Money
Qatar Airways signs multi-billion-dollar Boeing deal
Gulf airline Qatar Airways has signed a multi-billion dollar aircraft order with U.S. based plane maker, Boeing
Qatar Airways has handed aircraft maker, Boeing a record launch order for 34 new 777X freighters, and has also made a purchase of 737 MAX passenger jets.
The order, signed on Monday is worth over $30 billion.
This specific deal, signed at the White House during a visit to Washington by Qatar’s ruling emir, boosted Boeing at a time when the U.S. aircraft manufacturer faces chronic industrial and financial constraints.
US President Joe Biden has hailed the Gulf state as a major U.S. ally.
The deal for 25 of the largest versions of the 737 MAX, known as the 737-10, plus 25 further options, widened the fallout from a dispute between Qatar Airways and Airbus.
European planemaker, Airbus, earlier this month revoked a contract with Qatar for 50 competing A321neo jets as part of a spiralling dispute that began with disagreements over the severity of flaws on long-haul A350 jets
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