Turkish Airlines secures 408 million USD financing from Bank of China

Turkey

Five-year loan supports fleet expansion, infrastructure projects, and strengthens Türkiye–China economic relations

Turkish Airlines has obtained a five-year financing package worth $408.5 million from the Bank of China (BOC) Türkiye, with BOC Macau serving as the lender. The funds will support the airline’s fleet expansion, growth initiatives, facility investments, and infrastructure development projects at IGA Istanbul Airport.

According to a statement from the airline’s Communications Directorate, the financing represents a strategic milestone in Turkish Airlines’ efforts to diversify its funding sources and underscores its commitment to sustainable, inclusive growth.

A new chapter in Türkiye–China cooperation

The transaction also marks an important step in strengthening the economic and cultural partnership between Türkiye and China, reinforcing both nations’ growing cooperation in aviation, trade, and infrastructure.

Murat Şeker, Chief Financial Officer and Member of the Board at Turkish Airlines, emphasized the broader significance of the deal:

“This financing strengthens the financial structure of our flag carrier and contributes to the development of economic and cultural ties between Türkiye and China.”

As the airline serving the most countries in the world, Turkish Airlines continues to expand its international footprint while investing in next-generation aviation infrastructure at its Istanbul hub — a cornerstone of its long-term global strategy.