Turkish Airlines has secured a major financing agreement worth 2.9 billion Chinese Yuan (approximately USD 412 million) from Bank of China, arranged through Bank of China Turkey A.Ş., marking one of its most significant recent financial achievements. The five-year facility will support the airline’s development plans, including fleet expansion, business growth, and new infrastructure projects at Istanbul Airport. The deal underscores Turkish Airlines’ strategy to diversify funding sources while strengthening long-term financial resilience. The financing, coordinated by Bank of China Turkey and the BOC Macau branch, also reinforces growing economic and strategic cooperation between Türkiye and China.
Assoc. Prof. Murat Şeker, Chief Financial Officer and Board Member of Turkish Airlines, said the agreement reflects strong international confidence in the airline’s growth trajectory. “This cooperation not only strengthens our flag carrier’s financial position but also contributes to broader economic and cultural ties between Türkiye and China,” he noted.
In Kolkata, the financing deal signals rising global investor confidence in aviation recovery and expansion. With Kolkata being a growing international travel hub, stakeholders believe partnerships like these can encourage similar foreign investments in India’s aviation ecosystem, potentially boosting route connectivity and airline capacity in coming years. The financing aligns with Turkish Airlines’ strategic roadmap toward its 2033 centennial targets, supporting sustainable expansion across global markets.