Turkish Airlines (THY) has taken another significant step in line with its long-term growth strategies and efforts to enhance competitiveness in the global aviation sector. The company announced that it has submitted a binding offer to acquire a minority stake in Spain-based Air Europa Holding S.L.U. (“Air Europa”).
In line with the negotiations disclosed in a special announcement on 20 June 2025, the feasibility studies carried out with Air Europa have been completed. Following the evaluations, the investment was found to be highly aligned with Turkish Airlines’ value creation objectives under its Vision 2033.
The key strategic benefits expected from this investment between the two airlines include:
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The combination of Turkish Airlines’ strong global network with Air Europa’s solid presence in the Iberian Peninsula and Latin America will create opportunities for rapid and scalable growth in the Latin American market.
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Through subsidiaries and affiliates, it will generate synergy and leverage effects by providing new revenue channels and operational diversity within THY’s established aviation ecosystem.
The investment process is considered part of Turkish Airlines’ goal to strengthen its presence in international markets. THY officials stated that the public will be promptly informed of any new developments that may influence investors’ decisions.
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