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25 April 2024

Another IPO in the offing for Turkish Airlines

Another IPO in the offing for Turkish Airlines. (SUPPLIED)

Published
By Staff Writer

Turkey said it could sell part of its 49 per cent stake in Turkish Airlines, Europe's fourth-largest carrier and an airline with ambitious plans for growth. With Turkish stocks trading close to record highs, Transport Minister Binali Yildirim said an additional public offering was under consideration, though the timing was uncertain.