INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Turkish Airlines orders 10 A350 Airbus

The planes would be acquired in three batches between 2025 and 2027. (AFP)
  • Turkish Airlines now has 14 A350-900s and 20 Boeing 787-9 Dreamliners, which is the European jet's main competitor in the long-range.
  • An A350-900 was worth 317.4 million euros ($343 million) in 2018, when the aircraft manufacturer's price catalogue was last released.

Istanbul, Turkey – Turkish Airlines has decided to purchase 10 additional Airbus A350-900s aircraft, nearly doubling its existing fleet of the widebody planes, the Turkish flag carrier said in a public filing.

It disclosed no financial details in a brief statement, saying only that a decision to acquire the jets in three batches between 2025 and 2027 has been approved by the company board.

Turkish Airlines now has 14 A350-900s and 20 Boeing 787-9 Dreamliners, which is the European jet’s main competitor in the long-range, widebody market, according to a company spokesman.

An A350-900 was worth 317.4 million euros ($343 million) in 2018, when the aircraft manufacturer’s price catalogue was last released.

Manufacturers rarely sell their planes at the advertised prices, usually offering discounts for large orders.