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TAI and Baykar are among the world’s 50 largest aviation companies

By admin, Kasım 11, 2024






TAI and Baykar are among the world's 50 largest aviation companies



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Leading companies of the Turkish aviation industry Turkish Aerospace Industries (TAI) and Baykarachieved great success on a global scale and became one of the 50 largest aviation industry companies in the world. According to the 2023 report prepared by Counterpoint Market Intelligence for the industry’s leading publication FlightGlobal, these two Turkish companies attracted attention by entering the list of the 100 largest aviation companies worldwide.

Great success from TAI and Baykar

on the list 38th place rising TAIReaching a sales figure of 2 billion 674 million dollars, it continued to be Turkey’s pride in both military and civil aviation. Reaching a wide user base at home and abroad, TUSAŞ has made a name for itself with platforms such as ANKA, AKSUNGUR, ATAK, T70, HÜRKUŞ and GÖKBEY. In addition, TAI continues to work on high-tech projects such as ANKA III, HÜRJET and National Combat Aircraft KAAN, and increases its competitiveness in the sector with its R&D investments and pioneering steps in technology development.

To the list Baykar entered for the first time with a sales volume of 1 billion 805 million dollars 49th place found a place for itself. Baykar holds the title of the Turkish company that exports to the most countries around the world with its Bayraktar TB2 UAV. In addition, Baykar, which has increased its success with Bayraktar AKINCI TİHA, has maintained its export leadership in Turkey’s defense industry for the last three years. The fact that more than 90 percent of the company’s revenues are derived from exports and that most of the contracts it signs are export-oriented shows Baykar’s power in the international market.

Boeing returned to the top




TAI and Baykar are among the world's 50 largest aviation companies



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With the impact of the post-COVID-19 recovery in the aviation industry, giants such as Boeing and Airbus were at the top again. Boeingis at the top of the list with sales revenue of 77 billion 794 million dollars, followed by 70 billion 829 million dollars. Airbus followed. Offering defense-oriented solutions RTX, Lockheed Martin ve Northrop Grumman Companies such as took the first place with their high sales figures and strengthened their position among the major players of the sector.

on the list GE Aerospace It ranked 6th with 31 billion 770 million dollars, Safran ranked 7th with 25 billion 107 million dollars, L3Harris ranked 8th with 19 billion 419 million dollars, Leonardo ranked 9th with 16 billion 549 million dollars, BAE Systems ranked 10th with 14 billion 757 million dollars.

Among the important actors in the industry, Rolls-Royce stood out as 11th with 14 billion 210 million dollars, Bombardier as 16th with 8 billion 46 million dollars, Thales as 21st with 5 billion 777 million dollars, and SpaceX as 28th with 4 billion 543 million dollars.

























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