Boeing, Turkish Airlines Reach Compensation Agreement | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-11.10.25

AirborneNextGen-
11.11.25

Airborne-Unlimited-11.12.25

Airborne-Unlimited-11.06.25

AirborneUnlimited-11.07.25

LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Thu, Jan 02, 2020

Boeing, Turkish Airlines Reach Compensation Agreement

Totals $225 Million Related To Grounding Of The 737 MAX

Boeing and Turkish Airlines have reached a compensation agreement stemming from the grounding of the 737 MAX airplane, according to the airline.

Reuters reports that, according to the Hurriyet newspaper, the compensation package totals $225 million to be paid by Boeing to the carrier. The total includes $150 million in compensation and $75 million for spare parts, training and other considerations.

Turkish Airlines has taken delivery of 12 737 MAX airplanes of a total of 75 on order for its fleet, according to the report. The plane has been grounded since March, 2019 following two accidents involving the aircraft.

The carrier had been planning to file a lawsuit against the planemaker prior to the agreement being reached.

Boeing has suspended production of the 737 MAX, and CEO Dennis Muilenburg has been removed by the company in the wake of the accidents and subsequent grounding. So far, the grounding has cost the planemaker more than $9 billion.

(Image from file)

FMI: Source report

Advertisement

More News

Classic Aero-TV: Mayman Aerospace Speeder Dazzles Oshkosh Crowds

From 2023 (YouTube Edition): A Moniker Well-Chosen Founded in 2021 by serial entrepreneur David Mayman and headquartered in New York City, Mayman Aerospace is the designer and manu>[...]

NTSB Prelim: Socata TBM 700

The Controller Provided The Pilot With A Low Altitude Alert And The Altimeter Setting That Was Current At The Time On October 13, 2025, at about 0815 eastern daylight time, a Socat>[...]

ANN's Daily Aero-Term (11.11.25): Outer Marker

Outer Marker A marker beacon at or near the glideslope intercept altitude of an ILS approach. It is keyed to transmit two dashes per second on a 400 Hz tone, which is received aura>[...]

ANN's Daily Aero-Linx (11.11.25)

Aero Linx: Seaplane Pilots Association The Seaplane Pilots Association is the only organization in the world solely focused on representing the interests of seaplane pilots, owners>[...]

Aero-News: Quote of the Day (11.11.25)

“While business aviation is fully included in the FAA’s traffic reductions, we know that our sector will continue to pursue mandatory and voluntary means to ensure we a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC