UAE - Dubai, Turkish Airlines, the airline flying to more countries than any other, has successfully completed a landmark financing transaction with Bank of China, arranged by Bank of China Türkiye A.Ş. The five-year facility, amounting to 2.9 billion Chinese Yuan (equivalent to USD 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.

The transaction marks a new milestone in Turkish Airlines’ ongoing efforts to diversify its funding sources while reinforcing its commitment to sustainable and globally inclusive growth. Coordinated by Bank of China Türkiye and BOC Macau branch as the lender of the facility, the financing also represents a strengthening of financial cooperation between Türkiye and China, further aligning with both countries’ long-term strategic initiatives.

Commenting on the successful transaction, Turkish Airlines Chief Financial Officer and Member of the Board of Directors and the Executive Committee, Assoc. Prof. Murat Şeker 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.

This transaction highlights Turkish Airlines’ strategic vision of embracing innovative and diversified financing solutions that support its long-term sustainability goals. The airline remains committed to advancing its financial strategy through partnerships with globally respected institutions, reinforcing its leadership in the global aviation industry as it continues to expand its fleet and network toward its 2033 centennial targets.

About Turkish Airlines:

Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 512 (passenger and cargo) aircraft flying to 355 worldwide destinations as 302 international and 53 domestics in 131 countries. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram.

About Star Alliance:

Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey. The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United. Overall, the Star Alliance network currently offers 17,500 daily flights to over 1,150 airports in 189 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines. Star Alliance Press Office: Tel: +65 8729 6691 Email: mediarelations@staralliance.com Visit our website .