Turkish Airlines has confirmed that flights between Turkey and Iran will remain suspended until at least March 13, 2026, due to ongoing geopolitical tensions. Additionally, flights to destinations in the Gulf region have been removed from the schedule until at least March 20, 2026.

Recent Operational Performance

In 2025, Turkish Airlines reported a profit of USD 2.2 billion from its core operations, with total revenues exceeding USD 24.1 billion. The airline experienced a 12% increase in revenues during the fourth quarter, reaching USD 6.3 billion, and a 23% rise in profit from core operations, amounting to USD 534 million.

The airline’s EBITDAR margin for the year was recorded at 23.7%, and it expanded its fleet by 5% year over year, bringing the total number of aircraft to 516 by the end of 2025. Passenger revenues also saw a 7.4% increase, while cargo revenue reached USD 3.4 billion.

Impact of Geopolitical Tensions

These flight suspensions come amid broader geopolitical tensions and economic uncertainties affecting the region, which have previously impacted Turkish Airlines’ operations. The airline has been navigating challenges stemming from trade wars and other international disputes.

Four flights to Tehran that were scheduled for Saturday were cancelled, reflecting the immediate operational impact of the ongoing situation.

Future Uncertainties

Details remain unconfirmed regarding the exact duration of flight suspensions beyond March 13, 2026, and the potential long-term effects of geopolitical tensions on Turkish Airlines’ future operations remain uncertain.

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Turkish Airlines has announced a profit of US$2.2 billion from its main operations for the year 2025, marking a significant achievement in a challenging operating environment.

The airline’s total revenues for 2025 surpassed US$24 billion, driven by a 7.4% increase in passenger revenues, which reached US$19.8 billion. Additionally, cargo revenue stood at US$3.4 billion, despite a global trade slowdown affecting cargo yields.

In terms of operational metrics, Turkish Airlines achieved record results, serving 92.6 million passengers and transporting 2.2 million tonnes of cargo. The airline also expanded its fleet by 5%, bringing the total number of aircraft to 516.

Prof. Ahmet Bolat, the airline’s CEO, commented on the results, stating, “Despite an exceptionally challenging and unpredictable operating environment, the financial success we achieved in 2025 once again showed our ability to adapt to rapidly changing commercial and geopolitical conditions.”

Turkish Airlines’ EBITDAR margin reached 23.7%, and the company anticipates that its EBITDAR margin for 2026 will remain within the 22–24% range.

However, the airline faced challenges in 2025, including aircraft delivery delays, capacity constraints, and regional conflicts that impacted operations.

Looking ahead, recent tensions in the Gulf region are causing uncertainties for 2026. Details remain unconfirmed.

Overall, Turkish Airlines’ performance in 2025 reflects its resilience and adaptability in a fluctuating market, positioning it well for future growth.

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