Turkish Airlines continues to lead the way in sustainable aviation by financing two A321NEO aircraft, renowned for their exceptional environmental performance, through a multicurrency JOLCO structure that includes a sustainability-linked loan facility.
The airline, known for achieving some of the lowest financing costs in the industry with its award-winning and creative financing models, has made a significant advancement in sustainable aviation finance.
Structured by Société Générale, this facility ties the airline's financing to its Sustainability Performance Targets (SPTs), focusing on reducing fleet carbon intensity in alignment with international aviation standards.
Assoc. Prof. Murat Seker, Turkish Airlines’ Member of the Board, Executive Committee, and Chief Financial Officer (CFO), commented: “As the 'Most Sustainable Flag Carrier Airline' for three consecutive years, we are pleased to incorporate our sustainability initiatives into our aircraft financing strategy. This integration not only supports our ongoing fleet renewal efforts but also aligns with our goal of achieving carbon neutrality by 2050.”
Turkish Airlines’ aircraft financing team has consistently secured some of the lowest costs in the airline sector and has been recognized annually with numerous awards from prestigious organizations such as Global Transport Finance, Airline Economics, Airfinance Journal, and Bonds, Loans & Sukuk Türkiye. Over the past decade, the airline has received more than 30 international aircraft finance awards for successful financing transactions totaling approximately $16 billion, reflecting its innovative approach and industry leadership.