328 Support Services GmbH, the Type Certificate holder for the D328, is pleased to announce that its parent company, Sierra Nevada Corporation, has signed a  Memorandum of Understanding (MoU) with the Turkish Ministry of Transport, Maritime Affairs & Communications to meet the need of producing the country’s first regional jet as part of its Regional Aircraft Project (“Project”).  The first aircraft is expected to be delivered in 2018.

NEW YORK - Chobani founder and CEO Hamdi Ulukaya says he will join some of the world's richest individuals in pledging to give away at least half his wealth, which has been estimated at $1.41 billion. The Turkish-born yogurt entrepreneur is making the commitment as part of The Giving Pledge, which was created by Berkshire Hathaway CEO Warren Buffett and Microsoft founder Bill Gates. The effort asks billionaires to commit to giving away more than half their wealth during their lifetimes or in their wills. The group notes the pledge is a "moral commitment," rather than a legal contract. It says that by asking people to make public pledges, it hopes to generate conversations about philanthropy.

SPARKS, Nev. – Sierra Nevada Corporation’s (SNC) Chief Executive Officer Fatih Ozmen, announces that the company recently signed a Memorandum of Understanding involving the Turkish Ministry of Transport, Maritime Affairs & Communications to meet the need of producing the country’s fırst regional jet as part of its Regional Aircraft Project (“Project”). The foundation of the Project is a modernized version of the D328 aircraft, of which all intellectual property rights have been acquired, which will be the first domestically-built passenger aircraft in Turkey. The design of a new high-tech product, the 628 aircraft series, will start simultaneously with production of the 328 series. While the Project establishes a world-class aerospace industry infrastructure in Turkey it also serves the global aviation market.  

Mehmet Bayraktar, the developer behind the planned mixed-use development on Miami’s Watson Island, obtained financing for his $1 billion project. Bayraktar received a $22.67 million mortgage from Demir-Halk Bank, based in the Netherlands, on May 11, according to Miami-Dade County records. Island Gardens, designed by Nichols Brosch Wurst Wolfe & Associates, would include two luxury hotels, a residential building, retail and restaurants.