Turkish Airlines has completed a financing transaction with Bank of China, arranged by Bank of China Turkey.
The five-year facility, amounting to 2.9
billion CNY ($412 million), will support Airline’s core development
initiatives, including fleet expansion, business growth, the construction of new
facilities and infrastructure projects at Istanbul Airport.
Murat Şeker, Turkish Airlines Chief
Financial Officer and Member of the Board of Directors and the Executive Committee,
stated: “We are pleased to deepen our collaboration with Bank of China through
this important financing transaction. As Turkish Airlines continues to pursue
sustainable growth and global expansion, we highly 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
Türkiye and China. -TradeArabia News Service