March, 2013 1

Turkish Airlines

Passenger Development

Overview Presentation

The Future Of Air Transport And The Role Of Turkish Airlines

Network Development

Global Rankings

2

International Tourist Arrivals

Iata Traffic Flows Between Regions

Tourism Development ( Turkey )

Aviation Market & Economy

Market Share Among AEA Airlines

Frequency Development

International Tourist Arrivals

Source:International Air Transport Association—WATS 56th Edition Source: World Tourism Organization (UNWTO)

980 Million

Tourist

Turists Flows (Europe) Rank Country Region Change

2011 2010 2010 to 2011

1  France Europe 79.5 77.1 3.00%

2  United States North America 62.3 59.8 4.20%

3  China Asia 57.6 55.7 3.40%

4  Spain Europe 56.7 52.7 7.60%

5  Italy Europe 46.1 43.6 5.70%

6  Turkey Europe 29.3 27 8.52%

7  United Kingdom Europe 29.2 28.3 3.20%

8  Germany Europe 28.4 26.9 5.50%

9  Malaysia Asia 24.7 24.6 0.60%

10  Mexico North America 23.4 23.3 0.50%

International tourist arrivals

TK Ranking in Europe- 4.

Source: World Tourism Organization (UNWTO)

Iata Traffic Flows Between Regions

Percentage of Total Scheduled Revenue Passenger-Kilometers

Total Revenue

636 Billion USD

Passenger

2.5 + 1.0 = 3.5 Billion

5

6

Tourism Development ( Turkey )

Source:Basın Musavırlıgı, Turkey

2002 2011 CHANGE

17. 6. +11

2002 2011 CHANGE

15.2 Million 36.1 Million %138

10,4 13,4

15,2 16,3

20,2

24,1 23,1

27,2

30,9 32,0

33,0 36,1

-

5,0

10,0

15,0

20,0

25,0

30,0

35,0

40,0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Number of Visitors

7

Tourism Development ( Turkey 2011/2012 )

Border Gate by City

Source: Tuik

-4,3%

2,0% -2,2%

14,1%

5,9% 6,0% 4,3%

2,4%

-1,1%

8,5% 5,9% 5,3%

-9,9%

5,8%

-2,9%

15,4%

14,6% 19,1%

19,2%

13,3%

17,1% 19,4%

22,9%

26,6%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

World RPK Growth THY RPK Growth

Aviation Market & Economy

RPK Growth %

Turkish Market Growth

Source: General Directorate of State Airports Authority (DHMI). (*)Some pax counted double by DHMI , CAGR: Compound Annual Growth Rate

8

Market Share Among AEA Airlines

Source: AEA= Association of European Airlines (Scheduled Traffic) Final Results

THY ranks Third in passenger; fifth in ASK and RPK market share among AEA member airlines. (2012)

9

2,83% 2,76% 2,80% 3,1%

3,7% 3,9% 4,2%

5,6% 6,3%

7,2%

8,6%

10,0%

2,6% 2,5% 2,6% 2,9%

3,3% 3,7%

4,1%

5,2% 6,0%

6,8%

8,4%

10,0%

3,4% 3,3% 3,6% 4,1%

4,8% 5,2%

6,1%

7,5% 8,2%

8,7%

10,3%

12,8%

0%

2%

4%

6%

8%

10%

12%

14%

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 01

ASK % RPK % PAX%

Passenger Number

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 T

12 10,3 10,4 10,4 12 14.2 16.9 19,7 22,6

26.9 29.2

32.9

38,5 46

%19 Total Pax (Million)

10

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013T

759 786 1.022 941 1,130 1,114 1,563 2,229 3.129

4.445 5.147 6.238

9.338

12.709

Transfer Passengers

Total transfer passengers accounted for 43% of the passenger traffic. %36

%50

11

** 2013F :Forecasted

Revenue & Operating Profit

Operating Revenues 1,539 1,362 1,961 1,898 1,964 2,318 2,834 3,737 4,719 4,552 5,448 7,072 8,118 9,749

