Turkish Airlines signs MoU with CFM for more than 300 LEAP-1B engines
Turkish Airlines and CFM signed an MoU for over 300 LEAP-1B engines and long-term services for a fleet of more than 600 engines.
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what happened
Turkish Airlines and CFM International signed a memorandum of understanding to buy more than 300 LEAP-1B engines, including spares. The engines will power 100 firm and 50 optional Boeing 737 MAX aircraft, which the airline announced in September 2023, according to a GlobeNewswire release.
The agreement also covers a long-term services contract for the airline's entire LEAP-1B fleet and its subsidiary AJet, which totals more than 600 engines. The parties also agreed to support a new engine maintenance, repair and overhaul facility in Türkiye.
Turkish Airlines chairman Murat Şeker said the cooperation will support fleet and network growth. Safran CEO Olivier Andriès called the MoU a new milestone in the partnership.
why it matters
For investors, the deal matters mainly to GE Aerospace and Safran, which jointly own CFM, and to Boeing, whose deliveries depend on engine supply. The MoU is not a final contract, so its financial effect has not been quantified.
market impact
GE Aerospace, Safran: a large new order and services deal supports CFM revenue
tags
instruments
sources
- Turkish Airlines and CFM sign MOU for more than 600 LEAP-1B engines — globenewswire.com, 16 October 2026 at 10:47 UTC
- Turkish Airlines Signs MoU With CFM To Buy More Than 300 LEAP-1B Engines — ru.tradingview.com, 16 October 2026 at 11:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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