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BravoEchoNov
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Turkish Airlines to purchase up to 40 787-9 aircraft

Thu Sep 21, 2017 9:59 pm

Just breaking on Bloomberg

Turkish Airlines agreed to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited order that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year.

LINK - https://www.bloomberg.com/news/articles ... urkish-air
 
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ikolkyo
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:05 pm

May not be 747-8i’s but this is still a heck of a order.
 
SFOtoORD
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:07 pm

Wow. Congrats to Boeing. I assume this helped their confidence in doing the 787 production increase.
 
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787fan8
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:07 pm

Congrats to TK and Boeing on a great order.
Does anyone have a clue of what routes they will use these planes on?
Last edited by 787fan8 on Thu Sep 21, 2017 10:09 pm, edited 2 times in total.
 
B747forever
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:07 pm

Absolutely amazing order! Congrats to Boeing and TK. Happy to see that the order was won by Boeing.
 
jbs2886
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:08 pm

Interested in the breakdown of orders/options. Another earlier article indicated 10 orders with 30 options.
 
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FoxtrotSierra
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:09 pm

Meanwhile, at EK...
 
Tkfan
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:17 pm

Intriguing article. Is it signed or not??

When finalized, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. It came after years of market studies and negotiations for wide-body planes as the airline, officially known as Turk Hava Yollari AO, plotted its expansion.


So it is only a MoU?
 
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LAXintl
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:23 pm

Press release from Boeing

Boeing, Turkish Industry Establish Aerospace Initiative
http://boeing.mediaroom.com/2017-09-21- ... Initiative

Image

=
Last edited by LAXintl on Thu Sep 21, 2017 10:26 pm, edited 1 time in total.
 
MD80MKE
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:25 pm

Sounds like a LOI to me.
 
AirAY
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:28 pm

https://www.airliners.net/forum/viewtopic.php?f=3&t=1374197
This was also leaked earlier this month on "Turkish Aviation" thread.
Could this be finally true and my username after 11 years become a reality ?? :) (Fingers crossed)

From Turkish Fleet News' Facebook page few minutes ago:
"Turkish Airlines selected its new WB Fleet
TK has choices Boeing's Dreamliner for its new Longhaul Fleet. Around 10 Boeing 787-9 would be ordered."


As you can see dear KarelXWB, it looks like this rumor coming true!
 
Tkfan
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:29 pm

LAXintl wrote:

Image



Looks awesome.
Congrats TK787 :cheerful:
 
MaxTrimm
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:31 pm

Not confirmed. They are showing intent at signing the LOI.
 
AirAY
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:37 pm

https://de-de.facebook.com/trfleetnews/

2 Days ago, it was on this News of this guys. :checkmark:
 
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Stitch
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 10:42 pm

MaxTrimm wrote:
Not confirmed. They are showing intent at signing the LOI.


Standard practice as they probably are lining up the financing. Turkey's President is at the UN so they probably wanted to sign it while he was present. But you can be pretty confident it will be firmed once the financing is in place.
 
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MrHMSH
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 11:05 pm

Massive order, not a surprising one, but very good news for Boeing and the 787. Looks slick in TK's colours.
 
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ER757
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 11:18 pm

jbs2886 wrote:
Interested in the breakdown of orders/options. Another earlier article indicated 10 orders with 30 options.

That sounds reasonable - doubt it's 40 firm up front. I would be amazed if it was.
Nice order for Boeing either way - congrats to all parties involved.
You had to know some order announcements were in the pipeline when Boeing talked about a production rate increase. I'd expect more to come by year's end.
 
Tedd
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 11:30 pm

Got me wondering......Trent or GEnx? Their engine choice for the A330 is a mix.
Well done TK & Boeing.
 
smi0006
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Re: Turkish Orders 40 787 Dreamliners

Thu Sep 21, 2017 11:55 pm

Great order and allows TK to tidy up and standardise their fleet slightly.

Hope we finally after decades of talking see TK down under :)
 
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qf789
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:00 am

smi0006 wrote:
Great order and allows TK to tidy up and standardise their fleet slightly.

Hope we finally after decades of talking see TK down under :)


TK seems to be eyeing both SYD and MEL and flights are tipped to be via SIN

https://www.ausbt.com.au/with-boeing-78 ... -australia
 
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RL777
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:11 am

Nice order for Boeing, I think we all knew a major RFP was underway when Boeing upped production. I think this should cover a lot of TKs expansion plans.
 
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Channex757
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:14 am

The 789 is a good replacement for the A333 coming off lease. TK have a mix of them with all three engines, however the oldest are GE and RR. Going to a replacement with just one type would save them additional cash.
 
