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Turkish Airlines adds more leased aircraft to grow fleet

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Turkish Airlines has reached an agreement with lessor AerCap to lease 25 Boeing MAX 8s and three 787-9s for delivery between 2024 and 2026. Turkish has also extended the lease for six Airbus A330-200s that are already in its fleet.

The agreement was announced by the airline on Monday and confirmed by AerCap on Tuesday. Turkish says in a public disclosure that the agreement is in line with “the framework of our growth strategy”.

But the latest agreement with AerCap could be another indication that Turkish Airlines intends to grow the fleet not with a few mega-orders as was expected earlier, but with smaller and incremental agreements with the OEMs and lessors. It says: “Our Incorporation is continuing negotiations with aircraft manufacturers and various international lessors to support its ongoing growth trajectory and fleet renewal.”

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