Turkish Airlines has successfully retained its credit ratings following a periodic assessment by the international credit rating agency Moody’s. Taking into account the airline’s financial stability and future outlook, Moody’s confirmed both the corporate credit rating and the ratings of its financial instruments.
As a result of the evaluation:
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The corporate credit rating was maintained at Ba3 with a positive outlook.
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The USD-denominated Enhanced Equipment Trust Certificate (EETC) rating was also affirmed at Ba3.
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For the JPY-denominated Class A Enhanced Equipment Trust Certificate, the rating remained at Ba2.
These ratings reflect Turkish Airlines’ strong operational structure and sustainable global performance, while also signalling continued investor confidence in the company.
Emphasis on Financial Discipline and Reliability
The maintenance of a positive outlook suggests that Turkish Airlines not only has a robust current financial structure but also holds the potential for a future rating upgrade. Moody’s assessment supports the success of the airline’s growth strategy, which is based on a stable revenue structure, an extensive flight network, effective capacity management, and strong global brand value.
Public Statement from Turkish Airlines
In a statement released by Turkish Airlines, the company noted:
“The retention of our credit ratings by Moody’s is a sign of confidence in the financial discipline and sustainability of our global operations. We extend our gratitude to our passengers and investors and reaffirm our commitment to proudly carry our nation’s flag across the skies.”
