March 22 2023  |  Airline & Terminal News

Turkish Technic reaches its highest revenue ever

By PAX International Staff

Turkish Technic provided base maintenance services to 649 aircraft

Turkish Technic has released its financial results for 2022, recording a 37 percent growth with USD$1.42 billion in revenue and increasing its market share to 1.9 percent, reaching the highest growth rate and revenue in the company's history.

In a March 22 press release, Turkish Technic Chairman of the Board of Directors and Executive Committee, Ahmet Bolat said, “To meet the growing needs of the aviation industry, we continuously increase our capacity and capabilities and continue to provide high-quality maintenance-repair services to our local and international customers. Closing 2022 with $1.42 billion USD in revenue and $119 million USD in operational profit, we achieved remarkable success in our company’s history. We thank our customers for their confidence in our company and extend our gratitude to our colleagues for their dedication and effort.”

Ahmet Bolat, Turkish Technic Chairman of the Board of Directors and Executive Committee

Expanding its capacity and capabilities to meet the needs of the aviation sector, the aviation services provider added new achievements to its service portfolio in 2022. The company has completed base maintenance operations for 787 Dreamliner and A350 aircraft for the first time during the year and carried out its first 777-300ER landing gear overhaul. Adding 1.193 aircraft part numbers to its capability in 2022, the MRO company expanded its maintenance-repair capabilities and the range of services it offers its customers.

The company provided base maintenance services to 649 aircraft, completed overhaul operations of 221 landing gears and serviced over 119,000 components throughout 2022.

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