Turkish Airlines Secures Landmark Financing from Bank of China

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 Turkey A.ª. The five-year facility, amounting to 2.9 billion Chinese Yuan (equivalent to USD 412 million), will support the airline’s core development initiatives, including fleet expansion, business growth, the construction of new facilities and infrastructure projects at Istanbul Airport.