"Our board of directors has decided to buy 20 planes in 2016, 20 in 2018, 15 in 2019, 30 in 2020 and 10 in 2021 from Boeing to meet the need for narrow-body planes," a THY statement said, adding that 70 of the orders were firm ones, and 25 were options.
ISTANBUL — The Turkish national carrier Turkish Airlines (THY) said on Tuesday that it would buy 95 more planes from Boeing (IW 500/16) as the airline pursues a shopping spree launched in December.
"Our board of directors has decided to buy 20 planes in 2016, 20 in 2018, 15 in 2019, 30 in 2020 and 10 in 2021 from Boeing to meet the need for narrow-body planes," a THY statement said, adding that 70 of the orders were firm ones, and 25 were options.
A breakdown of the aircraft on order showed that 20 were B737-800, 65 were B737-8 MAX and 10 were B737-9 MAX.
Financial details were not provided, but a Boeing official said that the firm order for 75 planes would cost $6.9 billion at catalogue prices, while the options added $2.5 billion to the bill.
Discounts are common for aircraft orders however, especially when large numbers are involved.
"At the moment it is a commitment order," the official said on condition of anonymity. "We look to finalize the deal in the coming weeks," he said.
