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

Electra achieves FAA certification milestone for EL9 Ultra Short Aircraft

Federal Aviation Administration has closed the G-1 Issue Paper, formally establishing the certification basis for Electra’s EL9 Ultra Short aircraft and advancing the company toward the next big...

Airbus and MTU Aero Engines to create a joint venture to develop a fully electric hydrogen fuel cell engine

Airbus and MTU Aero Engines intend to deepen their collaboration by establishing a joint venture dedicated to the development and commercialisation of a fully electric hydrogen fuel cell engine. This...

ExecuJet MRO Services Belgium receives EASA and FAA approval for Falcon 6X maintenance

European Union Aviation Safety Agency and the US Federal Aviation Administration have approved ExecuJet MRO Services Belgium to perform line and heavy maintenance on the Dassault Falcon 6X. In ad...

easyJet’s 15,000th Fearless Flyer participant takes to the skies as new Autumn and Winter courses launch

easyJet has welcomed its 15,000th Fearless Flyer participant onboard and helped them take to the skies with confidence. Since launching in 2012, easyJet’s Fearless Flyer programme has helpe...

Android Apps development in Riga, Latvia