Turkish Airlines inks landmark finance deal to acquire Airbus A350s
Islam
ISTANBUL Flag carrier Turkish Airlines on July 28 signed a landmark finance deal with Dubai Islamic Bank (DIB) to purchase Airbus A350 airplanes. As part of Turkish Airlines' strategy to diversify its financing portfolio, an Islamic financial leasing transaction denominated in Swiss francs was signed with DIB, the world's first Islamic bank and the largest in the UAE. The transaction, completed after approximately a year of preparation, aims to incorporate this financing method, actively used
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