Istanbul Jet maintains its stability in the top 100 of the Fortune 500

Istanbul Jet Aviation and Fuel Services Inc. announced that it has once again proven its resilience and management skills in the sector by maintaining its place among the top 100 on the Fortune 500 Türkiye 2024 list.

Istanbul Jet, which entered the list at number 94 in 2022, was positioned at number 90 in 2024. Furthermore, Istanbul Jet secured a spot on the "50 Most Profitable Companies" list at number 15 based on return on equity and on the "Fastest Growing Companies" list at number 33 based on EBITDA growth rate. Istanbul Jet's ranking at number 58 among Istanbul-based companies stands out as a testament to its not only financial success but also strategic resilience.

The company released a statement on the matter, stating: “ Just as an aircraft experiencing turbulence is safely landed on the runway under the control of an experienced pilot, Istanbul Jet successfully managed the economic uncertainties encountered this year with its experience, visionary approach, and strategic decisions. ”

“VISIONARY MANAGEMENT, SUSTAINABLE STRATEGY”

It was also stated, "Istanbul Jet's stability is highlighted by its mobility-focused growth plans, infrastructure strengthened by multiple energy sources, global reach in Jet A1 aviation fuel supply, and sustainability-focused investments. The company's modern storage facilities at Dalaman and Gazipaşa airports and its supply network extending to over 100 countries reinforce this success on a global scale."

FUTURE ENERGY ECOSYSTEM: PURE, LNG, DIGITALIZATION

The company's vision was also discussed: "Istanbul Jet's strategic vision is based on creating solutions not only for today's but also for the future's energy needs. The company is leading efforts to increase the use of low-carbon fuels such as SAF and LNG. Furthermore, by investing in digital transformation areas such as AI-based fleet management and data analytics integration, it aims to maximize customer experience and operational efficiency."

“STRATEGIC STABILITY, GLOBAL HORIZON”

Istanbul Jet's 2024 performance, it stated, demonstrates its status as one of the rare companies that can maintain a balance of sustainability and growth despite economic challenges. The statement continued, "Despite some challenging flight segments, Istanbul Jet remains on course and lands safely, carrying its industry leadership into the future."

“WE CONTINUE OUR JOURNEY WITH THE SAME DETERMINATION”

Istanbul Jet General Manager Hüseyin Latifoğlu also made the following statement: “The economic volatility experienced in 2024 was a year that tested not only us but the entire industry. However, we viewed this period not as a stress test, but as a test of endurance. Maintaining our place in the top 100 demonstrated not only our balance sheet strength but also our crisis management capacity. We continue our journey with the same determination.”