BSS
  15 May 2025, 00:20
Update : 15 May 2025, 00:27

Trump announces big Boeing order for Qatar Airways

DOHA, May  14, 2025 (BSS/AFP) - US President Donald Trump said Wednesday
Qatar Airways had placed a "record" order for 160 planes from Boeing, as he
signed a raft of deals in Doha alongside Qatar's emir.

The order, which the White House said was Boeing's largest ever for
wide-body jets, deepens ties between the US aerospace giant and the giant
Middle East carrier.

Qatar Airways will honor a "$96 billion agreement to acquire up to 210
American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace
engines," according to a White House fact sheet.

"This is Boeing's largest-ever widebody order and largest-ever 787 order,"
it said.

Comprehensive details about the order were not available. Boeing declined
immediate comment.

The order represents a win for new Boeing CEO Kelly Ortberg, although
analysts noted that the planes won't be delivered for at least five years due
to industry backlogs.

Both Boeing and rival Airbus, which has also sold extensively to Qatar
Airways, have struggled in recent years with supply chain problems as they have
taken thousands of plane orders amid strong airline demand. Boeing has also
been beset with safety and labor problems that have limited output.

Ortberg joined Trump for part of Wednesday's signing ceremony that also
included defense agreements and the purchase by Qatar of American MQ-9B drones,
after about two hours of talks with Qatar's Emir Sheikh Tamim bin Hamad
Al-Thani.

"It's over $200 billion but 160 in terms of the jets. That's fantastic. So
that's a record," Trump said, adding: "It's the largest order of jets in the
history of Boeing. That's pretty good."
The list prices of the 777X and 787 Dreamliner suggest the total value of
the Boeing deal is well under $200 billion. The $96 billion figure in the White
House factsheet also appears to include some business for GE Aerospace.

- Plane backlog -

Trump's Qatar visit is the second destination of his Gulf tour, after a
first stop in Riyadh, where he made a surprise announcement lifting sanctions
on Syria and met the country's president.

Relations between Washington and Doha have been in the spotlight over
Qatar's offer to Trump of a $400 million luxury aircraft to serve as a new Air
Force One and then pass into his personal use.

Since 2016, Boeing has received 118 gross orders from Qatar Airways and
delivered 65 planes to the carrier, according to Boeing's website.

Morningstar analyst Nicolas Owens said the order represents "good news" for
Boeing, but noted that it would be years before Boeing receives revenues for
the jets in Wednesday's order.

"If you're ordering a plane today it's not going to be on your landing
strip for at least five years," Owens said.

Owens said the announcement is also a "vote of confidence" in the
much-delayed 777X, which is still be certified, with Boeing pointing to first
deliveries in 2026.

Ortberg joined Boeing in August 2024 following a leadership shakeup after a
series of safety and quality control problems. He has focused on upgrading
Boeing's operations under the close scrutiny of US air safety regulators,
saying improving Boeing's corporate culture will take time.

Shares of Boeing rose 1.6 percent after midday.