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Turkish Airlines Plans Purchase of Up to 225 Boeing Jets, Including 50 Firm 787s

Proceeding with 737 MAX orders depends on concluding talks with engine supplier CFM.

FILE - Turkish Airlines aircraft are seen at Istanbul Airport in Istanbul, near the Black Sea shores, Friday, Oct. 3, 2019. (AP Photo/Emrah Gurel, File)
Turkish Airlines planes sit at Istanbul New Airport, Turkey May 27, 2019. REUTERS/Amr Abdallah Dalsh/File Photo
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Overview

  • Turkish Airlines disclosed to the Istanbul Stock Exchange a plan covering 75 Boeing 787-9/10s, with 50 firm orders and 25 options for delivery between 2029 and 2034.
  • The carrier said it finalized terms with Boeing for 150 737-8/10 MAX jets, structured as 100 firm and 50 options, contingent on a successful engine agreement with CFM International.
  • Talks are underway with Rolls-Royce and GE Aerospace for engines, spare parts and maintenance services tied to the new aircraft.
  • The announcement followed President Recep Tayyip Erdogan’s meeting with U.S. President Donald Trump in Washington, where Trump signaled the U.S. may soon lift its hold on advanced fighter jet sales to Turkey.
  • Turkish Airlines describes the acquisition as part of a fleet renewal and growth strategy for one of the world’s largest flight networks.