Boeing Lands $11 Billion 787 Deal From Resurgent Turkish Air
- Pact buoys Dreamliner even as sales taper for larger planes
- Carrier had studied Airbus A380, A350 jets for expansion foray
A Boeing 787-9 Dreamliner aircraft.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Turkish Airlines said it intends to purchase 40 of Boeing Co.’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 finalized, 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 late Thursday, came after years of market studies and negotiations for wide-body planes as the airline plotted its expansion.