Boeing and GE Aerospace have signed a monumental contract with Qatar Airways for up to 210 aircraft, including Boeing’s 787 Dreamliner and 777X models. The deal, valued at $96 billion, was announced during US President Donald Trump’s visit to Qatar.
## Key Details of the Deal
– *Firm Orders*: 160 aircraft, consisting of 130 Boeing 787s and 30 Boeing 777X
– *Options*: 50 additional aircraft, totaling up to 210 planes
– *Engines*: GE Aerospace’s GE9X engines for the 777X and GEnx engines for the 787
– *Jobs Supported*:
Approximately 154,000 US jobs annually, generating over 1 million domestic jobs throughout the manufacturing and delivery phases
## Economic Impact
The agreement is expected to strengthen economic ties between the US and Qatar, supporting Qatar’s aviation industry growth. The deal also marks a significant boost for Boeing, which has faced profitability challenges and production issues in recent years.
## Recent Developments
– *Trump’s Visit*:
The deal was signed during President Trump’s visit to Qatar, highlighting the strong partnership between the two countries.
– *Previous Deal*:
Boeing recently signed a $13 billion contract with International Airlines Group to supply 32 long-haul jets.
– *China’s Role*:
China rolled back a ban on airlines taking Boeing’s aircraft, giving Boeing a breather in an important market.
## Discrepancy in Deal Value
There are conflicting reports on the deal’s value, with some sources stating $200 billion and others confirming $96 billion. The White House and reputable news sources confirm the $96 billion figure.
