Boeing, GE Aerospace Get Qatar Airways Order
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Boeing's deal with Qatar Airways comes as Qatar offered to donate a $400 million 747-8 jumbo jet for President Donald Trump to use as a temporary Air Force One.
Aboard Air Force One, Trump lamented to Fox News host Sean Hannity of the U.S. government plane's comparative old age of 40 years and lackluster appearance next to Qatar's, Saudi Arabia's and the United Arab Emirates' "brand new Boeing 747s."
The Qatar-Boeing deal is the latest in a series of high-profile aviation agreements signed during Trump’s four-day Middle East visit. Just a day earlier, Saudi Arabia’s sovereign wealth fund inked a $4.8 billion agreement with Boeing, and U.S. Commerce Secretary Howard Lutnick announced a $10 billion order from a British airline.
1don MSN
President Trump announced Wednesday that the Qatari government had committed to the “largest order of jets in the history of Boeing” — touting the transaction
WASHINGTON — Boeing has secured a pair of major orders in the Middle East during a visit to the region by President Donald Trump. The American aerospace manufacturer confirmed a $96 billion order from Qatar, one day after announcing an order from a company in Saudi Arabia for 20 737-8 jets and options for 10 additional aircraft.
As Trump’s visit in Qatar came to a close, it had yet to formally present an offer for the megajet the country is expected to gift Trump.
Boeing (NYSE:BA) on Tuesday said it had inked a significant deal with Saudi-based aircraft leasing company AviLease, marking the lessor’s first direct purchase from an aircraft manufacturer. The agreement includes a firm order for 20 Boeing 737-8 aircraft,