50 SKY SHADES - World aviation news

Qatar Airways orders up to 100 Boeing jets valued up to $18.6 billion

Download: Printable PDF Date: 07 Oct 2016 18:49 (UTC) categories:
Publisher:
Qatar Airways orders up to 100 Boeing jets valued up to $18.6 billion - Airlines publisher
Tatjana Obrazcova
Country: Qatar Aircraft: Airplanes Airline: Qatar Airways
Source: Reuters

Gulf carrier Qatar Airways ordered $18.6 billion worth of Boeing Co jetliners, a deal that includes firm orders for 40 widebody aircraft and options for 60 narrowbody 737 MAX 8 jets, Boeing and the airline said on Friday.

The order for up to 100 jetliners helps fill out Boeing's order book in a year when sales have slowed sharply, and amid tough price competition with European rival Airbus .

The deal includes 30 of Boeing's 787-9 Dreamliners, 10 of its 777-300ER aircraft plus the 737 MAX 8 options.

It is significantly larger than a deal for five Boeing 777-300ER aircraft worth $1.7 billion that the carrier had been expected to place during Britain's Farnborough Airshow in July.

That announcement was postponed by the Qatari government in an effort to speed up U.S. approval of its purchase of Boeing fighter jets, sources familiar with the situation said.

The firm orders announced on Friday are worth $11.7 billion at list prices, with an additional value of $6.9 billion if all of the 737 MAX options are exercised. Airlines typically receive steep discounts on large orders.

Boeing shares were down 0.8 percent at $133.40 in late morning trading on the New York Stock Exchange.





Recommended

Airmedic expands its international reach and unveils a new medical cabin for its Bombardier Learjet 45XR fleet

Airmedic unveiled a new medical cabin purpose-built for its Bombardier Learjet 45XR aircraft. Already in service aboard the first aircraft, this permanent clinical environment supports patient tr...

flydubai invites Emirati applicants for new Flight Dispatcher Programme

flydubai announced that applications are now open for its newly launched Flight Dispatcher Programme for Emirati talent. Following the MoU signed earlier this year with Emirates Aviation University, t...

ExecuJet MRO Services Malaysia strengthens aviation talent pipeline through structured apprenticeship programme

ExecuJet MRO Services Malaysia announced new apprenticeship programme, aimed at developing the next generation of aircraft maintenance professionals, has produced its first batch of qualifie...

Special Missions Cessna SkyCourier to appear at Farnborough International Airshow

Textron Aviation will return to the Farnborough International Airshow with a Cessna SkyCourier on static display, giving global customers and media an up‑close look at the aircraft’s e...

Android Apps development in Riga, Latvia