Operating Profit -216 -151 255 247 100 70 60 389 571 494 299 203

Net Income -111 7 231 162 75 103 125 204 874 362 185 11

Operating Profit Margin% -14% -11% 13% 13% 5% 3% 2% 10% 12% 11% 5% 3%

Net Income Margin% -7% 0% 12% 9% 4% 4% 4% 5% 19% 8% 3% 0%

Income Statement (Mn$) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013F

12

* The diameter of the sphere illustrates total annual passenger number

** 2012F is forecast.

Network Development

2005 14.1

2006 16,9m

2007 19.7m

2008 22,6 m

2009 25,1m

2010 29,1 m

2011 32,6 m

6833

1.000

2.000

3.000

4.000

5.000

6.000

7.000

90 110 130 150 170 190 210 230 250

Fre

qu

ancy

Destination Yolcu:10.4 m

2013 F

46 m 2012

38.5 m

Global Rankings

TK is the biggest airline

which fly the most countries

in the world

TK is the 4 th largest airline in terms

of network size

TK is the second biggest airline

which fly to maximum

destinations from one hub.

1 4 2

Source: OAG (2013 March)

14

Airline Domestic International Destination

UNITED AIRLINES 229 152 381

DELTA AIR LINES 218 102 320

AMERICAN AIRLINES 169 100 269

TURKISH AIRLINES 37 184 221

2. Phase will be completed by 2023

1. Phase will be completed by 2017 90 Million Passenger Capacity

ISTANBUL - New Airport

150 Million Passenger Capacity

2002 THY Network 4 Destination

Planned Destinations (9 Destination)

2003 - Current 30 New Destination

AFRİKA

15

Europe

2002 THY Network 40 Destination

Planned Destinations (12 Destination)

2003 - Current 25 New Destination 16

America

2002 THY Network 2 Destination

Planned Destinations (8 Destination)

2003 - Current 5 New Destination

17

18

Middle East

2002 THY Network 11 Destination

Planned Destinations (4 Destination)

2003 - Current 21 New Destination

2002 THY Network 18 Destination

Planned Destinations (4 Destination)

2003 - Current 28 New Destination

Asia

19

2002 THY Network 103 Destination (26 Dom, 77 Int)

Planned Destinations (37 Destination)

Network Development

2003 - Current 118 New Destination (Dom 11, Int 107)

20

Planned destinations

(weekly frequency)

(summer)

Destination

EUROPE (84) + 13 AFRICA (34) + 9 MIDDLE EAST (32) + 4

FAR EAST (27) + 3

AMERICA (7) + 8

ABU DHABI (6) MADINAH (14)

ADEN (4) MASHAD (5)

ALEPPO (7) MOSUL (3) (4)

AMMAN (14) MUSCAT (7)

BAGHDAD (7) NAJAF (3) (5)

BAHRAIN (7) RIYADH (14)

BASRA (7) SANAA (4)

BEIRUT (21) SHIRAZ (5)

DAMASCUS (7) SULAYMANIYAH (4) (5)

DAMMAM (5) (7) TABRIZ (7)

DOHA (8) (10) TAIF (3)

DUBAI (14) TEHRAN (28)

ERBIL(7) TEL AVIV (32)

ERCAN (21) (35) YANBU (3)

ISFAHAN (2) ABHA

JEDDAH (21) GASSIM

KERMANSHAH (2) AQABA

KUWAIT (14) (28)

ALMATY (9) MALE (5)

ASHKHABAD (14) MUMBAI (7)

ASTANA (3) NEW DELHI (7)

BANGKOK (14) (11) OSAKA (5) (7)

BEIJING (7) OSH (3)

BISHKEK (11) SEOUL (7)

DHAKA (4) (7) SHANGHAI (7)

DUSHANBE (2) SINGAPORE (7)

GUANGZHOU (4) (7) TASHKENT (7)

HO-CHI-MINH (7) TOKYO (7)

HONG KONG (7) ULANBATOR (3)

ISLAMABAD (3) COLOMBO (5)

