The China Mail - Turkish Airlines inks big Boeing deal after Erdogan visits US

USD -
AED 3.672498
AFN 63.999985
ALL 82.659231
AMD 377.229775
ANG 1.790083
AOA 916.99991
ARS 1387.053699
AUD 1.440103
AWG 1.80125
AZN 1.701218
BAM 1.685671
BBD 2.013678
BDT 122.977207
BGN 1.709309
BHD 0.377574
BIF 2970.646923
BMD 1
BND 1.28264
BOB 6.908351
BRL 5.152402
BSD 0.999815
BTN 92.79256
BWP 13.597831
BYN 2.973319
BYR 19600
BZD 2.010774
CAD 1.388995
CDF 2285.000168
CHF 0.793125
CLF 0.023301
CLP 920.105187
CNY 6.88655
CNH 6.87481
COP 3691.62
CRC 464.839659
CUC 1
CUP 26.5
CVE 95.035143
CZK 21.106012
DJF 178.039804
DKK 6.431875
DOP 60.153163
DZD 132.640887
EGP 53.664798
ERN 15
ETB 156.112361
EUR 0.86079
FJD 2.257401
FKP 0.758501
GBP 0.750315
GEL 2.690039
GGP 0.758501
GHS 10.998199
GIP 0.758501
GMD 74.000198
GNF 8767.90016
GTQ 7.648319
GYD 209.250209
HKD 7.837345
HNL 26.559099
HRK 6.482601
HTG 131.237691
HUF 329.353497
IDR 16901
ILS 3.13645
IMP 0.758501
INR 93.22495
IQD 1309.682341
IRR 1315874.999864
ISK 124.13027
JEP 0.758501
JMD 158.120413
JOD 0.708982
JPY 158.483497
KES 130.095212
KGS 87.450324
KHR 4000.224102
KMF 428.497333
KPW 899.943346
KRW 1509.580251
KWD 0.30933
KYD 0.833229
KZT 475.292069
LAK 22034.321965
LBP 89532.404175
LKR 315.172096
LRD 183.46212
LSL 16.791309
LTL 2.95274
LVL 0.60489
LYD 6.377046
MAD 9.33924
MDL 17.611846
MGA 4230.341582
MKD 53.066601
MMK 2100.405998
MNT 3572.722217
MOP 8.072575
MRU 39.88606
MUR 46.789534
MVR 15.470118
MWK 1733.674081
MXN 17.823085
MYR 4.026999
MZN 63.950035
NAD 16.792032
NGN 1381.320063
NIO 36.794904
NOK 9.685435
NPR 148.468563
NZD 1.733505
OMR 0.384494
PAB 0.999836
PEN 3.478666
PGK 4.323975
PHP 60.189936
PKR 278.954626
PLN 3.684325
PYG 6493.344193
QAR 3.645288
RON 4.386597
RSD 101.031989
RUB 80.450357
RWF 1463.214918
SAR 3.753694
SBD 8.042037
SCR 13.854038
SDG 600.999989
SEK 9.376755
SGD 1.28184
SHP 0.750259
SLE 24.550261
SLL 20969.510825
SOS 571.374393
SRD 37.364014
STD 20697.981008
STN 21.117322
SVC 8.748077
SYP 110.747305
SZL 16.786116
THB 32.493036
TJS 9.560589
TMT 3.51
TND 2.934847
TOP 2.40776
TRY 44.483897
TTD 6.785987
TWD 31.968987
TZS 2590.000133
UAH 43.749677
UGX 3724.309718
UYU 40.637618
UZS 12144.744043
VES 473.27785
VND 26335
VUV 120.24399
WST 2.777713
XAF 565.390002
XAG 0.01323
XAU 0.00021
XCD 2.70255
XCG 1.801759
XDR 0.710952
XOF 565.351019
XPF 102.791293
YER 238.649905
ZAR 16.768951
ZMK 9001.20415
ZMW 19.270981
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    0.4000

    15.45

    +2.59%

  • CMSD

    0.1200

    22.22

    +0.54%

  • CMSC

    0.1500

    22.05

    +0.68%

  • RIO

    1.4900

    94.78

    +1.57%

  • NGG

    2.1200

    86.72

    +2.44%

  • BTI

    -0.7200

    57.75

    -1.25%

  • BCE

    0.1550

    25.395

    +0.61%

  • GSK

    0.9900

    56.18

    +1.76%

  • VOD

    0.1000

    15.12

    +0.66%

  • RELX

    0.3000

    33.45

    +0.9%

  • BCC

    -0.2500

    75.6

    -0.33%

  • JRI

    0.1300

    12.43

    +1.05%

  • AZN

    2.7050

    199.925

    +1.35%

  • BP

    -1.1250

    45.875

    -2.45%

Turkish Airlines inks big Boeing deal after Erdogan visits US
Turkish Airlines inks big Boeing deal after Erdogan visits US / Photo: © AFP

Turkish Airlines inks big Boeing deal after Erdogan visits US

Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after President Recep Tayyip Erdogan made his first White House visit since 2019.

Text size:

The more than two-hour meeting between Erdogan and President Donald Trump raised Ankara's hopes of seeing Washington lift sanctions that since 2020 have blocked it from buying American F-35 fighter jets.

The measures were imposed in retaliation for Turkey's purchase of the Russian S-400 missile defense system.

Speaking to Turkish reporters on his flight home from Washington, Erdogan described a "sincere, constructive and productive atmosphere" during the talks.

But he conceded that "resolving all problems in a single meeting is, of course, impossible".

The Turkish Airlines deal includes 150 confirmed Boeing aircraft to be delivered between 2029 and 2034, with an option for 75 more, the company said in a statement, without giving a figure of the cost.

"With these orders, we aim to transition our entire fleet to next-generation aircraft by 2035, boosting efficiency and supporting an average annual growth rate of six percent," the airline said.

The airline made a firm order for 50 Boeing 787 Dreamliners, with an option for 25 more.

It also placed an order for 100 Boeing 737 MAX jets, with an option for 50 more.

The airline is also in talks with engine makers Rolls-Royce and GE Aerospace for engines, spare parts, and maintenance services for the Dreamliners.

The Boeing deal follows Turkish Airlines' December 2023 announcement of a 355-plane order from European rival Airbus.

- 'Stop buying Russian oil' -

Reports of a Boeing deal had circulated in Turkish media earlier this week, ahead of Erdogan's meeting with Trump.

It was Erdogan's first official reception at the White House since Trump's first term in 2019. He had been largely sidelined during President Joe Biden's 2020-2024 term.

Washington kicked Turkey out of an F-35 fighter jet programme in 2019 over the NATO member's purchase of the Russian air defense system.

Trump said he was ready to lift sanctions against Ankara over the S-400 missiles if the meeting went well.

But he also pushed the key issue of Ukraine with Erdogan, whose country has refused to join international sanctions on Moscow and has even stepped up its purchases of Russian oil.

"I'd like to have him stop buying any oil from Russia while Russia continues this rampage," Trump told reporters at the start of the Oval Office meeting.

Turkey is Russia's fourth-biggest trading partner, according to Europe's Bruegel institute, which tallied $52 billion worth of exchanges last year -- largely fossil fuels and electronics.

Trump, who said in a major shift earlier this week that he now believed Ukraine can win the war, insists Western allies must stop buying Russian oil and gas before he imposes any more sanctions on Moscow.

O.Tse--ThChM