Turk Hava Yollari A.O.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Ahmet Olmustur
- Full Time Employees
- 66,649
- Sector
- Transportation
- Industry
- Airlines
- Address
- Yesilköy Mahallesi Havaalani Cad. No: 3/1 34149 Istanbul IB Turkey 34149
- IPO Date
- Dec 20, 1990
- Website
- turkishairlines.com
- Similar Companies
- Business
- Türk Hava Yollari Anonim Ortakligi (THYAO.IS), the flag carrier of Turkey, provides passenger and cargo air transportation services, aircraft technical maintenance, and related aviation support in Turkey and internationally. Founded in 1933 and headquartered at the Turkish Airlines General Management Building on the grounds of Atatürk Airport in Yeşilköy, Bakırköy, Istanbul, the company operates scheduled passenger flights to over 340 destinations in 129 countries across Europe, Asia, Oceania, Africa, and the Americas from its main hub at Istanbul Airport; cargo services via Turkish Cargo to 82 destinations with a dedicated fleet of 24 freighters; low-cost operations through its subsidiary AJet; maintenance, repair, and overhaul services including airframe, engine, and component support via Turkish Technic; flight training at Turkish Airlines Flight Academy; catering; aviation fuel supply; cabin interior products; information technology and consulting; ground handling; and airport operations. As a Star Alliance member since 2008, it serves the most countries worldwide with a fleet of approximately 407 aircraft comprising Airbus A321neo, A330, A350, Boeing 737 MAX, 777, and 787 models. Recent developments include a landmark September 2025 firm order for up to 75 Boeing 787 Dreamliners (35 787-9s and 15 787-10s, with options for 25 more) marking its largest widebody purchase; plans for up to 150 Boeing 737 MAX narrowbodies; completion of Airbus A350 financing with Dubai Islamic Bank; expansion of codeshare partnerships such as with Icelandair; and strong 2024 financial performance with 2.4 billion USD profit from main operations alongside a proposed cash dividend.
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