Turkish Airlines is pushing to acquire Lufthansa’s 50% stake in joint-venture leisure carrier SunExpress, seeking full control of the Antalya-based operator. The move would fold the XQ leisure brand under TK control and complements the carrier’s recent strategic investments and network expansion efforts.
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Briefing
A 50% stake purchase would give Turkish Airlines full control of SunExpress’s Antalya-based leisure network and fleet, shifting short-haul leisure capacity and commercial decisions to TK.
The move follows Turkish’s recent financing and outward investment push, including a CNY 2.9bn (~$412m) facility to fund fleet and infrastructure and its minority stake activity in Europe, such as the Air Europa investment (27% for ~€300m).
For Lufthansa, selling its SunExpress stake would align with its broader portfolio reshaping — including a network-brand centralisation drive and a pivot toward long-haul growth — that is rebalancing where the group focuses capital and commercial control.
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Turkish Airlines Denies Talks to Acquire SunExpress • Aviation Source
Turkish Airlines denies rumors of buying SunExpress • Daily Sabah
(DE) Turkish Airlines wants full control of SunExpress • aerotelegraph.com
(TR) Turkish Airlines' statement on 'SunExpress' • airporthaber2.com
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• CH-Aviation Staff