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HomeIndiaTurkish Airlines received three financing awards from ‘Airline Economics’

Turkish Airlines received three financing awards from ‘Airline Economics’

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Flag carrier brand received the European Supported Finance Deal of the Yearand European Overall Deal of the Year awards while Turkish Airlines’ Member of the Board and the Executive Committee and Chief Financial Officer (CFO), Assoc. Prof. Murat Şeker won the European CFO of the Year” award at the ceremony held by “Airline Economics in London on 9th September.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. 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 “European Overall Deal of the Year” award.Furthermore, Turkish Airlines’ financing of two Airbus A350 aircraft with an ECA guaranteed JOLCO structure in Japanese Yen provided by BNP Paribas & Citibank and NTT TC Leasing consortium received European Supported Finance Deal of the Year” award, showing the airline’s well-established position in the Japanese market since 2007.Turkish Airlines’ Member of the Board and the Executive Committee, and Chief Financial Officer (CFO), Assoc. Prof. Murat Şeker, was awarded with title of “European CFO of the Year.” This recognition underscores his financial leadership, strategic vision, and deep expertise, which have been central to Turkish Airlines’ sustained growth and success over many years. Assoc. Prof. Şeker’s contributions have not only strengthened the Turkish Airline’s financial health but also have supported its strategic initiatives, enabling the airline to excel in a competitive and volatile market environment. Starting his tenure as CFO of Turkish Airlines in 2016, he has been critical in optimizing financial operations,managing risks, and implementing forward-thinking strategies that have helped the company to achieve significant milestones and maintain its competitive edge on the global stage.

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