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Reading: Turkish Airlines Flies High with $2.4B Profit in 2024, Declares $260M Dividend
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alt="Turkish Airlines Flies High with $2.4B Profit in 2024, Declares $260M Dividend"
The Arabian News > World > Turkish Airlines Flies High with $2.4B Profit in 2024, Declares $260M Dividend
World

Turkish Airlines Flies High with $2.4B Profit in 2024, Declares $260M Dividend

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Turkish Airlines posted a stellar $2.4 billion net profit for 2024, solidifying its place among the world’s most profitable airlines. The carrier’s sound financials were fueled by rebounding passenger demand, strategic growth in routes, and cost-saving measures.

Apart from its strong earnings, Turkish Airlines has declared a cash dividend of $260 million to compensate its investors. This is an indication of the airline’s sound financial health and dedication to shareholder value, as it expands its fleet and improves operational efficiency.

Its expansion to new markets and stronger cargo business contributed substantially to the surge in revenues. Turkish Airlines further took advantage of strong travel demand in its international markets, especially Europe, the Middle East, and Asia, to promote profitability.

With a 2025 positive outlook, the airline is looking to expand its global network further and invest in sustainability efforts to continue its leadership in the industry. Industry experts expect Turkish Airlines’ sound financial health to continue driving its growth and competitiveness in the aviation industry.

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