Published by Global Banking and Finance Review
Posted on August 19, 2025
1 min readLast updated: January 22, 2026
Turkish Airlines has acquired a minority stake in Spain's Air Europa for 300 million euros, expanding its European market presence.
ANKARA (Reuters) -Turkish Airlines said on Tuesday that its binding offer for the acquisition of a minority stake in Spanish airline Air Europa has been accepted.
In a statement to the Public Disclosure Platform, Turkish Airlines said the transaction involves an investment of 300 million euros ($349.38 million).
($1 = 0.8587 euros)
(Reporting by Ceyda Caglayan, Writing by Huseyin Hayatsever; Editing by Leslie Adler)
The investment by Turkish Airlines for the minority stake in Air Europa is valued at 300 million euros, which is approximately $349.38 million.
Turkish Airlines is acquiring a minority stake in the Spanish airline Air Europa.
Turkish Airlines announced that its binding offer for the acquisition was accepted on Tuesday.
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