The landmark 2.9 billion CNY deal strengthens Türkiye–China cooperation and supports the airline’s fleet and infrastructure growth.
Turkish Airlines, the world’s most connected airline flying to more countries than any other, has finalized a landmark financing agreement worth 2.9 billion Chinese Yuan (USD 412 million) with Bank of China, arranged through Bank of China Turkey A.Ş.
The five-year facility will bolster Turkish Airlines’ fleet expansion, business growth, and infrastructure development at Istanbul Airport, reflecting the carrier’s strategic focus on sustainable and diversified funding sources.
The transaction marks a significant step in strengthening financial cooperation between Türkiye and China, aligning with both nations’ broader economic and strategic objectives.
Commenting on the development, Assoc. Prof. Murat Şeker, Chief Financial Officer and Member of the Board, said:
“We are pleased to deepen our collaboration with Bank of China through this important financing transaction. This partnership reinforces our financial resilience and contributes to the growing economic and cultural ties between Türkiye and China.”
As Turkish Airlines approaches its 2033 centennial, the carrier continues to pursue innovative financing and global partnerships to support long-term sustainability and expansion in the international aviation sector.
