Turkish airline gives Boeing 737 Max vote of confidence with bigger order

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A Turkey-based leisure airline exercised options for an additional 10 Boeing 737 Max planes, an endorsement of the planes that have been grounded since mid-March after two fatal crashes.

Boeing has faced a dearth of orders for its 737 Max planes after two fatal crashes grounded them worldwide.SunExpress Germany Boeing 737-800 aircraft landing at Dusseldorf DUS EDDL international airport in Germany. The Boeing 737 airplane has the registration D-ASXR and has two CFM56-7 jet engines.Boeing

The Antalya, Turkey-based airline exercised options for an additional 10 of the 737 Max 8 planes, worth $1.2 billion at list prices, before routine discounts, Boeing announced on Monday during the Dubai Airshow. SunExpress, a joint venture of Lufthansa and Turkish Airlines that serves destinations throughout Europe and vacation spots around the Mediterranean and Black Sea, had previously ordered 32 of the 737 Max jetliners.

The worldwide grounding has eaten into the profits of airlines with the 737 Max in their fleets and curbed their growth plans.

 

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