Boeing Secures $96 Billion Order from Qatar Airways
Qatar Airways to acquire up to 210 aircraft from Boeing amid a series of economic agreements during US President Trump's Gulf visit.
Boeing has secured a significant aircraft order from Qatar Airways, amounting to $96 billion for the purchase of up to 210 jets.
The aircraft included in this deal are the Boeing 787 Dreamliner and the 777X models.
This order marks the largest single purchase of wide-body aircraft in Boeing's history, as confirmed by the White House.
The agreement was signed during a visit by US President Donald Trump to Qatar, where Boeing's CEO, Kelly Ortberg, was in attendance.
There was a brief miscommunication where Trump suggested the order could be valued at $200 billion, but the White House later clarified the figure as $96 billion.
Details regarding the specific terms and conditions of the deal remain sparse, with Boeing referring inquiries to official statements from the government.
Boeing is currently facing challenges, having lagged behind its European competitor, Airbus, in order bookings in recent years.
The first deliveries of the 777X aircraft, designed to replace the current 777 models, are anticipated for next year, following several years of development delays.
There is a backlog of several hundred orders for the 777X model.
President Trump's ongoing visit to the Gulf region has been characterized by discussions of various economic deals, with similar announcements made earlier in Saudi Arabia regarding substantial investments in the United States and extensive arms purchases by the Saudi government.
The aircraft included in this deal are the Boeing 787 Dreamliner and the 777X models.
This order marks the largest single purchase of wide-body aircraft in Boeing's history, as confirmed by the White House.
The agreement was signed during a visit by US President Donald Trump to Qatar, where Boeing's CEO, Kelly Ortberg, was in attendance.
There was a brief miscommunication where Trump suggested the order could be valued at $200 billion, but the White House later clarified the figure as $96 billion.
Details regarding the specific terms and conditions of the deal remain sparse, with Boeing referring inquiries to official statements from the government.
Boeing is currently facing challenges, having lagged behind its European competitor, Airbus, in order bookings in recent years.
The first deliveries of the 777X aircraft, designed to replace the current 777 models, are anticipated for next year, following several years of development delays.
There is a backlog of several hundred orders for the 777X model.
President Trump's ongoing visit to the Gulf region has been characterized by discussions of various economic deals, with similar announcements made earlier in Saudi Arabia regarding substantial investments in the United States and extensive arms purchases by the Saudi government.
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