A major purchase of Airbus jetliners by Turkish Airlines has been called off, at least for the moment, according to German magazine Focus on Saturday.
Turkish Airlines wanted to buy up to 120 Airbus A320 jetliners, the magazine says, adding that the list price would be 10 billion euros ($13.04 billion).
Airbus Chief Operating Officer Guenter Butschek traveled to Ankara but the signing of the deal was called off at the last moment, the magazine says, writing that Turkish Airlines wanted to focus more on Turkish suppliers.
An Airbus spokesman declined to comment to Dow Jones, saying that "talks with all our clients are, in principle, confidential."
Source: http://www.foxbusiness.com
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