DTWorld
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:22 am

At last, the rumor came to fruition.

It looks lovely. Now if only they can send it my way to DTW when the time comes! :cloudnine:
 
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ElroyJetson
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:30 am

A great day for Boeing and America. Congratulations on a major order when the wide body market is so tight right now.
 
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LAXintl
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:31 am

To simply chalk this up to politics is naive. There is a lot more here than some political message.
Matter of fact if you want to compare, relations between the US-Turkey are hardly the warmest at the moment, with plenty of rather major thorny issues outstanding, while relations with European nations like France and UK are quite warm instead.

The fact is that THY has been looking at the 787/350 for a decade.I am even looking at the first set of comparative analysis performed internally way back in July 2007.

At the end of the day TK needs 100+ new widebody frames into the 2020s, and this is simply one part of what will be additional downline orders. I would not discount Airbus 350 family, nor Boeing 777X variants. Matter of fact, I would say it will be quite probable both end up in the fleet one day.

One thing you can bank on, however, is that TK is a very opportunistic purchaser, and one heck of a negotiator. Much of its fleet has been acquired during times of industry stress at significant discounts. Today the WB market is going soft, so its a terrific time to acquire them.
 
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mercure1
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:40 am

Can 789 make Istanbul - Sydney nonstop? (keep in mind new airport with long runways at sea-level)
 
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lightsaber
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:40 am

LAXintl wrote:
To simply chalk this up to politics is naive. There is a lot more here than some political message.
Matter of fact if you want to compare, relations between the US-Turkey are hardly the warmest at the moment, with plenty of rather major thorny issues outstanding, while relations with European nations like France and UK are quite warm instead.

The fact is that THY has been looking at the 787/350 for a decade.I am even looking at the first set of comparative analysis performed internally way back in July 2007.

At the end of the day TK needs 100+ new widebody frames into the 2020s, and this is simply one part of what will be additional downline orders. I would not discount Airbus 350 family, nor Boeing 777X variants. Matter of fact, I would say it will be quite probable both end up in the fleet one day.

One thing you can bank on, however, is that TK is a very opportunistic purchaser, and one heck of a negotiator. Much of its fleet has been acquired during times of industry stress at significant discounts. Today the WB market is going soft, so its a terrific time to acquire them.

I 100% agree now is the time to place long term orders. If the quantity of options is high, TK locks in, for a low cost, quite the opportunity


I also agree the 777X and A350 are likely to enter their fleet.

Lightsaber
 
NichCage
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:46 am

Turkish Airlines did cut a few destinations during the tough times they had before (like Rotterdam, Osaka, etc) but there doing a lot better now. At least it will allow them to launch longer routes that would push the limits or be completely impossible for the 77W.
 
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LAXintl
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 12:47 am

mercure1 wrote:
Can 789 make Istanbul - Sydney nonstop? (keep in mind new airport with long runways at sea-level)


IST-MEL is about 200nm shorter so it might be better option, but yes it can be done eastbound with a payload hit. Westbound return to IST is much more problematic due winds, and would require a large payload reduction.

As we've discussed in Turkish Aviation threads, TK has existing traffic rights via several South Asian nations if they opt to make a 1-stop service.
 
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aemoreira1981
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 1:26 am

Given how TK is built on expansion via twinjets...this is a great order. Where the A332s fly, the 789s will go. IINM, only one A330-300 is on lease (from Afriqiyah Airways), but most of the A332s are leased. Also, how would a 787-10 do for TK versus the 77W or a 242t A333 (i.e, on a route like IST-ATL, the longest A333 route around)?
 
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EK413
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 1:39 am

FoxtrotSierra wrote:
Meanwhile, at EK...


Mean while at EK they have on order 150 B778/9's...

https://www.emirates.com/us/english/abo ... oeing.aspx

I really don't understand the point in your post.

Congratulations TK & Boeing.

EK413
 
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TWA772LR
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 2:04 am

I have full faith this LOI will come through. I'm by no means a TK fan, but they aren't slouches and can actually use 40 789's. This isn't like Arik Air signing a MOU/LOI for 748's.

The 789 is perfect for TK's fleet and aspirations.
 
1g
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 2:20 am

Pleasantly surprised to see this front page on the forum.

Congrats to TK and Boeing.
 
coolian2
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 2:22 am

And the A.net hand-wringing over the future of Turkey goes quiet lol.

Good order, good to see TK pushing ahead.
 
