Turkish Airlines is ordering 230 Airbus planes as part of a multibillion-dollar deal that will send economic ripples through Europe.
The deal, one of Airbus’s biggest order announcements, will be made up mostly of A321 planes and A350 wide-body aircraft.
It follows a handshake accord in Istanbul, and adds weight to President Recep Tayyip Erdogan’s ambition that Turkey becomes a global power.
For manufacturers in the Airbus supply chain the multibillion-dollar deal represents thousands of jobs.
President Erdogan has championed a strong national carrier to help put Turkey and its $900 billion economy on the international map.
The airline says it flies to the most countries in the world, using its hub in Istanbul as a major transfer airport.
Turkish has said publicly for months that it wants to place a big order as it aims to almost double its fleet in the next decade.
“We are reinforcing our leading position in global aviation and contributing to the nation’s prominence as an aviation hub,” Turkish Airlines chairman Ahmet Bolat said.
The airline is initially buying 150 A321 planes, 70 A350 wide-body aircraft and a number of freighters, Airbus said. There are also rights to extend the deal to 355 aircraft.
“I wish good luck to our country and our company,” Turkish Airlines chief executive Bilal Eksi said.
In Britain, Prime Minister Rishi Sunak and Business and Trade Secretary Kemi Badenoch welcomed the deal, which will be worth billions of pounds to the UK alone, with the engines being made by Rolls-Royce.
“This landmark deal between Turkish Airlines, Airbus and Rolls-Royce demonstrates that the sky’s the limit for the UK’s thriving aerospace sector,” Mr Sunak said.
“Meeting the growing demand in aviation will create better-paid jobs and new opportunities in manufacturing hubs from Derby to Wales, so we can continue growing the economy.”
The agreement will support thousands of high-skilled jobs across the UK and help to boost exports, Downing Street said.
All the wings will be designed in Bristol, and assembled in North Wales, supporting hundreds of manufacturing jobs in the UK aerospace supply chain.
The Rolls-Royce Trent XWB engines will deliver 25 per cent lower CO2 emissions compared to previous generation aircraft.
For Airbus, it was their second major scoop of the week after an order for 100 A321neo models from aircraft leasing firm Avolon was made on Tuesday.
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
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If you go...
Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).
Mohammed bin Zayed Majlis
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
Overview
What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.
When: From Sunday, February 2, to Wednesday, February 12.
Where: At 13 different centres across Sharjah.
Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.
Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.
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Three trading apps to try
Sharad Nair recommends three investment apps for UAE residents:
- For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
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- Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh289,000
T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10
How to tell if your child is being bullied at school
Sudden change in behaviour or displays higher levels of stress or anxiety
Shows signs of depression or isolation
Ability to sleep well diminishes
Academic performance begins to deteriorate
Changes in eating habits
Struggles to concentrate
Refuses to go to school
Behaviour changes and is aggressive towards siblings
Begins to use language they do not normally use
What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
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