Turkish Airlines has completed an aircraft financing transaction.

Two new-generation Airbus A350 aircraft that joined the flag carrier’s fleet in August 2024 are financed in Swiss Franc by KfW IPEX-Bank under the guarantee of European Export Credit Agencies.

Commenting on the closing of this transaction, Turkish Airlines’ Chief Financial Officer and Member of the Board and the Executive Committee, Assoc. Prof. Murat Şeker stated; “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.”

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Sebastian Blum, Global Head of Mobility at KfW IPEX-Bank expressed that “We are happy to continue and strengthen the long-lasting relationship with 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.”

The global brand has recently signed a significant purchase agreement with Airbus for 355 aircraft, positioning Turkish Airlines for one of the largest fleet expansions in the coming years.

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