Planeflyer
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 3:15 am

I'm sure politics would have played a role if this were a jump ball but it was not. Who does not believe the 787 will capture 70-80% of the small wide body market. 787 vs 330 = 330 vs 767.
 
behramjee
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 4:06 am

So finally we have officially TK's choice of replacement aircraft for both its A332 and A333 fleet down the road.

This is a very smart decision made by TK as:

1. The B789 would likely seat 291 pax in a dual class layout i.e. 30J + 261Y thus enabling it to be used to replace both its 250 seater A332s and 289 seater A333s between 2023-2030.

2. The B789 can operate all of TK's current long haul routes nonstop without any payload issues

3. It is cheaper to purchase versus the A359

4. By placing an initial order for 40 units, it has smartly locked in favorable pricing conditions as this aircraft will appreciate in value over time hence once it gets delivered, TK can engage in a sale-leaseback transaction which would have a decent cash profit margin for the carrier.

5. Hopefully this would mean that their future WB fleet would revolve around 2 types only i.e. B777 and B787 rather than 3 i.e. with the A359 included as there is now no real need to order the A359 for them. Fleet standardization is a must which will enable them to save big time in cost savings over the long run.

6. I am quite sure TK would have options for the larger B781 incorporated into this order in case they feel the need to upgrade for some high demand medium range flights. The B781 would likely seat 329 pax i.e. 30J + 299Y in a 2 class layout for TK (if ordered) so about 38 more seats than the B789 overall approximately.

For sure this has gained the Turkish Govt major brownie points with the Trump Administration for which they will be suitably rewarded through other means!
 
nitepilot79
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 4:24 am

Abo, iste bu guzel. Congratulations TK, congratulations Boeing :champagne:
 
JAAlbert
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 5:00 am

Wow! The 787 is having a moment!

Will this order be a mix of firm orders and options or will the 40 all be firm orders?
 
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Momo1435
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 5:00 am

I would have been very surprised if they would not ordered the 787, I would also be surprised if there won't be an A350 order down the road in a couple of years.

It was one of the last large airlines that didn't have any orders for the next gen wide-bodies. Hopefully they will firm it up soon, then we know how many will be firm and how many options they will get. Since they always ordered both Airbus and Boeing planes and with their growth ambitions we can only expect more, it's not likely that it will only be Boeing 787s.
 
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CARST
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 5:50 am

mercure1 wrote:
Can 789 make Istanbul - Sydney nonstop? (keep in mind new airport with long runways at sea-level)


I would say no, not with a viable payload.

Image
Copyright http://www.gcmap.com

IST-MEL is 6-10 minutes longer than the world longest route DOH-AKL, this "could" work (always, only as long oil is cheap). But IST-SYD is 30 minutes longer than DOH-AKL. That is a real stretch.

DOH AKL 9,032mi 16:40h
IST MEL 9,084mi 16:46h
IST SYD 9,294mi 17:09h
All times at Mach 0.82.

From a customer perspective, I would really like them starting Australia, as it would mean more competition and lower prices. But from a economical perspective, I don't see that working. What doesn't mean that in Erdogan-land, this project will be started anyway, as long as it pleases his ego. We will see...
 
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LAX772LR
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 5:53 am

Well, awe know one of the reasons why Boeing ratcheted up the 787 production rate.... I wonder how many of these there are out there?
 
parapente
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 6:26 am

This must have been one hell of a hard fought battle with Airbus A359.I am sure they have extracted a good deal for what is a very good aircraft.As the article implies the new flexible 300 seaters that can do ULR to medium haul efficiently are very persuasive aircraft.Far less risk (and costs)involved with these type of a/c.
As above the production ramp suggests even more in the future.
 
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ankaraflyjet
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 6:36 am

787-9 is the ideal aircraft for YVR IST, congrats THY, well done....
 
Tkfan
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 7:08 am

What doesn't mean that in Erdogan-land, this project will be started anyway, as long as it pleases his ego. We will see...


'Bad News for Airbus...but I guess it is the revenge of Mr. Erdogan to score off the European Union and especially the Germans.


Honi soit qui mal y pense

Why is everybody linking this to politics?? Airbus order is also on its way.


Read:
LAXintl wrote:
To simply chalk this up to politics is naive. There is a lot more here than some political message.
Matter of fact if you want to compare, relations between the US-Turkey are hardly the warmest at the moment, with plenty of rather major thorny issues outstanding, while relations with European nations like France and UK are quite warm instead.

The fact is that THY has been looking at the 787/350 for a decade.I am even looking at the first set of comparative analysis performed internally way back in July 2007.

