Airbus set to produce plane parts in Turkey
French aircraft maker Airbus will manufacture electronic and mechanical components in plant in Turkey via its subsidiary, according to some reports. REUTERS photoFrench aircraft manufacturer Airbus is planning to invest in a plant in Turkey where a subsidiary of it will manufacture various electronic and mechanical aircraft components, according to some reports.
The company has acquired a plot of land in the European Free Zone (EFZ) in the Thracian province of Tekirdag, the reports quoted the owner of the land as saying.
“Airbus has acquired an area of 10,000 square meters in EFZ,” said Kemal Şahin, the chairman of Şahinler Holding, the owner and operator of Turkey’s largest private industry park.
The company is expected to break the ground for the production facility in the coming months, Şahin added.
Airbus had received an order for 117 passenger planes from Turkish Airlines (THY) in April, which was the biggest deal ever clinched by a Turkish airline.
Airbus CEO Fabrice Bregier had voiced the air giant’s plans to double its spending in Turkey from last year’s $74 million “very soon,” while speaking at the signature ceremony of the deal.