Turkish Airlines has finalized a $14 billion deal to acquire 225 Boeing 737 MAX and 150 787-9/10 models, following recent discussions between Turkey's President Erdogan and U.S. President Donald Trump. The agreement includes negotiations to finalize the purchase of 75 Boeing 787-9 and 75 Boeing 787-10 wide-body planes, subject to engine negotiations and a long-awaited deal after leaders met in Washington. Turkey aims to boost its global reach by expanding its fleet to 800 aircraft by 2033, with plans to purchase 600 more planes by 2025. The carrier also plans to buy 150 narrow-body 737 MAX models from U.S.-based Boeing, contingent on successful engine negotiations. In a separate development, Turkish Airlines has acquired a minority stake in Spain’s Air Europa, outlasting its European rivals Lufthansa and Air France-KLM. The deal involves ordering 75 B787-9 and 75 B787-10 planes, which will be delivered between 2029 and 2034. Negotiations continue with Rolls-Royce and GE Aerospace regarding engine components and spare parts. According to the company’s latest strategic plan, Turkish Airlines aims to increase its fleet by 6% annually by 2035, with a target of over 800 aircraft by 2033. The carrier also announced an order for 355 Airbus A350 models in December 2023, marking a significant step toward global expansion.