At the end of the day TK needs 100+ new widebody frames into the 2020s, and this is simply one part of what will be additional downline orders. I would not discount Airbus 350 family, nor Boeing 777X variants. Matter of fact, I would say it will be quite probable both end up in the fleet one day.

One thing you can bank on, however, is that TK is a very opportunistic purchaser, and one heck of a negotiator. Much of its fleet has been acquired during times of industry stress at significant discounts. Today the WB market is going soft, so its a terrific time to acquire them.
 
JoKeR
Posts: 1854
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 7:30 am

Tkfan wrote:
What doesn't mean that in Erdogan-land, this project will be started anyway, as long as it pleases his ego. We will see...


'Bad News for Airbus...but I guess it is the revenge of Mr. Erdogan to score off the European Union and especially the Germans.


Honi soit qui mal y pense

Why is everybody linking this to politics?? Airbus order is also on its way.


Read:
LAXintl wrote:
To simply chalk this up to politics is naive. There is a lot more here than some political message.
Matter of fact if you want to compare, relations between the US-Turkey are hardly the warmest at the moment, with plenty of rather major thorny issues outstanding, while relations with European nations like France and UK are quite warm instead.

The fact is that THY has been looking at the 787/350 for a decade.I am even looking at the first set of comparative analysis performed internally way back in July 2007.

At the end of the day TK needs 100+ new widebody frames into the 2020s, and this is simply one part of what will be additional downline orders. I would not discount Airbus 350 family, nor Boeing 777X variants. Matter of fact, I would say it will be quite probable both end up in the fleet one day.

One thing you can bank on, however, is that TK is a very opportunistic purchaser, and one heck of a negotiator. Much of its fleet has been acquired during times of industry stress at significant discounts. Today the WB market is going soft, so its a terrific time to acquire them.


Precisely! They ordered a very good aircraft, and will follow-up with a massive order for another very good aircraft :D
 
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frigatebird
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Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 7:36 am

Momo1435 wrote:
I would have been very surprised if they would not ordered the 787, I would also be surprised if there won't be an A350 order down the road in a couple of years.

It was one of the last large airlines that didn't have any orders for the next gen wide-bodies. Hopefully they will firm it up soon, then we know how many will be firm and how many options they will get. Since they always ordered both Airbus and Boeing planes and with their growth ambitions we can only expect more, it's not likely that it will only be Boeing 787s.

Agreed. While I'm sure the 787-9 will suit TK's needs very well, TK will also follow many other airlines with both 787 and A350 in their fleets.

Not totally sure about the 777X though. The 777-8 could make flying non-stop to Australia or NZ with a viable payload possible, but is the market large enough to warrant investing in such a subfleet? TK's 77W are still young, if they need larger capacity TK can always go 10 abreast in Y. If they don't need larger capacity, the A35K would be perfect.
behramjee wrote:
6. I am quite sure TK would have options for the larger B781 incorporated into this order in case they feel the need to upgrade for some high demand medium range flights. The B781 would likely seat 329 pax i.e. 30J + 299Y in a 2 class layout for TK (if ordered) so about 38 more seats than the B789 overall approximately.

Well, TK seems to use widebody aircraft to European destinations regularly, so I'm sure TK will have conversion rights to the 787-10.
 
pabloeing
Posts: 663
Joined: Wed Dec 10, 2014 3:00 pm

Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 7:43 am

Amazing order......and maybe the B781 have options in TK fleet
 
Eyad89
Posts: 665
Joined: Fri Sep 02, 2016 10:47 pm

Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 8:10 am

This is the second potential A330neo customer that went for 787 this week. Folks at Airbus may not be happy. I do believe another A350 order will follow though.
 
stylo777
Posts: 3045
Joined: Mon Feb 13, 2006 7:32 pm

Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 8:41 am

Finally, this order has been placed. Congrats to TK and Boeing.

With over 160 aircraft in fleet and one of the biggest A330 fleet of the world, I don't necessarily see this as a big loss for Airbus. It's a missed opportunity; however, TK will surely continue to keep the balance between A and B also in future!
 
ahmetdouas
Posts: 311
Joined: Wed Nov 11, 2015 2:23 pm

Re: Turkish Orders 40 787 Dreamliners

Fri Sep 22, 2017 8:58 am

787fan8 wrote:
Congrats to TK and Boeing on a great order.
Does anyone have a clue of what routes they will use these planes on?

Everywhere probably, even domestic ops = )
Turkish Airlines is known to use their fleet pretty much anywhere depending on the situation. You have 77W's on IST-ADB and IST-ESB, barely a 40 minute flight!

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