Turkish Airlines, the carrier flying to more countries than any other airline, has secured a landmark financing deal with the Bank of China. The five-year facility, worth 2.9 billion Chinese Yuan (approximately USD 412 million), will support the airline’s fleet expansion, business growth, and infrastructure projects at Istanbul Airport.
The deal, arranged by Bank of China Turkey A.Ş. and coordinated with BOC Macau, strengthens financial cooperation between Türkiye and China while diversifying Turkish Airlines’ funding sources.
Assoc. Prof. Murat Şeker, Chief Financial Officer of Turkish Airlines, said, “We are pleased to deepen our collaboration with Bank of China through this important financing transaction. This cooperation strengthens our financial position and contributes to broader economic and cultural ties between Türkiye and China.”
The financing underscores Turkish Airlines’ commitment to sustainable growth and its strategic vision of embracing innovative funding solutions. The airline aims to continue expanding its fleet and network as it works toward its 2033 centennial targets, reinforcing its leadership in global aviation.
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