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Business, Aviation

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

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Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

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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