*
Turkish Airlines signalled 150 737 MAX planes order in
September
*
Bolat says will finalise 'deal or no deal' after imminent
talks
*
Engine maintenance centre investment in Turkey under
discussion
*
Turkish Airlines looking into opportunities in Asia,
America
(Adds quotes, details, background)
By Ebru Tuncay
ISTANBUL, Nov 5 (Reuters) - Turkish Airlines will meet
with Boeing ( BA ) and engine supplier CFM in the coming weeks to
decide on a planned deal for a major 737 MAX jet order, Chairman
Ahmet Bolat said on Wednesday.
Turkish Airlines
said in September
that it would order 75 Boeing 787 aircraft and had
completed negotiations to buy 150 737 MAX planes, subject to
engine talks, in a long-awaited deal coinciding with a meeting
between the two countries' leaders.
Bolat then said last month
that Turkish Airlines could switch the 737 order to rival
Airbus if talks with CFM failed to make progress.
"Those talks are ongoing. We'll probably have Boeing ( BA ) and the
engine manufacturer sitting down together in a few weeks. We'll
ask, 'Are you in or out?' If not, we'll turn another page,"
Bolat said in an interview.
Bolat said details on a possible investment to set up an
engine maintenance centre in Turkey were also being discussed as
part of the negotiations.
Transatlantic venture CFM International, co-owned by GE
Aerospace and Safran, is the sole engine supplier for the Boeing
737 MAX and competes with RTX unit Pratt & Whitney for
airline contracts for the Airbus A320neo family.
A spate of engine shortages and growing maintenance
delays has driven up engine parts prices and led to growing
discord between suppliers and airlines across the industry.
Airlines globally have voiced frustration over the
disruption, including Turkish Airlines, which is facing delays
linked to Pratt & Whitney engines on its existing Airbus fleet.
Bolat also said that Turkish Airlines' minority stake
purchase in Spain's Air Europa is almost complete, adding that
the flag carrier is looking into opportunities in Asia, North
and South America as well as other regions.
"Of course, could we have such a partner in Asia? We're
working on this through a joint venture or share acquisition.
Our discussions in Asia are ongoing," Bolat said.
Earlier this year, Turkish Airlines agreed to invest 300
million euros in convertible debt, equivalent to a stake of
25-27% in
Air Europa
, outlasting European rivals Lufthansa and Air
France-KLM.