Turkish Airlines has finalized a landmark financing deal worth 2.9 billion Chinese Yuan (approximately USD 412 million) with Bank of China, arranged through Bank of China Turkey A.Ş. The five-year facility will be directed toward fleet expansion, business growth, construction of new facilities, and infrastructure development at Istanbul Airport, supporting the carrier’s long-term growth strategy.
This milestone strengthens Turkish Airlines’ commitment to diversifying funding sources while advancing sustainable and globally inclusive expansion. The financing, coordinated by Bank of China Turkey and BOC Macau branch as lender, also deepens financial cooperation between Türkiye and China, aligning with both nations’ long-term strategic objectives.
Assoc. Prof. Murat Şeker, Chief Financial Officer and Member of the Board of Directors and Executive Committee at Turkish Airlines, said, “We are pleased to deepen our collaboration with Bank of China through this important financing transaction… 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.”
In Kolkata, the deal reflects strong investor confidence in global aviation recovery and expansion cycles. With Kolkata emerging as a fast-growing international travel hub, experts believe such strategic financing models could inspire similar interest from global lenders in India’s aviation and infrastructure development, enhancing connectivity and competitiveness. The airline is advancing toward its 2033 centennial goals through innovative funding partnerships and network expansion.
