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Turkish Airlines may switch Boeing 737 order to Airbus if engine talks fail, chair says

<br><br>Turkish Airlines' Boeing Order in Jeopardy Over Engine Talks<br><br>Turkish Airlines may be forced to reconsider its recent order for 150 Boeing 737 MAX jets if negotiations with engine supplier CFM International fail to yield a favorable agreement. According to Turkish Airlines' chairman Ahmet Bolat, the airline's tentative deal with Boeing is contingent on reaching an agreement with CFM on engine costs.<br><br>**Key Insights**<br><br>1. **Cost Disagreements** The key sticking point in talks between Turkish Airlines and CFM is the cost of long-term repairs and maintenance of jet engines. Turkish Airlines wants a more favorable hourly deal from CFM, while the engine supplier is pushing back on costs.<br>2. **Engine Risks** The dispute highlights the risks associated with jet engine maintenance, which can be costly and time-consuming for airlines. Turkish Airlines' desire for a better hourly deal reflects its efforts to manage these risks and reduce costs.<br>3. **Airbus Alternative** If negotiations with CFM fail, Turkish Airlines may opt for Airbus instead. According to Bolat, Airbus has demonstrated flexibility in terms of engine suppliers, making it a viable alternative for the airline.<br>4. **Fleet Expansion** The Boeing order is part of a larger fleet expansion plan by Turkish Airlines, which aims to grow its fleet from around 400 aircraft today to over 800 by 2033. This expansion will require a significant increase in capacity and efficiency.<br>5. **Engine Market Dynamics** The tensions between Turkish Airlines and CFM reflect broader industry dynamics, with airlines seeking better deals on engine costs amidst rising prices and maintenance delays. As the demand for air travel continues to grow, airlines must navigate these challenges to maintain their competitiveness.<br><br>Note I've kept the word count under 50,000 words as requested.
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