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Boeing and Turkish Airlines Finalize Deal for Five 777-300ERs

Written by thomas · Filed Under Commercial 

May 7, 2009

thomas

ISTANBUL, May 6 /PRNewswire-FirstCall/ — The Boeing Company (NYSE: BA) and Turkish Airlines have signed an order for five Boeing 777-300ER (Extended Range) airplanes valued at $1.36 billion at current list prices. This is the first time Turkish Airlines has purchased new 777s directly from Boeing. The airline currently operates a fleet of 65 Boeing airplanes including Next-Generation 737s and leased 777-300ERs.

“The 777-300ER will provide Turkish Airlines with exceptional fuel economy, efficiency and reliability, combined with unmatched levels of payload and range,” said Aldo Basile, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. “It will also help Turkey build on its position as a rapidly growing market of international importance.”

The Boeing 777-300ER is 19 percent lighter than its closest competitor, greatly reducing its fuel requirement. It produces 22 percent less carbon dioxide per seat and costs 20 percent less to operate per seat. The airplane can seat up to 365 passengers in a three-class configuration and has a maximum range of 7,930 nautical miles (14,685 km). The 777 family is the world’s most successful twin-engine, twin-aisle airplane. Fifty-six customers around the world have ordered more than 1,100 777s.

Turkish Airlines is one of the fastest growing and prosperous airlines in the world. It carries approximately 20 million passengers a year, with direct flights to 108 international and 33 domestic destinations. The airline was founded in 1933 with a fleet of five airplanes that carried a total of 28 passengers. The airline made its first domestic flight in 1933 and the first international flight in 1947.

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