Performance of MENA Aviation Companies

Key Takeaways:

- Airline Companies in the MENA region generated $8.03 Billion in net profits in 2022, a 166% increase on YoY.

- The Emirates Group led the Aviation industry in 2022 with $2.915 Billion in net profits.

- UAE and Turkey dominated the airlines segment accounting for 44.5% and 38.65%, respectively, from total net profits of 2022.

- Airport Services Companies in the MENA region generated $819 Million in net profit for 2022, a 116% increase on YoY.

- TFS Akaryakıt Hizmetleri led the airport services industry reporting $140 Million in net profit, followed by TAV Havalimanlari $139 Million in net profits in 2022.
 

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