18.08.2023 - Non-current Financial Asset Acquisition

As announced by our Incorporation on 14.07.2023, our Board of Directors had decided to initiate necessary works to establish electronic money and payment services corporation and conduct relevant regulatory licensing processes in order to translate Turkish Airlines' current potential into a value accretive business model considering our Incorporation's experience and power in the aviation industry and sales channels transaction volume.

Within this context, the incorporation of "THY Finansal Teknolojiler Anonim Şirketi", as a wholly-owned subsidiary of Turkish Airlines, was completed as of 18.08.2023 upon the registration by the Istanbul Trade Registry Office.