Boeing secures record deal with Qatar Airways for up to 210 planes, boosting both companies amid ongoing challenges.
In Short:
Boeing has secured a historic deal with Qatar Airways for up to 210 jets, including 130 787 Dreamliners, which could generate about 400,000 U.S. jobs. The agreement, signed during President Trump’s visit, also involves a significant engine purchase from GE Aerospace.
Boeing has secured a landmark deal with Qatar Airways for up to 210 jets, marking its largest order for widebody aircraft. The agreement includes 130 Boeing 787 Dreamliners and 30 delayed 777-9s, with options for an additional 50 aircraft.
Additionally, Qatar Airways signed a contract with GE Aerospace for over 400 engines, the largest engine purchase in GE’s history. The deal was signed during President Donald Trump’s visit to Qatar, with Boeing’s CEO present at the ceremony.
Qatar Airways’ CEO stated that this purchase is essential for investing in an efficient fleet to meet increasing demand. Boeing’s Commercial Airplanes CEO highlighted that the order solidifies Qatar Airways’ future fleet with leading widebody models.
The 777-9 aircraft, part of the 777X series, has not yet been delivered or certified.
154,000 jobs
The White House estimated the value of the deal at $96 billion, projecting support for 154,000 jobs annually in the U.S.
Boeing and Qatar Airways, however, estimate about 400,000 U.S. jobs will result from this agreement.
Boeing has faced challenges, including safety issues and a trade war impacting its business. Senator Lindsey Graham noted that this deal could significantly benefit South Carolina, where the planes will be assembled.
The order will nearly double Qatar Airways’ current fleet of 233 aircraft. The deal has prompted scrutiny regarding Trump’s acceptance of a luxury 747 gift from Qatar for Air Force One.
