Airlines

Boeing reaches compensation agreement with Turkish Airlines over 737 Max

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Boeing has agreed to a compensation deal with Turkish Airlines over the grounding of the 737 Max and related financial losses to the carrier.

The airline is planning to bring 75 new Max jets into its fleet, of which 65 are Max 8s and 10 are the larger Max 9 model.

However, deliveries of the new aircraft have been held up by the grounding of the 73 Max, meaning Turkish Airlines has so far received only 12 of the re-engined jets.

Turkish Airlines has revealed that it “came to an agreement” with Boeing concerning “compensation for certain losses” caused by the grounding as well as the non-delivery of 737 Max aircraft.

It has not disclosed the extent or nature of the compensation, nor whether the agreement is a final or interim arrangement.

Turkish Airlines’ latest fleet plan shows the airline aims to have 48 Max jets in its fleet, including the 10 Max 9s, by the end of 2020.

But these numbers, it says, are only based on the original fleet-development strategy and are “subject to change” depending on developments within Boeing.

Turkish Airlines has increased the number of 737-800s in its 2020 fleet plan, to 88 from a previous figure of 75 given in June.

Its joint venture carrier SunExpress recently opted to increase its own Max commitment to 42 firm aircraft, through an agreement to take 10 more.

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