Households drive market demand, with household spending representing 70.4% of total demand in 2021. Türk Hava Yollari AO (THY Turkish Airlines) is the largest company in Turkey, generating 9.7% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 20.0% of total production value in 2021. The total number of companies increases in 2021, to 178 units. The costs of the industry increase by 71.3% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 5.5% of turnover in 2021, the 12th highest regionally. With turnover of USD13.9 billion, Turkey accounts for 9.5% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Air Transport in Turkey: ISIC 62. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Air Transport in Turkey: ISIC 62 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cargo handling, warehousing and travel agencies, communications, and transport.
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