BA: Boeing secures largest aircrafts order from Qatar

The President declared that Qatar and Boeing have inked a record-breaking contract for aircraft purchases.

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Quick overview

  • President Trump announced a record-breaking aircraft purchase contract between Qatar and Boeing during his Middle East trip.
  • Boeing will sell 160 aircraft to Qatar, marking the largest order in the company's history valued at over $200 billion.
  • Boeing President Kelly Ortberg signed the order alongside Trump, who praised the deal as impressive and historic.
  • The announcement highlights the ongoing benefits US companies are experiencing from Trump's foreign engagements.

US companies continue to benefit from President Donald Trump’s Middle East trip. The President declared that Qatar and Boeing have inked a record-breaking contract for aircraft purchases.

The White House announced that Boeing will sell 160 aircraft to Qatar. Boeing President and CEO Kelly Ortberg signed the order alongside the president in Qatar. According to Trump, the order is the biggest in the company’s history and is valued at over $200 billion.

“Kelly is telling me that this is the biggest order of jets Boeing has ever had,” Trump said. That’s quite impressive. And that’s 140—was that 140 or 160? “Well…yes, but when you include the 40, it’s 200, more than $200 billion. Trump remarked, “But 160 in terms of the jets, that’s fantastic.”. Kelly, that’s a record. And congrats to Boeing.

 

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.

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