FLYING to more countries than any other airline, Turkish Airlines has added a new currency to its financing portfolio in line with its natural currency hedging policy and thanks to its diversified revenue structure.
Three Airbus A350 aircraft that joined the flag carrier's fleet between May and July 2024 were financed with Chinese yuan by AVIC International Leasing and CCB Financial Leasing.On its success journey from boutique to the top, Turkish Airlines continued to grow in the Chinese market by increasing flight frequencies and several collaborations with valued partners in the region. Ahmet Bolat is the Turkish Airlines chairman of the board and executive committee.
By working with leading aircraft financiers in the Chinese market, global airline also enriched its financing portfolio in terms of both currency and geography.Turkish Airlines Chairman of the Board and Executive Committee Ahmet Bolat stated: 'As Turkish Airlines, we have added another achievement to our successes in aircraft financing by becoming the first airline to secure aircraft financing in Chinese yuan outside of China.
Airlines Secures Chinese Yuan-Denominated Aircraft Financing Outside Of China
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Turkish Airlines named Best Airline in Europe at Skytrax AwardsTURKISH Airlines, the airline that flies to more countries than any other, is named Best Airline in Europe by Skytrax on the prestigious 2024 World Airline Awards, also known as the Oscars of the aviation industry.
Read more »
Turkish airlines named most sustainable flag carrier airlineTurkish airlines, the national flag carrier of turkey, continued to set an example in the aviation sector with its pioneering sustainability initiatives. Once again, turkish airlines has been honored with the most sustainable flag carrier airline award by world finance.
Read more »
Negosyanteng Chinese at Chinese-American na nagpunta sa Pilipinas, dinukot at pinatayMga negosyanteng Chinese at Chinese-American ang dalawang bangkay na nakita sa bangin sa Sagnay, Camarines noong nakaraang Hunyo. Nagpunta sa Pilipinas ang dalawa para sa negosyo at mga Chinese din umano ang kausap.
Read more »
Amid tensions with China, US states purge Chinese companies from their investments | David A. LiebJEFFERSON CITY, Mo.—As state treasurer, Vivek Malek pushed Missouri’s main retirement system to pull its investments from Chinese companies, making Missouri among the first nationally to do so. Now Malek is touting the Chinese divestment as he seeks reelection in an Aug.
Read more »
FACT CHECK: No collision between US, Chinese carrier in South China SeaAlthough there have been recent sightings of a Chinese naval carrier strike group in Philippine waters, there are no reports of a collision with US or Philippine vessels
Read more »
Philippines should stand against China’s bullying, says former editor of Chinese propaganda paperDefining the News
Read more »