Operating in the energy, oil, and gas sector—particularly in aviation fuel—Istanbul Jet Aviation and Fuel Services Inc., one of Turkey’s leading companies, has once again demonstrated its robust and stable financial structure following the credit assessment conducted by the international rating agency JCR Eurasia Rating (JCR-ER).
Istanbul Jet’s financial soundness and credibility reaffirmed
As a result of the evaluation, Istanbul Jet received a Long-Term National Credit Rating of ‘A (TR)’ with a Stable Outlook, confirming its strong capacity to meet long-term financial obligations. Additionally, the company was assigned a Short-Term National Credit Rating of ‘J1 (TR)’ with a Stable Outlook, underscoring its very strong ability to meet short-term liabilities on time and in full.
On the international front, the assignment of a Stable Outlook in conjunction with the BB ratings for both foreign and local currency long-term credit, reflects the company’s cautious and consistent growth strategy in light of global economic fluctuations.
These strong credit ratings reaffirm Istanbul Jet Aviation and Fuel Services Inc.’s ability to fulfill both short- and long-term obligations in a timely manner. They also highlight the company’s solid financial footing and trusted position within the local market, while signaling resilience against macroeconomic volatility on a global scale.
Hüseyin Latifoğlu, General Manager of Istanbul Jet Aviation and Fuel Services Inc. states as; “Being rated with a stable outlook on an international scale is a significant indicator for us. We attribute this success to our investments in the national market, long-term strategic partnerships, and enduring business collaborations.
Despite currency fluctuations and macroeconomic uncertainties, we continue to maintain a stable performance in Turkey.
Guided by principles of financial transparency and sustainable growth, we remain committed to building trust with all our stakeholders.”
Istanbul Jet continues to strengthen its position as a reliable and strategic player in Turkey’s aviation fuel supply chain, combining sectoral expertise with a disciplined and sustainable financial structure.
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