Qatar Dangles Prospect For Future Airbus Jet Order
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Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries in response to U.S. tariffs.
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.
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The new fleet is expected to start arriving in May 2029 and will support the airline’s growth plans for the next two decades
Qatar Airways CEO Badr Mohammed Al-Meer has described the decision to select Boeing over Airbus as “a very, very, very, close call.”
Boeing (NYSE:BA) is poised to benefit from this week's significant order from Qatar Airways for more than 160 jets, Jefferies analyst Sheila Kahyaoglu said. The deal, announced during President Trump’s recent visit to Doha,
The 787 Dreamliner built in South Carolina is among 210 jets Qatar Airways will buy as part of a $96 million deal; critics blast 'gift' to Trump
The order will support 154,000 U.S. jobs annually, the White House said.
As markets cheer Qatar’s massive $200 billion jet deal with Boeing Co. (NYSE:BA), economist Peter Schiff has a warning that has little to do with planes, and a lot more to do with America’s structural vulnerabilities.