Turkey Wealth Fund Could Provide Lifeline to Turkish Airlines
Posted on 10/02/2020
Turkish Airlines is in dialogue with the Turkey Wealth Fund on possible emergency funding. When the coronavirus pandemic emerged, Turkish Airlines stopped nearly all flights. Turkish Airlines revealed a loss of 2.23 billion Turkish lira in the second quarter. Turkey Wealth Fund owns 49.12% of Turkish Airlines. According to data from Eurocontrol (European Organization for […]
