{
  "id": 18094662,
  "title": "Turkish Airlines shares climb after third-quarter profit beats forecasts",
  "url": "https://urgent.news/2026/11/04/turkish-airlines-shares-climb-after-third-quarter-profit-beats",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T08:43:03.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/turkish-airlines-shares-climb-after-thirdquarter-profit-beats-forecasts-93CH-4997709"
  },
  "original_language": "en",
  "account": "On Wednesday, Turkish Airlines' stock increased by 4.3% following the announcement that the airline had reported a third-quarter net profit that exceeded market expectations. The carrier's net profit for the quarter was $1.29 billion, surpassing the anticipated $1.11 billion from brokerage Deniz Yatirim. A significant factor contributing to the strong results was the cargo operations segment, which saw a substantial 45.6% revenue increase to $1.2 billion. This surge in cargo revenue was attributed to geopolitical events that limited market supply capacity, as stated by the company. Turkish Airlines also reported a 3.2% increase in available seat kilometers, reaching 76.8 billion for the quarter. However, the Middle East region experienced a 21.6% year-on-year decline in this metric. The company's third-quarter EBITDA margin declined by 4.5 percentage points to 22.5% compared to the same period last year, primarily due to higher fuel costs.",
  "summary": null,
  "key_points": [
    "Turkish Airlines shares rise 4.3% after beating profit forecasts",
    "Cargo operations revenue up 45.6% to $1.2 billion",
    "Middle East region sees 21.6% year-on-year decline"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}