Turkish Airlines said to weigh global sukuk, bond sale

Turkey’s flag carrier is weighing plans to tap international debt markets, according to two people with knowledge of the matter.Istanbul-based Turkish Airlines sent a request for proposals to banks for options including a conventional bond or sukuk, the people said, asking not to be identified because the plans aren’t public. The debt is likely to have a maturity of five-to-ten years, they said.aA spokesman for Turkish Airlines didn’t immediately respond to requests for comment.The airline last month moved its base to the new $11bn Istanbul airport. The transfer by Europe’s fifth-largest carrier was delayed several times in recent months because of the complexity of starting a facility designed to eventually handle 200mn passengers a year – roughly triple Ataturk’s current traffic.