Financial analysis of two airlines (Turkish and emirates airlines) using IAS 16 IFRS 16 and IFRS 15. Also, check the effects of covid 19 on the financial health of these airlines.I have discussed how important these International Financial Reporting Standards (IFRS) are for examining these airlines' financial status. Throughout this time period, I have discussed the impact of COVID on the organization's financial situation. Turkish Airlines and Emirates Airlines are the airlines I've decided to conduct my research on.