JAKARTA (7) KUALA LUMPUR

KABUL (7) KATHMANDU

KARACHI (4) MAZAR-I-SHARIF

AALBORG (3) EDINBURGH (4) (7) MOSCOW (28) TBILISI (17) (21)

AMSTERDAM (28) EKATERINBURG (4) MUNICH (24) (28) THESALONIKI (7)

ATHENS (21) FRANKFURT (28) (30) NAKHICHEVAN (4) TIRANA (10) (14)

BAKU (28) GANJA (4) NAPOLI (5) (7) TORINO (5) (7)

BARCELONA (21) GENEVA (21) NICE (7) (10) TOULOUSE (5) (7)

BASEL (7) GENOA (5) (7) NOVOSIBIRSK (3) UFA (5)

BATUMI (5) (7) GOTHENBURG (10) (14) NURNBERG (12) (18) WARSAW (4)

BELGRADE (10) (14) HAMBURG (21) (28) ODESSA (11) VALENCIA (4) (5)

BERLIN (24) (28) HANNOVER (14) (17) OSLO (12) (14) VENICE (17) (21)

BILBAO (4) HELSINKI (12) (14) PARIS (28) VIENNA (28)

BILLUND (3) KAZAN (4) PODGORICA (4) (7) ZAGREB (7)

BIRMINGHAM (7) (10) KIEV (13) PRAG (12) (14) ZURICH (21) (28)

BOLOGNA (14) LEFKOSA (21) +(19 AJET) PRISTINA (10) (14) CONSTANTA

BREMEN (7) LEIPZIG (7) RIGA (6) TALLINN

BRUSSELS (24) (30) LISBON (7) ROME (21) (25) VILNIUS

BUCHAREST (21) LJUBLJANA (5) (7) ROSTOV (3) MARSEILLE

BUDAPEST (14) LONDON (44) (45) SARAJEVO (10) (18) LUXEMBOURG

CHISINAU (7) LVIV (3) SIMFEROPOL (7)

COLOGNE (10) (16) LYON (10) (14) SKOPJE (10) (14)

COPENHAGEN (21) MADRID (14) (20) SOCHI (3) MALTA

DONETSK (7) MALAGA (5) (7) SOFIA (11) KRAKOW

DNEPROPETROVSK (5) MANCHESTER (10) (14) STOCKHOLM (21) ROTTERDAM

DUBLIN (7) (10) MILAN (28) ST.PETERSBURG (4) SALZBURG

DUSSELDORF (28) MINSK (4) STUTTGART (21) (24) LANKARAN

FRIEDRICHSHAFEN

SANTIAGO DE

COMPOSTELA

ABIDJAN (4) MISRATA (7)

ACCRA (7) MOGADISHU (3)

ADDIS ABABA (7) MOMBASA (5)

ALEXANDRIA (4) NAUKCHETE(3)

ALGIERS (7) NAIROBI (7)

BENGHAZI (10) NIAMEY (3)

CAIRO (17) OUAGADOUGOU (3)

CAPETOWN 7) SHARM EL SHEIKH (4)

CASABLANCA (7) SEBHA (3)

DAKAR (3) TUNIS (10)

DAR ES SALAAM (5) (7) TRIPOLI (14)

DOUALA (7) YAOUNDE (4)

DJIBOUTI (3) LIBREVILLE (3)

ENTEBBE(5) ASMARA

HURGHADA (3) LUANDA

JOHANNESBURG(7) KANO

KIGALI (5) ABUJA

KINSHASA (5) LUKSOR

KHARTOUM (7) ASWAN

KILIMANJARO (5) NDJAMENA

LAGOS (7) JUBA

BAMAKO

BUENOS AIRES (4) HOUSTON

CHICAGO (7) CARACAS

LOS ANGELES (7) MEXICO CITY

NEW YORK 14 (21) BOSTON

SAO PAULO (4) HAVANA

TORONTO (5) SAN FRANCISCO

WASHINGTON D.C. (7) MONTREAL

BOGOTA

AHWAZ

NANTES

21

22

Airline Destination Domestic International Europe*Middle East Europe*Africa America*Asia Europe*Asia

