This is under the guarantee of European Export Credit Agencies.
Turkish Airlines’ chief financial officer and Member of the Board and the Executive Committee, Assoc. Prof. Murat Şeker said: “This landmark deal between Turkish Airlines and KfW IPEX-Bank reaffirms our commitment to long-term sustainability goals by modernising our fleet with new-generation aircraft. We are pleased to strengthen our cooperation with KfW IPEX-Bank through this CHF currency transaction, which aligns with our diversification strategies in aircraft financing. We look forward to continuing our successful partnership with KfW IPEX-Bank.”
Sebastian Blum, Global Head of Mobility at KfW IPEX-Bank added: “We are happy to continue and strengthen the long-lasting relationship with our customer Turkish Airlines. Supporting our client’s fleet modernisation fits very well with our ambition to contribute to the transformation in mobility in Europe and worldwide.”