Turkish Airlines

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THYAO

TWF completes first int’l Islamic finance transaction

Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB).

This three-year term agreement marks the first Islamic finance transaction for the TWF.

Doğan Investment Bank acted as the financial adviser and coordinator for the transaction, the fund said in a statement.

Plane makes emergency landing after lightning strike in Istanbul

A Turkish Airlines (THY) aircraft carrying passengers from Istanbul to the southern province of Antalya has been struck by lightning shortly after takeoff.

After the THY flight for Antalya departed from Istanbul Airport on Jan. 29 at 9:25 a.m., the cabin crew promptly informed the control tower that the aircraft was hit by lightning.

Turkish Airlines to double fleet size in 10 years

Turkish Airlines aims to double the number of aircraft in its fleet in 10 years and to become one of top seven carriers in the world, Ahmet Bolat, the chairman of the board and the executive committee, has said.

The company currently operates a fleet of 440 jets, Bolat said, adding that its fleet will expand to have a total of 810 aircraft by 2033.

Türkiye’s first astronaut to conduct 13 space experiments

Set to make history, the first Turkish astronaut Alper Gezeravcı, whose launch has been delayed due to a technical problem, will undertake 13 groundbreaking experiments in space.

The rocket that will carry the Axiom Mission 3 (Ax-3) crew, including Türkiye's first astronaut Alper Gezeravcı, to the International Space Station (ISS) will launch tonight at 12:49 a.m.

Airbus says record 2,094 planes ordered in 2023, 735 delivered

European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.

The company also said that despite persistent supply chain problems it delivered 735 jets to clients last year, beating its own target of 720 deliveries.

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