Turkish Airlines said on Friday it intends to order 40 787-9 “Dreamliners” from Boeing.
The deal would worth a whopping $11 billion at list prices, though commercial carriers typically negotiate significant discounts on such orders.
Still, the deal – which will be finalized at a later date, according to the parties – would be a lucrative order for the U.S. jetmaker.
It also follows on the heels of a smaller Dreamliner order from Japan Airlines, which announced earlier this week that it would buy four 787-8 variants of the jet. That deal would be worth about $900 million at list prices, according to The Post and Courier of Charleston, S.C.
As for the Turkish order, Bloomberg News notes “Boeing’s carbon-composite Dreamliners will help upgrade Turkish’s fleet of long-range aircraft as it competes with other Middle Eastern airlines amid slowing growth in the region.”
TODAY IN THE SKY: Photo tour: Behind the scenes at the Boeing factory (story continues below)
Bloomberg adds the fleet upgrade also would come as Turkish President Recep Tayyip Erdogan pursues “a goal of making Istanbul one of the world’s premier air travel hubs.”
A new airport is being built at Turkish Airlines’ main base in Istanbul. Turkish is expected to shift its operations there after it’s completed in late 2018.
“It’s very exciting for them and it’ll open so many new gateways,” Marty Bentrott, Boeing vice president of sales for the Middle East, Russia and Central Asia, said to Bloomberg. “These airplanes are part of that growth plan.”
But the Boeing order may just be the first blockbuster order from Turkish, according to a report from Reuters.
The news agency says the carrier “has begun talks with Airbus to buy up to 40 A350 jetliners worth $12.4 billion at list prices,” noting that the report came only “hours after outlining a similar deal with rival planemaker Boeing.” Reuters cited unnamed sources “familiar with the airline.”
TODAY IN THE SKY: Behind the scenes at Boeing’s 787 factory in South Carolina
TODAY IN THE SKY: Turkish Airlines opens swanky frequent-flier lounge at Dulles airport
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