Turkish Airlines, CFM Agree on Support for Up to 295 MAX Jets
The memorandum covers engines, maintenance and a planned service center, while Turkish Airlines shares traded lower Friday morning.
Key takeaways
- The memorandum covers engines and maintenance for up to 295 Boeing 737 MAX aircraft.
- CFM International committed to provide licenses and support for a planned Turkish Airlines Teknik engine center.
Turkish Airlines and CFM International signed a memorandum covering engines, spare engines and maintenance for up to 295 Boeing 737 MAX aircraft. It also outlines a planned engine maintenance center within Turkish Airlines Teknik.
The aircraft count includes 100 firm orders and 50 options announced earlier, plus up to 145 aircraft already in the airline’s fleet or due to join through leasing. CFM committed to provide the licenses and support needed for the center.
Turkish Airlines said the center is expected to serve other airlines as well. As of 07:01 UTC Friday, Turkish Airlines shares traded at 273.75 lira, down 1.08% since the previous close.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
