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

Stanbic IBTC Reinforces Capital Markets Leadership Through Dangote Refinery IPO

Stanbic IBTC Holdings Plc has reinforced its position as...

CBN Bags NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the...

Leadway Assurance Backs ISSP Initiative to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance, Nigeria’s leading insurance services provider and a...

RMB Nigeria Advises on BOI’s N274.18bn Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

LG Electronics Highlights Seven Home Appliances at IFA 2026

As routines and lifestyles evolve across Europe, consumers are...

Topics

NCC Committed to Rapid Adoption of ICT in Health Sector

TEXT OF THE SPEECH DELIVERED BY THE EXECUTIVE VICE CHAIRMAN OF...

NCC: How to Protect 114m Nigerian Internet Users Online

The Nigerian Communications Commission (NCC) has reiterated how the...

Vodacom Seeks Operators’ Collaboration to Improve Quality of Service

L-R: Managing Director Telecom Advisory Services, Ambrose Nwadike; Chairman...

Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

Dignitaries at the naming ceremony of the 40,000 cubic...

Senator Teslim Folarin Lauds NCDMB as 500 Youths Graduate from Solar Power Programme

Senator Teslim Kolawole Folarin, the former Chairman of the...

NPA Redeploys Senior Management to Drive Transformation

Management of the Nigerian Ports Authority (NPA) has effected...

World Bank: Nigeria to Quit Recession, Grow at 1% in 2017

Global economic growth is forecast to accelerate moderately to...

‘Africa Needs Blue Economy Strategy to Harness the Oceans’

The African continent needs to work together on a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img