Turkish reschedules deliveries | News | Airfinance Journal

Turkish reschedules deliveries

Turkish Airlines is deferring a number of its Airbus deliveries as a result of the impact of the Covid-19 pandemic.

In a stock market disclosure, the carrier said it had reviewed its fleet plans and rescheduled “certain” of its deliveries be in line with its “operational and financial capacity”.

Turkish did not disclose how many aircraft are being deferred and for how long.

Airfinance Journal’s Fleet Tracker shows that Turkish Airlines has 96 aircraft orders with Airbus, consisting of 71 A321neos and 25 A350s.

Two aircraft were due for delivery in 2020 and five in 2021.

Earlier this month Reuters reported that Turkish Airlines had entered talks with its largest shareholder, state-owned Turkey Wealth Fund (TVF) is Turkey's sovereign wealth fund to secure additional financial support.

Transaction SnapshotTurkish Airlines | Sale leaseback | 07-20 | $125m (est) | 1x787-9

Financial Close:
$125.00m USD
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