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ISTANBUL
Turkish Airways has been named the nation’s Most worthy model for 2022, for the fifth time in a row, in line with a Model Finance report.
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The nationwide flag service topped Model Finance’s Turkey 100 listing with a model worth of $1.60 billion.
The service’s model worth was additionally $1.60 billion in 2021.
Turkish Airways flies to 128 nations in 334 locations with a fleet of 372 plane. It carried a complete of 17.7 million passengers within the first 4 months of 2022, together with 10.8 million worldwide vacationers. The corporate’s revenues stood at $3.05 billion within the first quarter of this yr, whereas its internet earnings was $161 million.
Residence home equipment maker Arçelik adopted Turkish Airways with a model worth of $1.4 billion, down from the earlier yr’s $1.59 billion.
Carmaker Ford Otosan, which ranked tenth ($787 million) in 2021, claimed the third spot with a model worth of $819 million.
One other producer of residence home equipment, Vestel, moved up seven locations to rank fourth on this yr’s listing with a model worth of $720 million.
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GSM operator Turkcell’s rating was unchanged at fifth, however the firm’s model worth declined from $1.06 billion in 2021 to $705 million this yr.
The model worth of style retailer LC Waikiki, which ranked sixth on the listing, was $668 million, adopted by Garanti BBVA at $532 million, down from $1.19 billion in 2021.
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