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SNC Forms New Turkish Subsidiary, TRJet, to Produce Country's First Regional Jet

Image Sierra Nevada Corporation (SNC), a United States-based aerospace and aviation systems company, announces the formation of its newest wholly-owned subsidiary, TRJet Havacilik Teknolojileri Anonim Şirketi (TRJet). The announcement at the Paris Air Show follows SNC's May 27, 2015 signing of a Memorandum of Understanding involving the Savunma Teknolojileri Mühendislik ve Ticaret A.S. (STM) in support of the Turkish Ministry of Transport, Maritime Affairs & Communications to produce the country's first regional jet as part of its Regional Aircraft Project.
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Turkish Airlines Confirms New Flights to Atlanta

Image Turkish Airlines as early as next May could be whisking Atlantans to Istanbul and beyond on a daily nonstop flight that has long been anticipated but was previously considered years away. In its news section, the airline’s website today posted a new schedule for the flight, which says it would start May 16, 2016, and run through Oct. 28. Turkish Airlines couldn't be reached immediately for comment.
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Sierra Nevada Corporation to Collaborate on Regional Aircraft Production in Turkey

Image 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.
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Chobani CEO Hamdi Ulukaya Pledges to Donate Most of Wealth

Image 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.
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