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Turkish Airlines has officially confirmed that it is holding non-binding discussions regarding a potential investment in Spain-based airline Air Europa.
The announcement comes amid ongoing efforts by the flag carrier to expand its presence in the global aviation market and strengthen its competitive position.
In a statement disclosed to the Public Disclosure Platform (KAP) on Friday, Turkish Airlines noted that the talks are focused on evaluating investment opportunities and identifying possible partnership synergies with Air Europa Holding S.L.U. The company emphasized that it regularly assesses growth prospects in line with its long-term strategy.
According to the disclosure, "Our partnership continuously evaluates growth opportunities to enhance its global position in the aviation sector and increase its market competitiveness. In this context, non-binding negotiations are being conducted to examine the investment opportunity in Air Europa and to determine potential partnership synergies."
The airline added that, based on a decision by its Board of Directors dated May 29, 2025, it had initially postponed the public disclosure of the talks.
Turkish Airlines stated that the deferral was not expected to mislead investors and that all necessary measures had been taken to maintain confidentiality during the delay period. The company also assured that it would inform the public promptly if any developments arise that could influence investment decisions.
As of now, the talks remain at a preliminary stage, with no binding offer submitted.
Turkish Airlines reiterated that the process includes uncertainties and stressed that it will issue further updates should any material change occur.
Air Europa is a Spanish airline founded in 1986 and based in Llucmajor, on the island of Mallorca. It operates flights within Spain as well as to destinations across Europe, North Africa, and Latin America, currently serving 42 locations in 19 countries.
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