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
spot_img

Hot this week

Guinea Insurance Completes Recapitalisation, Positions for Market Leadership, Next Phase of Growth

Guinea Insurance Plc has successfully completed its recapitalisation exercise,...

AXA Mansard’s New Digital Tool to Make Vehicle Inspection Fast and Easy

AXA Mansard Insurance, a member of the AXA Group,...

AXA Mansard Health’s WhatApp ChatBot, Karis, to Reduce Waiting Time at Hospital

In an attempt to reduce waiting time and ensure...

AXA Mansard, Lagos DSVA Intensify Campaign Against Domestic, Sexual Violence

AXA Mansard has partnered with the Lagos State Domestic...

Topics

Embracing Unity And Best Practices For A Better Nigeria

  By Evans Woherem, Ph.D Africa, and in particular Nigeria, holds...

African Airlines to Lose $6bn Revenue over COVID-19

  The International Air Transport Association (IATA) renewed its call...

Stanbic IBTC Tops List of Banks With Gender Balance In Executive Positions

  Stanbic IBTC Holdings PLC, a member of Standard Bank...

AfDB Unveils 1st Africa-to-Africa Investment Report

Opportunities for investment in Africa outweigh the obstacles, according...

MTN, Seacom Lead Africa’s Future Digital Infrastructure Tech

Digital and Broadband infrastructure investment is clearly one of...

CRC Credit Bureau Unveils Data Submission API

CRC Credit Bureau has launched its Data Submission Application...

Sovereign Trust Insurance Elevates Kayode, Emmanuel as EDs

One of the foremost underwriting firms in the country,...

IG4D 2024: Edetaen Ojo to Chair NDSF on Internet Governance

One of the top 10 digital change makers in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img