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

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...

Stanbic IBTC Empowers MSMEs with Business Growth Insights at Nigeria Business Summit Regional Tour in Ibadan

Micro, Small, and Medium Enterprises (MSMEs) across Oyo State...

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

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

Experts Charge Stakeholders to Address Healthcare Challenges

Experts have charged stakeholders to address challenges limiting the...

Topics

Buhari to Declare Open National Insurance Conference

President Muhammadu Buhari will declare open the 2016 National...

NCDMB: Remittance of 1% Nigerian Content Levy Still Mandatory

The Nigerian Content Development and Monitoring Board (NCDMB) on...

Linkage Assurance Reports N573m PAT in 1st Half 2019

Linkage Assurance Plc has recorded a 16 percent growth...

Transcorp Reports N135bn Total Revenue, N47bn Profit in 2022

  Transnational Corporation Plc (Transcorp) has released its financial results...

NCC EVC, Umar Danbatta to Deliver Business Journal 10th Anniversary Lecture

Prof. Umar Danbatta Executive Vice-Chairman Nigerian Communications Commission Professor Umar Garba Danbatta,...

NIA Backs NAICOM on Publication of Outstanding Claims by Insurers

L-R: Mr. Kunle Ahmed, Chairman, NIA and Mrs. Bola...

Allianz, Sanlam Joint Venture Targets 29 Markets in Africa

Mr. Amine Benabbou Head of Business Division, Africa and Middle...
spot_img

Related Articles

Popular Categories

spot_imgspot_img