Turkish Airlines and CFM International signed a Memorandum of Understanding for over 300 LEAP-1B engines to power up to 150 Boeing 737 MAX planes, covering a total fleet of more than 600 engines including spares and leased aircraft. The agreement includes long-term engine services and a material services deal to establish a new engine maintenance, repair, and overhaul (MRO) facility in Turkey, enhancing Turkish Technic's capabilities. This partnership supports Turkish Airlines' fleet growth and operational efficiency, while CFM continues to provide advanced engine technology and competitive maintenance options. The deal marks a significant expansion in Turkish Airlines' relationship with CFM, aiming to improve engine availability and cost management.
The agreement between Turkish Airlines and CFM International highlights Boeing's ongoing role in aviation, while Boeing Co (BA) shares trade at USD 190.55 on Pluang as of Oct 16, 2026 18:02 WIB, showing a modest 0.96% gain for the day. This price sits closer to its 52-week low of USD 179.12 than its high of USD 252.15, indicating room for potential recovery in the industrial sector. The stock's dividend yield remains low at 0.03%, with all Pluang orders currently on the buy side, reflecting investor interest in Boeing amid this strategic engine deal.
