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Business, Aviation

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Turkish Airlines explore options of buying 355 Airbus jets

The new fleet of airplanes is expected to be delivered between 2026-2036. (AFP)
By TRENDS Desk AFP
November 14, 2023 12:05 am
  • The airline said that negotiations are held with Airbus regarding the purchase of a total of 355 aircraft.
  • In September, Turkish Airlines revealed plans to purchase 10 additional Airbus A350-900 aircraft

Istanbul, Turkey – Turkish Airlines, the country’s flag carrier, confirmed on Monday that it was in talks with Airbus to buy up to 355 jets in a huge push to expand its fleet.

“Negotiations are held with Airbus regarding the purchase of a total of 355 aircraft — 240 of which are firm and 115 of which are optional — to be delivered between 2026-2036,” the airline said in a statement.

It did not disclose any financial details for the deal announced as the Dubai Air Show opens on Monday, where a number of major purchases could be signed this week.

In September, Turkish Airlines revealed plans to purchase 10 additional Airbus A350-900 aircraft, nearly doubling its existing fleet of the widebody planes.

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