January 5, 2018 / 4:59 PM / 12 days ago

Airbus signs tentative Turkish Airlines A350 deal

PARIS (Reuters) - Airbus (AIR.PA) Chief Executive Tom Enders signed a non-binding agreement with Turkish Airlines (THYAO.IS) 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.

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.

    Reporting by Tim Hepher; Writing by Laurence Frost; Editing by Ingrid Melander

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below