Turkish Airlines Soars with Major Boeing Deal
Turkish Airlines has announced a significant order of 75 Boeing 787 aircraft and completed negotiations for 150 Boeing 737 MAX planes. The deal marks a strategic move to expand its global reach, along with a recent stake in Air Europa, aiming for a fleet of over 800 aircraft by 2033.
In a landmark decision, Turkish Airlines has committed to purchasing 75 Boeing 787 Dreamliners and has finalized negotiations for an additional 150 Boeing 737 MAX jets, pending engine talks. This announcement follows a meeting between Turkish President Erdogan and U.S. President Donald Trump.
The Turkish carrier aims to significantly enhance its international presence, recently acquiring a minority stake in Spain's Air Europa to outmaneuver rivals like Lufthansa and Air France-KLM. The airline's strategic plan outlines fleet expansion to over 800 aircraft by 2033.
Negotiations continue with engine manufacturers Rolls-Royce and GE Aerospace, alongside CFM International, for these acquisitions. Turkish Airlines shares saw a slight rise in Istanbul trading following the announcement, underscoring investor confidence in the airline's ambitious growth plans.
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