ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

19 Çelebi Ground Handling 2024 Annual Report Details on the air passenger market International air traffic increased in all regions in 2024, exceeding the 2019 high level by 0.5%. While capacity remained 0.9% lower than in 2019, the load factor increased by 0.5 percentage points to reach a record level of 83.2%. In December, international demand increased by 10.6%, capacity increased by 7.7% and load factor increased by 2.2 percentage points compared to December 2023, reaching 83.9%. Asia Pacific Airlines was the fastest-rising region with a 26.0% increase in international traffic in 2024. However, international RPKs remained 8.7% below 2019 levels. European Airlines saw 9.7% annual traffic growth, capacity increased by 9.2% and occupancy rate reached 84.1%. Middle East Airlines recorded a 9.4% traffic increase in 2024, capacity increased by 8.4% and occupancy rate reached 80.8%. North American Airlines saw a 6.8% increase in traffic, occupancy rate recorded at 84.2%. Latin American Airlines achieved the highest occupancy rate among the regions (84.8%) with a 14.4% increase in traffic. African Airlines reached a record level for the region with a 13.2% increase in traffic. In Turkey… In the January-December period of 2024 in Turkey, domestic commercial aircraft traffic increased by 2.29% and international commercial aircraft traffic increased by 7.01% compared to the same period of the previous year. According to these results, the increase in total commercial aircraft traffic was 5.01%. January-December 2024 Activities and Performance A total of 116,007 flights were serviced by the Company in the Turkish market during January-December 2024 period, corresponding to a 22.44% year-on-year increase over the 2023 figure which was 94,744 flights. Our subsidiary, Çelebi Airport Services India Private Limited (formerly known as Çelebi Ground Handling Delhi Private Limited), which started to provide services at the Indira Gandhi International Airport in Delhi, India from June 2010, served 35,327 flights at the Delhi, Ahmedabad, Cochin, Bangalore, Goa and Hyderabad stations in the January-December 2023 period and 30,530 flights in the January-December 2024 period, registering a 13.5% decrease. With the addition of Chennai to our Mumbai, Delhi, Ahmedabad, Cochin, Bangalore, Hyderabad, Goa and Kannur stations that we serve in India, our total number of stations in this country has reached 9. Our Celebi Delhi Cargo Terminal Management India Pvt. Ltd. subsidiary has been providing cargo warehousing and handling services in 77,000 m 2 of space at Delhi International Indira Gandhi Airport since November 2009. While the company had handled 441,700 tons of cargo in 2023, the same rose by 14.9% to 507,420 tons in the January-December 2024 period. Celebi NAS, another subsidiary that began services at Chhatrapati Shivaji International Airport in Mumbai (Bombay) in July 2009, serviced 31,893 flights during January-December 2023 period. In the January-December 2024 period, 32,890 flights have been served with an increase of 3.1% year-on-year. Celebi Ground Handling Hungary, Çelebi Ground Handling’s first international subsidiary, served a total of 35,687 flights in January-December 2024 period, registering 15.9% increase as compared with 30,786 flights serviced in 2023. Celebi Ground Handling Hungary started cargo handling operations in January 2011 in its new warehouse located outside the airport. While the company had provided service for a total of 57,584 tons during 2023, the same registered as 114,138 tons in January-December 2024 period, increasing by 98.2%. Celebi Cargo GmbH entered operation in 2011 to offer air cargo storage and handling services in its storage facilities at the International Frankfurt Airport’s “Cargo City Süd”. Having handled 158,511 tons of cargo in 2023, that figure was registered as 179,296 tons in January-December 2024 period with a rise of 13.1%.