Boeing Seals Billion Dollar Deal With Turkish Airline
International Business Times
Published Feb 19, 2014 09:03AM ET
Updated Feb 19, 2014 09:25AM ET
By Christopher Harress - Turkish low-fares sirline Sun Express finalized a $3.8 billion deal with The Boeing Company (NYSE:BA) on Wednesday for 15 737 MAX and 25 Next-Generation 737s, with the option for 10 more.
The deal represents the biggest in the Antalya-based carrier’s 25-year history since it was established as a subsidiary of Turkish Airlines and Lufthansa.
"As an all-Boeing operator, SunExpress has built its quarter-century of success on the Next-Generation 737," said Todd Nelp, vice president of European Sales, Boeing Commercial Airplanes. "Today's record-order for additional Next-Generation 737s is testament to the value of these airplanes bring to SunExpress' fleet, while the purchase of the 737 MAX lays the foundation for the carrier's ambitious growth in the years ahead."
SunExpress has long been at the forefront of Boeing technology. The Paul Scwaiger-led airline began flying with 737-300 in the early 90s and 10-years later was operating the 737-800s. The new orders will see the airline expand considerably to far more that its current 62 aircraft, which flies to over 90 destinations and has just under 1000 employees.
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Written By: International Business Times
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