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 […]

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