Trump Announces Qatar's Purchase of $200 Billion worth of Aircraft from Boeing
Taarek Refaat
US President Donald Trump announced that the total value of the aircraft deal Qatar has requested from Boeing exceeds $200 billion, describing it as "the largest in the company's history."
Qatar signed an agreement on Wednesday to purchase 160 aircraft from Boeing for Qatar Airways during Trump's visit to the country as part of his tour of the Arabian Gulf. The agreement also included the purchase of MQ-90 aircraft, in addition to defense agreements.
Boeing is one of the major economic beneficiaries of Trump's Gulf tour. AviLease, owned by the Saudi Public Investment Fund, signed a deal to purchase 30 Boeing 737-8 aircraft during US President Donald Trump's visit to Saudi Arabia yesterday.
Qatar Airways had allocated approximately $92 billion to purchase 332 US-made aircraft, according to statements made in January by then-Qatari Minister of Economy and Commerce Ahmed bin Jassim Al Thani.
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