Turkish Airlines (Istanbul) has converted five Boeing 777-300 ER orders into firm orders according.

The aircraft will be delivered in 2016 and 2017, according to a filing with the Istanbul stock exchange.

Today, Boeing issued this statement:

Boeing and Turkish Airlines have announced a order for five 777-300 ER(Extended Range) airplanes, valued at $1.6 billion at list prices. The Turkish flag-carrier has exercised options on five 777-300 ERs that were first announced in December 2012 as part of a previous firm order for 15 777-300 ERs. Turkish Airlines now has 20 777-300 ERs currently on order from Boeing.

Turkish Airlines’ fleet currently includes 12 777-300 ERs, the first of which Boeing delivered in October 2010. In that time, the 777-300 ER has played a significant role in Turkish Airlines’ incredible long-haul growth.

Copyright Photo: Nick Dean/AirlinersGallery.com. Boeing 777-3F2 ER TC-JJN (msn 40795) is pictured at Everett (Paine Field).

Turkish Airlines: