Airbus signs tentative Turkish Airlines A350 deal
Reuters
Published Jan 05, 2018 17:03
Airbus signs tentative Turkish Airlines A350 deal
PARIS (Reuters) - Airbus (PA:AIR) Chief Executive Tom Enders signed a non-binding agreement with Turkish Airlines (IS:THYAO) on a potential order for 25 A350-900 aircraft, during an official visit by Turkish president Tayyip Erdogan in Paris on Friday.
Turkish Airlines, one of the world's fastest-growing carriers, is a major customer of both Airbus and its U.S. rival Boeing (NYSE:BA).
State-owned Turkish Airlines is one of a handful of carriers whose dealings with plane-makers tend to accelerate around major diplomatic events.
In September, it signed a surprise provisional order for 40 Boeing 787-9 planes while Erdogan was in New York for the UN General Assembly.
The tentative Airbus deal was inked during a ceremony attended by Erdogan and his host, French President Emmanuel Macron. Turkish Airlines confirmed in a subsequent statement that it had begun negotiations with Airbus on the plane deal.
Airbus is also in negotiations to sell planes to China during a visit by Macron next week.
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Written By: Reuters
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