Turkish Airlines Agrees To More Boeing 737 MAX and 787s

Daniel Fowkes
25 Oct 2023
· Airlines 
A Turkish Airlines Boeing 787 Dreamliner

Turkish Airlines has finalised a deal with leading aircraft lessor AerCap for new Boeing-produced aircraft.

Breaking Down The Lease Agreement

As part of the latest lease commitment, Turkish Airlines has secured three Boeing 787-9 Dreamliners for long-haul flying.

While on the side of narrowbodies, the airline has committed to a further 25 737-8 jets, part of the popular MAX series.

AerCap confirmed that delivery for these aircraft would occur over a multi-year period, commencing in 2024 and concluding two years later in 2026.

Big Goals At Turkish Airlines

Turkish Airlines remains one of the more ambitious carriers in the global aviation industry.

The major airline has recently outlined plans to expand significantly with more crew, aircraft, and a broader network.

This network includes a solid ambition to leverage the geographical positioning of Turkey to their advantage and fly as far as Australia.

The company needs more aircraft to achieve such a rapid network expansion, and securing this leasing deal will be hugely important.

Comments From Executives

AerCap is very pleased to announce this significant transaction with our long-term partner, Turkish Airlines. These aircraft will help Turkish Airlines continue to grow their already extensive route network, while improving the operational efficiency of their fleet. I would like to thank Dr. Ahmet Bolat and Mr. Levent Konukcu and the Turkish Airlines management team for the confidence they have placed in AerCap.  We look forward to continuing to build on our strong partnership as these aircraft deliver.

Aengus Kelly, the Chief Executive Officer of AerCap.

We have a unique route network boasting the world’s widest network in terms of the number of countries reached. We fly to more international destinations than any other airline, and in order to strengthen this position, we are always focused on extending our fleet. At this point, we would like to thank our business partner, AerCap, and we are happy to reinforce our fruitful collaboration with them through these leasing projects.

Levent Konukcu, Turkish Airlines Chief Investment & Technology Officer.

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