Boeing secured orders for up to 75 787 Dreamliners and up to 150 737 MAX aircraft from Turkish Airlines.
View more
Boeing BA -0.59%decrease; red down pointing triangle secured sizable aircraft orders from Turkish Airlines and Norwegian Air Shuttle, a boost for the jet maker as it seeks to revamp its business.
The group said Turkish Airlines, formally known as Turk Hava Yollari, placed an order for up to 75 787 Dreamliners, its largest ever purchase of Boeing wide-body aircraft. The announcement comes after President Trump met Turkey’s Recep Tayyip Erdogan in Washington.
The deal includes 35 787-9 models, 15 of the larger 787-10 model and options for 25 787 Dreamliners. Boeing said Turkish Airlines also planned to buy up to 150 737 MAX aircraft in what would be its largest Boeing single-aisle order.
Meanwhile, Norwegian placed an order for 30 737-8 aircraft as it seeks to expand its services across Europe. In 2022, the low-cost carrier agreed to purchase 50 737s and has now exercised the option to order additional aircraft.
The companies didn’t disclose financial terms, but buyers typically receive steep discounts for big aircraft orders.
Boeing is seeking to regain its footing since the Alaska Airlines door plug blowout last year that raised pressure from airlines and regulators to ensure safety and quality in its production processes.
Excerpt from WSJ
Read the full article