THY will accelerate the investment process in Air Europa.

Turkish Airlines' Investment Statement on Air Europa

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

Transaction Documentation Completed

In a statement to the Public Disclosure Platform (KAP), THY announced that the transaction documentation process between the parties has been successfully completed and that partnership and other relevant contracts have been signed.

Expected Value and Share Ratio of 300 Million Euros

The statement included, "As previously stated, the relevant transaction largely involves a capital increase valued at 300 million euros. Depending on the technical and financial adjustments at the closing stage, the minority share ratio is expected to be realized in the range of 25% to 27%."

Strategic Objectives and Importance of the Investment

THY emphasized in its 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. It highlighted its intention to increase the number of tourists arriving in the country and the economic contribution by expanding the passenger and cargo flight network between Spain and Turkey.