'21
3Q'21 ex-currency
9M'19
9M'21
9M'21 ex-currency
Revenue Yield (R/Y) Total Passenger Revenue / RPK
Passenger RASK: Total Passenger Revenue / ASK
5
RASK: Total Passenger and Cargo Revenue / ASK* *ASK value is adjusted for cargo operations adding Cargo Available Ton Km.
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Turkish Airlines AO published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 05:41:07 UTC.
Turk Hava Yollari AO is a Turkey-based company, which provides passenger and cargo air transportation services. It operates under following business segments: Air Transport (Aviation), which consist of mainly domestic and international passenger and cargo air Transportation, as well as Technical Maintenance Services (Technical), which consist of mainly aircraft repair and maintenance services and providing technical and infrastructure support related to aviation sector. Its subsidiaries include: THY Teknik AS, engaged in aircraft maintenance services, as well as THY Ucus Egitim ve Havalimani Isletme AS, engaged in training and airport operations. The Company serves all domestic destinations as well as the Middle East, North America, Europe, Asia, North Africa and South Africa.
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI 
