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 14:49 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.



Loading comments for Qatar Airways orders up to 100 Boeing jets valued up to $18.6 billion...


Recommended

Qatar Airways reconfirms and upsizes its order for 50 A321neo ACF

Supporting Qatar Airways’ Expansion  Qatar Airways has re-affirmed its earlier order for 50 A320neo with a firm order for 50 A321neo ACF (Airbus Cabin Flex configuration). The selection...

Oriens Aviation moves into Pilatus PC-12 MRO support with Avalon Aero London Biggin Hill acquisition

Oriens Aviation, the exclusive Pilatus Centre for the British Isles, has reinforced its commitment to the world's best-selling single engine turboprop (SET), the Pilatus PC-12, and the growing SET...

Falcon Aviation celebrates first year at Dubai South FBO with IS-BAH Accreditation

Falcon Aviation is celebrating the completion of its first anniversary at its FBO in the VIP Terminal at Al Maktoum International Airport (Dubai South) with the news that it has been awarded Internati...

H160’s third prototype gets its carbon design livery

Signature livery a nod to A350XWB paint scheme Marignane, France, The third H160 prototype has received a fresh coat of paint and now features a striking “carbon” livery designed a...

Two-thirds of airlines to enter new era of connected onboard services by 2020

More than 90% of airlines are set to ramp up investment in advancing wireless services for cabin crew and pilots over the three years to 2020 – an 18% increase since SITA’s 2016 Airli...