Turkish Airlines receives 3 Airline Economics awards
TURKEY'S flag carrier received the European Supported Finance Deal of the Year and European Overall Deal of the Year awards, while Turkish Airlines member of the board and executive committee, Chief Financial Officer Murat Seker, won the European CFO of the Year award at the ceremony held by Airline Economics in London on Sept. 9, 2024. Flying to more countries than any other airline, Turkish Airlines is able to extend its financier base geographically by taking advantage of cost efficiency while minimizing currency risks thanks to its diversified revenue structure. The recent addition of a new currency to its financing portfolio with the financing of three Airbus A350 aircraft in Chinese yuan by AVIC International Leasing and CCB Financial Leasing was deemed worthy of the European Overall Deal of the Year award. Furthermore, Turkish Airlines' financing of two Airbus A350 aircraft with an ECA guaranteed structure in Japanese yen provided by BNP Paribas and Citibank and NTT TC Leasing consortium received the European Supported Finance Deal of the Year award, showing the airline's well-established position in the Japanese market since 2007. Representing Turkey's national flag carrier at the awards ceremony, Seker said he is truly honored to receive these awards and grateful to be a part of the strong Turkish Airlines family. "This recognition reflects the hard work and commitment of everyone at the airline, and I am confident that the national flag carrier will continue to achieve every step toward its strategic goals," he said.
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