Turkish Airlines is ordering 230 Airbus planes as part of a multibillion-dollar deal that will send economic ripples through Europe.
The deal, one of Airbus’s biggest order announcements, will be made up mostly of A321 planes and A350 wide-body aircraft.
It follows a handshake accord in Istanbul, and adds weight to President Recep Tayyip Erdogan’s ambition that Turkey becomes a global power.
For manufacturers in the Airbus supply chain the multibillion-dollar deal represents thousands of jobs.
President Erdogan has championed a strong national carrier to help put Turkey and its $900 billion economy on the international map.
The airline says it flies to the most countries in the world, using its hub in Istanbul as a major transfer airport.
Turkish has said publicly for months that it wants to place a big order as it aims to almost double its fleet in the next decade.
“We are reinforcing our leading position in global aviation and contributing to the nation’s prominence as an…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
