URGENT ¥¥¥ Turkish Airlines announces purchase of 117 Airbus jets

Turkey's national carrier Turkish Airlines said on Friday it would buy 117 planes from the European aircraft manufacturer Airbus, with deliveries scheduled between 2015 and 2020.

"The airline's board of directors announced 117 air planes will be joined to the existing fleet," THY said in a statement that unveiled a deal estimated to be worth $9.3 billion at catalogue prices.