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Boeing lands $11-billion 787 deal from resurgent Turkish Airlines

Boeing has landed 82 firm orders for the 787 so far this year

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Boeing’s carbon-composite Dreamliners will help upgrade Turkish’s fleet of long-range aircraft. Photo: Reuters

Julie Johnsson & Alexandra Stratton | Bloomberg
Turkish Airlines said it intends to purchase 40 of Boeing’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year.

When finalised, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. The pact, unveiled during a brief signing ceremony in New York on Thursday, came after years of market studies and negotiations for wide-body planes as the airline plotted its expansion.

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