Boeing, Qatar Airways Ink $18.6bn 100 Aircraft Deal

Boeing and Qatar Airways announced an order for 30 B787-9 Dreamliners and 10 B777-300ERs, valued at $11.7 billion (€10.47 billion) at list price. The airline also signed a Letter of Intent for up to 60 737 MAX 8s, valued at $6.9 billion (€6.17 billion) at list prices.

The announcement builds on Qatar Airways’ current fleet of 84 Boeing aircraft, a combination of 787s and 777s, all delivered over the last nine years. With this new order, Qatar Airways increases its firm order backlog of Boeing wide-body airplanes from 65 to 105, including 60 777Xs.

The Boeing Company announced deliveries across its commercial and defense operations for the third quarter of 2016. During the third quarter, the Seattle-based company sold 188 commercial airplanes, dominated by the narrow-body B737 family of 120 deliveries, followed by 36 B787 family.

Qatar Airways’ relationship with Boeing was renewed in 2006. The airline was the first to operate the 787 in the Middle East and is a launch customer for the 777X. With the commitment for the 737 MAX 8, it would be the first Boeing single-aisle airplane model to join Qatar Airways’ fleet in more than 15 years.

spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM Boss, Segun Omosehin, Extols Yetunde Ilori’s Leadership at CIIN, Reaffirms Commitment to Institute

L-R: Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner, Finance and...

NAICOM Holds One-Day Training for Police Officers on Compliance with Compulsory Insurance Policies

The National Insurance Commission (NAICOM) has organised a one-day...

Stanbic IBTC Capital Wins Best Investment Bank in Nigeria at 2026 Global Banking and Finance Review Awards

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Stanbic IBTC Bank’s Economic Forum Charts Nigeria’s Path through a Shifting Global Economy

L-R: Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; Dr....

CBN: N100 Banknote Remains Legal Tender in Nigeria

The attention of the Central Bank of Nigeria (CBN)...

Topics

Arik Airline Capable Of National Carrier Status – AMCON MD

Given the strategic and critical role the aviation sector...

Stanbic IBTC Insurance Unveils Comprehensive Funeral Expenses Cover – Sunset Benefit Plan

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC...

Shell Donates N1bn Library to PH Literary Society

A modern e-library donated by Shell to the Port...

Allianz, SOS Children’s Villages Focus on Social Inclusion

Allianz SE and SOS Children’s Villages announced their global...

‘MTN Nigeria Will Not Go Public in April 2018’

Despite the recent assurance from Mr. Rob Shuter, Group...

The Rise of $1bn e-Commerce Industry in Nigeria

According to Euromonitor International data, Nigeria boasts the largest online market for apparel and footwear in Africa, which is expected to grow from US$104 million in 2014 to $1billion in 2019. The building blocks for future developments in e-tailing are emerging in sub-Saharan Africa, as a growing middle class and young population create a demand for products that store-based retail simply cannot meet, due to a lack of shopping malls and gridlocked cities.

GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Enugu Commissioner Agbo, Others on Appointments

  The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr....

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img