Turkish Airlines receives “Sustainable Financing Pioneer Award”

Turkish Airlines has been presented with the Sustainable Financing Pioneer Award by Ishka.

 

Image: Turkish Airlines

The award recognising its transaction that integrated a sustainability-linked loan structure into a multi-currency JOLCO financing model for the acquisition of two next-generation, fuel-efficient Airbus A321neo aircraft.

This innovative transaction, arranged by Societe Generale, links the financing terms to Turkish Airlines’ Sustainability Performance Targets (SPTs), particularly the goal of reducing carbon intensity across its fleet.

Commenting on the award, Turkish Airlines’ Member of the Board and the Executive Committee, and Chief Financial Officer (CFO), Assoc. Prof. Murat Şeker, said: “We are proud to receive this international recognition for incorporating a sustainability-driven financing structure in our aircraft financing strategy. We believe this structure not only supports our fleet renewal and growth objectives, but also reinforces our long-term commitment to becoming a carbon-neutral airline by 2050.”