Boeing's 737 MAX Deal with Turkish Airlines Nears Completion
Boeing's troubled 737 MAX deal is close to being finalized after months of negotiations. The company is expected to complete a deal for 150 of its 737 MAX jets with Turkish Airlines by next week.
The high-profile agreement, part of a larger package announced last year following a meeting between Turkish President Tayyip Erdogan and U.S. President Donald Trump, faced challenges due to disagreements over engine maintenance.
Insiders reveal that a resolution has been reached on the industrial deal for engine upkeep, bringing the deal back on track.
The agreement is part of a package of 225 jets announced last year, but details about the size and scope of the deal were not provided in the source. Neither Boeing nor CFM, the engine maker co-owned by GE Aerospace and France's Safran, commented on the deal.