* Firm order of 75 aircraft worth $7.5 bln
* Options for a further 25
* Turkey's largest single aircraft order
By Evrim Ergin
ISTANBUL, Dec 18 Turkey's Pegasus Airlines
ordered at least 75 Airbus medium-haul planes worth around $7.5
billion, Airbus said on Tuesday, marking the country's largest
single aircraft order.
The Istanbul-based budget carrier placed a firm order for 58
fuel-saving A320neo aircraft and 17 A321neo jets. The aircraft
have a combined list price of $7.5 billion.
The deal also includes options for a further 25 aircraft. If
all options are exercised, the deal's value for all 100 aircraft
could rise to $9.9 billion, based on official Airbus prices. In
practice, airlines win significant discounts for large orders.
Pegasus currently operates aircraft built by Airbus's
arch-rival Boeing. It switched allegiance after what
industry sources described as a tough price contest between the
planemakers, during negotiations first reported by Reuters.
The competition is the latest milestone in what has, over
the past year, become the fiercest worldwide contest for market
share between Airbus and Boeing in a decade.
Founded in 1990, Pegasus has grown its fleet from just two
aircraft to more than 40 mostly Boeing BA.N 737-800s over the
past two decades and serves 52 destinations in 24 countries.
Its latest expansion highlights rapid growth in Turkish
aviation after flag carrier Turkish Airlines recently
ordered long-range aircraft from both Boeing and Airbus.