Turkish Airlines is in talks with Airbus (EADSY (OTC:EADSY)) and Boeing (NYSE:BA) to purchase 235 planes for its expansion plans, according to a Reuters report Monday, citing the airline's Chairman Ahmet Bolat.
Turkish Airlines unveiled its 10-year plan last year, showing that it seeks to expand by almost 600 planes. The company announced a deal with Airbus in December for 355 A321 narrow-body and A350 wide-body aircraft orders.
At an event with Airbus and Rolls-Royce, Bolat is said to have told listeners that the company is "negotiating with both Airbus and Boeing for the remaining 235 planes" and that it has "always followed a balanced policy between Airbus and Boeing."
He added that the airline is waiting for Boeing's problems to end and is not in a hurry to make a decision.