Boeing(US:BA) TechXploreยท2025-09-26 14:10Core Insights - Turkish Airlines has finalized a deal with Boeing for up to 225 aircraft, including 150 confirmed orders and options for 75 more, to be delivered between 2029 and 2034 [3][4] - The deal follows a significant meeting between Turkish President Erdogan and US President Trump, which has raised expectations for the lifting of US sanctions on Turkey [3][9] - Turkish Airlines aims to transition its fleet to next-generation aircraft by 2035, supporting an average annual growth rate of 6% [5] Company Developments - The confirmed orders include 50 Boeing 787 Dreamliners with an option for 25 more, and 100 Boeing 737 MAX jets with an option for 50 more [5] - Turkish Airlines is also negotiating with Rolls-Royce and GE Aerospace for engines and maintenance services for the Dreamliners [5] - This Boeing deal follows a previous announcement by Turkish Airlines in December 2023 regarding a 355-plane order from Airbus [6] Industry Context - The deal comes amid ongoing geopolitical tensions, particularly regarding Turkey's purchase of the Russian S-400 missile defense system, which led to US sanctions [4][8] - Turkey is a significant trading partner for Russia, with $52 billion in exchanges last year, primarily in fossil fuels and electronics [10] - The US has been pressuring Turkey to cease its oil purchases from Russia as part of broader sanctions against Moscow [9][10]