{"id":90076,"date":"2025-11-05T00:00:00","date_gmt":"2025-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/11\/05\/turkish-airlines-taps-bank-of-china-for-usd-412-mn-loan\/"},"modified":"2025-11-05T00:00:00","modified_gmt":"2025-11-05T00:00:00","slug":"turkish-airlines-taps-bank-of-china-for-usd-412-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/11\/05\/turkish-airlines-taps-bank-of-china-for-usd-412-mn-loan\/","title":{"rendered":"Turkish Airlines taps Bank of China for USD 412 mn loan"},"content":{"rendered":"

Turkish <\/strong>Airlines has clinched a five-year loan from Bank of China (BOC) <\/strong>amounting to CNY 2.9 bn (c. USD 412 mn)<\/strong>, according to a press release<\/a>. The facility \u2014 arranged by BOC\u2019s Turkey unit and Macau unit as the lender \u2014 will fund the carrier\u2019s fleet expansion, business growth, and the development of infrastructure at Istanbul Airport, the press release said. <\/p>\n

Aircraft funding streak: <\/strong>The Turkish flag-carrier signed<\/a> a 12-year Islamic finance lease agreement with Dubai Islamic Bank to back its purchase of a new Airbus A350-941 earlier this year. <\/p>\n

Beefing up the orderbook: <\/strong>Turkish Airlines is set to uptake 14 narrowbody jets<\/a> from US-based lessor Carlyle and Irish lessor Avolon \u2014 including Boeing Max and Airbus Neo carriers \u2014 to be delivered in 2028. The firm placed an order for 75 Dreamliners from Boeing in September<\/a>, with talks still ongoing for 150 737 Max jets pending a final price agreement. <\/p>\n

This followed an agreement<\/a> between Turkish Airlines and Riyadh-based aircraft leasing firm AviLease for a long-term lease of eight Airbus A320neo jets in April.<\/p>\n","protected":false},"excerpt":{"rendered":"

The five-year debt facility will go toward the carrier\u2019s fleet expansion, business growth, and establishment of infrastructure at Istanbul Airport<\/p>\n","protected":false},"author":1,"featured_media":90077,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[166],"tags":[145,248,165,231,454],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-aviation","tag-china","tag-debt-watch","tag-turkey","tag-turkish-airlines","wpautop","entry"],"acf":{"mongo_id":"f0cd8ebe-26f8-4480-8d3a-40ad4ea294de","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/1720.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Turkish Airlines taps Bank of China for USD 412 mn loan","related_issue":[90068],"teaser":"The five-year debt facility will go toward the carrier\u2019s fleet expansion, business growth, and establishment of infrastructure at Istanbul Airport","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.d04d2996-e778-46f9-84b7-472b65e737fd.mp3"},"yoast_head":"\nTurkish Airlines taps Bank of China for USD 412 mn loan - 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