Boeing Lands Largest-Ever 787 Jet Deal with Qatar Airways

  • Boeing (BA) stock rises: Boeing shares increased nearly 3% to $209.11 in Wednesday trading, driven by a $96 billion deal with Qatar Airways for up to 210 aircraft, including 787 Dreamliner and 777X models..
  • Historic Qatar deal: The agreement, secured with GE Aerospace during President Trump’s visit with Qatar’s emir, marks Boeing’s largest-ever widebody and 787 order, strengthening its backlog and U.S.-Qatar economic ties.

Boeing

Boeing Co. (BA) shares rose nearly 3% to $209.11 in Wednesday trading, reflecting market optimism following a landmark $96 billion agreement with Qatar Airways, facilitated by GE Aerospace, to supply up to 210 aircraft, including 787 Dreamliner and 777X models. Announced during President Donald Trump’s state visit with Qatar’s emir, the deal marks Boeing’s largest-ever widebody and 787 order, underscoring its pivotal role in global aviation. This contract strengthens Boeing’s order backlog, providing a significant boost amid ongoing efforts to stabilize production and address supply chain challenges. The involvement of GE Aerospace, a key supplier of engines for these aircraft, highlights the collaborative strength of U.S. aerospace manufacturing in securing high-value international contracts.

It should be noted that Qatar Airways’ commitment reflects confidence in Boeing’s next-generation aircraft, designed for fuel efficiency and passenger comfort, aligning with the airline’s expansion strategy in a recovering global travel market. The deal also strengthens U.S.-Qatar economic ties, with the potential to support 154,000 U.S. jobs annually—adding up to over 1 million jobs throughout the production and delivery process.. While investors welcome the order, Boeing faces pressures from labor costs and regulatory scrutiny, which could impact margins. Nevertheless, this historic agreement positions Boeing to capitalize on rising demand for widebody aircraft, driving long-term growth.

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