Turkish Airlines signs deal with Dubai Islamic Bank for Airbus A350 acquisitions - Get updated on what's happening in tourism!

tourexpi-logo

International
Turkish Airlines signs deal with Dubai Islamic Bank for Airbus A350 acquisitions
Turkish Airlines has signed a landmark financing agreement with Dubai Islamic Bank (DIB) to fund the purchase of Airbus A350 aircraft, marking a significant step in its financial and strategic growth.
Turkish Airlines signs deal with Dubai Islamic Bank for Airbus A350 acquisitions

At a signing ceremony held at Turkish Airlines’ headquarters in Istanbul, Chairman Ahmet Bolat emphasized the innovative nature of the deal.

“This transaction reflects our dedication to financial innovation and to strengthening our fleet,” he said. “It also marks a new chapter in our collaboration with leading institutions in the UAE and the wider Gulf region. We’re proud to have concluded this groundbreaking financing together with DIB and look forward to expanding our partnership in the years ahead.”

Adnan Chilwan, Group CEO of Dubai Islamic Bank, commented:

“At a time when global markets are reevaluating the foundations of sustainable finance, this agreement clearly demonstrates that Islamic finance has evolved beyond a niche offering. It is a robust, globally relevant financial model for the future.”

Chilwan noted that Turkish Airlines’ decision to adopt Shariah-compliant financing for the first time—and to partner with DIB—underscores both the strength of Islamic financial principles and the airline’s trust in DIB’s expertise.

“We place great value on this collaboration, which not only supports Turkish Airlines’ long-term growth strategy but also deepens the economic ties between the UAE and Türkiye,” he added. “This relationship is built on mutual respect, shared vision, and lasting cooperation.”

Islamic lease financing in Swiss francs

As part of its broader effort to diversify funding sources, Turkish Airlines has completed an Islamic lease financing transaction denominated in Swiss francs with Dubai Islamic Bank. This marks the inclusion of a globally established financing method into the airline’s funding portfolio.

The deal, which took nearly a year to finalize, represents a significant financial innovation for Turkish Airlines and highlights the growing relevance of Islamic finance in international aviation.

Image Credit: © AA


adress icon

Address

Redaktionsbüro
Mainzer Str. 36
55411 Bingen am Rhein


tourexpi home

Our Headquarter

 


pgone-icon

Telephone & Email

T. +49 1525 937 14 25
E. info@tourexpi.com


Copyright 2020 Tourexpi.com - Alle Rechte Vorbehalten
Our website can be used on all desktop Computers and mobile devices
Tourexpi, turizm haberleri, Reisebüros, tourism news, noticias de turismo, Tourismus Nachrichten, новости туризма, travel tourism news, international tourism news, Urlaub, urlaub in der türkei, день отдыха, holidays in Turkey, Отдых в Турции, global tourism news, dünya turizm, dünya turizm haberleri, Seyahat Acentası,