11:05 AM EDT, 04/29/2024 (MT Newswires) -- (Updates with Boeing ( BA ) and Airbus responses in the fifth paragraph.)

Turkish Airlines is in discussions with Boeing ( BA ) and Airbus to buy 235 aircraft as part of the carrier's expansion plans, Reuters reported Monday, citing Turkish Airlines Chairman Ahmet Bolat.

"We are negotiating with both Airbus and Boeing ( BA ) for the remaining 235 planes," the report quoted Bolat as saying at an Istanbul event held with Airbus and Rolls-Royce.

Turkish Airlines always had a "balanced policy" between Airbus and Boeing ( BA ), the report said, citing Bolat.

Rolls-Royce is also mulling potentially establishing maintenance, repair and overhaul capabilities in Turkey, the report quoted Bolat as saying.

Boeing ( BA ) and Airbus declined MT Newswires' requests for comment on the matter, while Rolls-Royce and Turkish Airlines did not respond.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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