Deadline falls for financing bids on 32 Turkish Airlines jets

This story is sourced from Pro
See more Pro news »

Bids on the Turkish Airlines request for proposals covering next year’s deliveries are due today, says a financier.

The Istanbul-based carrier approached bankers and operating lessors earlier this month for a massive $2.65 billion-worth of aircraft financing.

The RFP covers 32 Airbus and Boeing jets as well as two General Electric CF6-80 spare engines and one GE-90 spare engine, says the source.

Turkish Airlines has 13 Airbus A321 deliveries scheduled between March and December 2015, the RFP shows.

The carrier also has seven A330-300s to be delivered between April and June next year.

The Boeing portion includes five 737-900ERs to be delivered between February and June next year, as well as seven 777-300ERs due between March and November.

Turkish is asking for export credit agencies-guaranteed proposals as well as ECA-backed bonds, Japanese operating leases with call options (JOLCOs) and sale-and-leaseback offers in all currencies.