Turkish Airlines to buy 105 new aircraft

Posted on 14 February 2011

Date: 18/12/2008
Turkish Airlines to buy 105 new aircraft

Turkish Airlines has extended the deadline of a tender for 105 planes to Jan. 19 at the request of Boeing and Airbus, the airline said on Thursday.

Turkish Airlines (THY) announced the planned plane order on Oct. 14 and the tender was scheduled for completion on Dec. 17.

The order, worth over $6 billion at list price, reflects a bid by one of Europe’s fastest growing carriers to strengthen its position in the region.

“The plane purchase tender has been extended until Jan. 19, 2009 at the request of the manufacturing companies,” the THY statement said.

THY, partly owned by the Turkish state, invited Boeing Co and Airbus, a unit of EADS, to bid.

It had said it would place a firm order for 25 wide-body, long-haul planes and 50 narrow-body, medium-haul aircraft. It would also place options for 10 wide-body and 20 narrow-body aircraft.

The fleet expansion comes as the industry battles to cope with the global financial crisis and economic slowdown.

Hurriyet Daily News 18 December 2008

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