Turkish Airlines has approved an investment to acquire a 40 percent equity stake in DB Tarımsal Enerji ve Ticaret, a Turkish energy company focused on biofuel production. The deal, valued at around USD 42 million, supports the carrier’s sustainable aviation fuel strategy and was disclosed through official financial reporting on April 1, 2026.
The board of directors’ decision aims to secure upstream participation in SAF supply to meet future needs and align with industry efforts to cut aviation greenhouse gas emissions. SAF, produced from biomass, waste oils, or renewable sources, helps airlines achieve carbon reduction targets.
DB Tarımsal Enerji ve Ticaret produces renewable fuels and bioenergy products in Turkey, with plans for SAF facilities in coordination with technology partners. National regulators see Turkey emerging as a regional SAF producer, though specific production timelines and capacities remain under development.
The transaction involves equity acquisition or capital increase under Turkish corporate law, subject to regulatory clearances. Financial market reports, including Reuters, confirmed the material disclosure via stock exchange announcements, though Turkish Airlines has not yet issued a dedicated global press release.