BIST

THY will accelerate the investment process for Air Europa.

Yatirimmasasi.com
6/11/2025 10:01
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Turkish Airlines' Investment Announcement in Air Europa

Turkish Airlines (THY) has shared updated information regarding the investment process with Air Europa. The company announced that this process is expected to be completed in approximately 6 to 12 months.

Transaction Documentation Completed

THY announced on the Public Disclosure Platform (KAP) that the transaction documentation process between the parties has been successfully completed, and in this context, partnership and other relevant contracts have been signed.

Expectations of 300 Million Euro Value and Share Ratio

In the announcement, it was stated, "As previously mentioned, the relevant transaction largely involves a capital increase valued at 300 million euros. Depending on technical and financial adjustments during the closing phase, the minority share ratio is expected to be in the %25 to %27 range."

Strategic Objectives and Importance of the Investment

THY emphasized in a special situation announcement dated August 19, 2025 that the partnership will strengthen its strategic position in the global aviation sector and aims to open new tourism markets in Latin America. They underlined their goal of increasing the number of tourists coming to the country and economic contributions by expanding the passenger and cargo flight network between Spain and Turkey.

THY, Air Europa, investment process, capital increase, BIST, airline, tourism
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