TURKISH AIRLINES 221 36 185 2,656 2,822 488 2,407

A 206 17 189 1,484 2,014 988 2,544

B 183 12 171 858 1,872 1,134 1,248

C 114 34 80 742 14 406 70

D 118 1 117 589 589 366 1,302

E 132 1 131 585 845 700 1,235

F 119 1 118 495 693 583 1,254

G 97 6 91 360 360 33 432

H 174 22 152 335 2,412 580 1,005

I 381 229 152 130 26 3,256 832

J 156 112 44 64 - - 320

K 111 13 98 48 24 923 804

L 320 218 102 36 90 1,180 324

M 142 89 53 14 - 88 294

N 199 146 53 13 - 39 -

O 145 93 52 12 - 175 408

P 168 59 109 8 54 - 48

R 153 96 57 6 - 188 276

S 268 169 99 - - 348 32

Source: OAG March 2013 TK O&D Ranking in Europe-Africa Market : 1.

TK O&D Ranking in America-Asia Market : 9.

Asia includes Far East , South Asia, CIS. America*Asia includes Far East , South Asia, CIS, Middle East

TK O&D Ranking in Europe-Middle East Market : 1.

Frequency and Number of Destinations

TK O&D Ranking in Europe-Asia Market : 2.

6,0%

7,0% 7,5%

5,6% 5,9% 5,8% 5,5%

1,0% 1,0% 1,0% 1,3%

1,8% 1,9% 2,1% 2,4%

0

0

0

1

1

1

1

1

0%

1%

2%

3%

4%

5%

6%

7%

8%

2005 2006 2007 2008 2009 2010 2011 2012

Mill

ion

en

1,9%

3,5%

2,6%

1,2%

1,7% 2,0%

1,8%

0,4% 0,5% 0,6% 0,6% 0,7% 0,8% 0,8% 0,9%

13

13

14

14

15

15

16

16

0,0%

0,5%

1,0%

1,5%

2,0%

2,5%

3,0%

3,5%

4,0%

2005 2006 2007 2008 2009 2010 2011 2012

Mill

ion

en

23

Frequency Development (All Market)

Frequency Based Intercontinental Market Share Development (Except Domestic)

Source: SRS

*Including Central America,Caribbean,South America,Europe,Africa,Middle East,Asia,Australasia,North America intercontinental frequency, except domestic

flights

Frequency Development

THY Growth %131

World Growth % 13

Between 2005-2012

THY Growth % 337

World Growth % 46

3,64% 3,85% 3,97%

2,15%

3,37% 4,17% 4,20%

-

50

100

150

0%

2%

4%

6%

2005 2006 2007 2008 2009 2010 2011 2012

Tau

sen

de

12% 13% 14% 11%

11% 8% 7%

1% 1% 2% 2% 3% 3% 3% 5%

0

50

100

150

200

0%

5%

10%

15%

2005 2006 2007 2008 2009 2010 2011 2012

Tau

sen

de

9% 8% 9% 10% 10% 10%

9%

4% 5% 5% 7%

9% 9% 9%

10%

0

50

100

150

0%

5%

10%

15%

2005 2006 2007 2008 2009 2010 2011 2012

Tau

sen

de

8% 8% 9%

6% 6%

7% 7%

2% 3% 3% 3% 4% 4% 4% 5%

0

100

200

300

0%

5%

10%

2005 2006 2007 2008 2009 2010 2011 2012Ta

use

nd

e

THY Frequency Based Market Share Development

Linear Growth Rate TK Frequecy Market Total Frequecy TK Share Market Growth Rate (Normalized Curve)

Source: SRS

EUROPE- AFRICA

THY Growth

% 612 Africa-Europe

Growth % 60 EUROPE-

MIDDLE EAST THY Growth

%334 Europe-Middle

East Growth %87

EUROPE-ASIA

THY Growth

%276 Europe-Asia Growth %58

AMERICA –ASIA, MIDDLE EAST

THY Growth ASIA %267,

AMERICA %370

America-Asia Growth %28

25