Boeing Cracked a Beacon Deal of $96 Billion with Qatar Airways

Boeing has secured a historic deal with Qatar Airways worth $96 billion because of Trump’s efforts to deepen Gulf ties. This is another major deal hit by President Trump with a Gulf state during the Middle East tour. 

After this biggest deal, Boeing shares rose upto 2% to a 52-week high on Wednesday following the announcement.  The deal includes firm orders for 30 Boeing 777x and 130 787 jets worth $96 billion. GE Aerospace engines were chosen over Rolls-Royce for the 787s. It will also boost Boeing’s sales.

This Landmark deal kickstarts Boeing, which has remained unprofitable since 2018. Its shares had also fallen for many years following Trump’s announcement of reciprocal tariffs. The agreement will prove to be a success-driven innovation for generations.

“We are deeply honoured that Qatar Airways has placed this record-breaking order with Boeing, one that solidifies their future fleet with our market-leading widebody aeroplane family at its centre,” Stephanie Pope, president and CEO of Boeing Commercial Aeroplanes, said in the statement.