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Turkish Airlines Introduces Aircraft with Yuan-Denominated Financing
Turkish Airlines has introduced Airbus A350-900 aircraft through yuan-denominated aircraft financing.
The three aircraft received between May and July were funded through AVIC International Leasing and CCB Financial Leasing in China.
This makes Turkish Airlines the first airline to secure aircraft financing in yuan outside of China, supporting its currency hedging strategy with five different currencies while minimizing costs.
The translation may not be accurate.