Turkish Airlines Secures $412M Financing Deal From Bank Of China
Turkish Airlines has secured a $412 million financing package from the Bank of China, arranged through Bank of China Turkey A.Ş., to support its ongoing expansion and infrastructure development initiatives.
Turkish Airlines has secured a $412 million financing package from the Bank of China, arranged through Bank of China Turkey A.Ş., to support its ongoing expansion and infrastructure development initiatives.
The five-year loan will also support the airline’s fleet expansion, business growth, and the construction of new facilities and infrastructure projects at Istanbul Airport.
Turkish Airlines CFO Murat Şeker said, “As Turkish Airlines continues to pursue sustainable growth and global expansion, we value the trust and partnership established with leading international institutions such as Bank of China. This cooperation not only strengthens our flag carrier’s financial position but also contributes to the broader economic and cultural ties between Turkey and China.”
Şeker added that the airline remains “committed” to advancing its financial strategy through strategic partnerships as it continues expanding its fleet and network toward its 2033 centennial goals.
Turkish Airlines serves over 355 destinations across 131 countries, with Istanbul positioned as a major hub connecting Asia, Europe, and the Middle East.
