WorldWide Ltd. CEO

Turkish Airlines has finally placed an order for 40 B787-9 aircraft from Boeing, of which 20 are firm and 20 are options. The order is valued at $11BN. Delivery is expected to start in 2019 through to 2023. Boeing is also planning to increase the rate of monthly production of the B787 Dreamliner to 14 sometime next year.

Looks like Turkish Airlines will finally be flying to Australia, although it will have a stopover in Asia; rumours suggest Singapore or Bali. It is also understood that the airline could further expand in Latin America.

The Order, in my opinion, is quite a surprise as just last week Turkish newspaper Hurriyet and Sabah wrote about Turkish Airlines' interest in acquiring 8 Boeing 747-8i aircraft, and it is also interesting to know that an airline which grounded almost 40 aircraft in the Winter season of 2016/17 due to lack of demand following multiple terror attacks and the 2016 Coup attempt, is now in a position to order 40 wide-body planes.