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

T+1: SEC Insists on 5pm Settlement Deadline for Equities, Commodities on CSCS Platform

The Securities and Exchange Commission (SEC) has fixed 5:00...

Tinubu: Refineries Will Return to Deliver Profit, Welcomes Support by NUPENG

President Bola Ahmed Tinubu said in Abuja refineries will...

NRS Chair: Report of $279m Frontier Exploration Fund Transfer is Fake News

The Executive Chairman of the Nigeria Revenue Service (NRS),...

Former CFI: Regulatory Concession on Recapitalisation Will Undermine Integrity of the Process

The former Commissioner for Insurance/CEO, National Insurance Commission (NAICOM),...

Terrorism: SEC Directs Capital Market Operators to Freeze Assets of 9 Financiers

The Securities and Exchange Commission (SEC) has directed capital...

Topics

AFRICA TELECOM & IT Loses Director, Monique Butt

The Board, Management and Staff of Telecom and IT...

Experts Seek Smarter Regulation, Stronger Collaboration, Trust to Position Nigeria as Africa’s Fintech Hub

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

Samsung Unveils QLED TV, 2018 Model

L-R: Executive Director, SIMS Nigeria Ltd (SIMS), Mr. Ike Eyisi; Executive Director,...

WSIS Unveils 18 2016 Prize Winners

ITU Secretary-General, Houlin Zhao yesterday announced the 18 winners...

All Set for Ecobank 2026 National Schools’ Team Chess Championship

L–R: Austen Osokpor, Head, Marketing and Corporate Communications, Ecobank...
spot_img

Related Articles

Popular Categories

spot_imgspot_img