Latest news with #Boeing787Dreamliners
Morocco World
6 days ago
- Business
- Morocco World
Royal Air Maroc Sets Sights on 200-Strong Fleet by 2037
Rabat – Royal Air Maroc (RAM) is charting an ambitious course for growth, adding new aircraft and preparing for a major transformation of its global reach. The national carrier recently welcomed three Boeing 787 Dreamliners over just two days, on top of two new planes delivered earlier this year. This brings the total number of new aircraft for 2025 to five. Transport and Logistics Minister Abdessamad Kayouh shared the update during a parliamentary session on Tuesday, June 3. He said RAM plans to acquire ten more aircraft before the end of the year and another ten in 2026. Each new Dreamliner holds 302 passengers – a capacity that signals the airline's steady push to meet growing demand. But the airline's ambitions stretch far beyond short-term additions. A major call for tenders will soon be launched to purchase 188 additional aircraft. The move forms part of a long-term agreement between the Moroccan state and RAM, covering 2023 to 2037. By the end of this roadmap, the airline aims to expand its fleet from 50 to 200 planes. At the heart of this strategy lies a sharp increase in passenger numbers. RAM intends to move from transporting six million passengers annually to 31 million by 2037. The company also projects its revenue to rise from MAD 15.5 billion ($1.6 billion) to MAD 100 billion ($10.4 billion) within the same timeframe. To support this shift, the airline will broaden its international footprint. From 99 destinations in 2023, RAM looks to reach 130 cities in the coming years. The plan reflects a clear ambition to establish RAM as a serious player among global carriers. Kayouh also recalled a recent partnership with the Royal Moroccan Football Federation (FRMF). Under this agreement, RAM will serve as the official airline for the 2030 FIFA World Cup. Direct flights will connect continents, positioning Morocco as a gateway between Africa, Europe, and the Americas. Meanwhile, the government also wants to strengthen air travel inside the country. More domestic routes are set to open, in order to boost local tourism and make Morocco's regions more accessible to both residents and visitors. Tags: economyMorocco fleetplanesRAMRoyal Air Maroc
Arabian Post
15-05-2025
- Business
- Arabian Post
Trump's Gulf Tour Spurs Record Boeing Deal and AI Pact with UAE
Qatar Airways has finalised a monumental agreement to acquire up to 210 Boeing aircraft, marking the largest wide-body order in the company's history. The deal, valued at $96 billion, was announced during U.S. President Donald Trump's visit to Doha, underscoring a significant enhancement in U.S.-Qatar economic relations. The order encompasses 130 Boeing 787 Dreamliners, 30 777X jets, and options for an additional 50 wide-body aircraft. This transaction not only signifies a substantial boost for Boeing but also includes the procurement of 400 GE Aerospace engines, representing the largest such order for the company. The agreement is projected to support approximately 154,000 U.S. jobs annually, contributing to over a million jobs throughout the production and delivery phases. President Trump's Gulf tour has been marked by a series of significant economic and diplomatic engagements. In addition to the Boeing deal, the United States and Qatar announced over $243 billion in economic agreements, with an anticipated $1.2 trillion in economic exchange over time. These agreements span various sectors, including defense, energy, and technology. Notably, the defense agreements involve a $1 billion contract with Raytheon for counter-drone systems and nearly $2 billion for General Atomics' drones, with future security deals potentially totaling $38 billion. In the United Arab Emirates, the U.S. has reached a preliminary agreement to allow the import of 500,000 of Nvidia's most advanced AI chips annually, commencing this year. This deal is poised to bolster the UAE's ambitions to become a global leader in artificial intelligence, facilitating the construction of data centers vital for developing AI models. See also Dubai's Property Surge Faces Risks from Rising Tariffs The trip also included a significant diplomatic development, with President Trump announcing the removal of longstanding sanctions on Syria. Subsequently, he met with Syrian interim President Ahmed al-Sharaa, marking the first such meeting since the early 2000s. This move has been interpreted as an effort to reintegrate Syria into the international community and encourage its participation in regional peace initiatives. However, the visit was not without controversy. President Trump's consideration of accepting a Boeing 747-8 from the Qatari government as a temporary replacement for Air Force One has sparked ethical and legal debates. The U.S. Constitution prohibits officials from accepting gifts from foreign governments without congressional approval. Critics argue that the adaptation of the aircraft for presidential use would be costly and time-consuming, raising questions about the decision's viability and transparency. Despite these concerns, the agreements forged during President Trump's Gulf tour signify a strengthening of economic and strategic ties between the United States and key Middle Eastern partners. The Boeing deal, in particular, represents a significant milestone for the aerospace industry, providing a substantial boost to Boeing amid its ongoing recovery from previous challenges. Additionally, the AI chip agreement with the UAE positions the country to advance its technological infrastructure and capabilities.
Yahoo
14-05-2025
- Business
- Yahoo
WH announces $1.2T in economic commitment with Qatar, including significant Boeing order
The White House on Wednesday announced that it has secured economic commitments worth at least $1.2 trillion from Qatar, including a historic deal for Boeing jetliners. President Donald Trump was in Qatar on the second stop of his Middle East trip and the White House said he "signed an agreement with Qatar to generate an economic exchange worth at least $1.2 trillion." That figure includes "economic deals totaling more than $243.5 billion between the U.S. and Qatar." The White House said that Boeing and GE Aerospace landed a deal with Qatar Airways worth $96 billion to acquire up to 210 Boeing 787 Dreamliners and 777X aircraft, which are powered by GE Aerospace engines. That marks the largest-ever order for Boeing's widebody aircraft, as well as the largest-ever 787 order. The White House said the deal "will support 154,000 U.S. jobs annually," which would total more than 1 million jobs over the production and delivery cycle for the deal. Trump Says Us Moving Past 'Days Of Economic Misery' On Middle East Trip Several other private sector deals involving Qatar were referenced in the White House's announcement. Read On The Fox Business App It noted that McDermott has active energy infrastructure deals worth $8.5 billion in Qatar, while Parsons won 30 projects worth up to $97 billion for its engineering services. Additionally, Quantinuum entered into a joint venture with Al Rabban Capital to invest up to $1 billion in quantum technologies and workforce development in the U.S. The defense partnership between the U.S. and Qatar also stands to benefit from the dealmaking push, with the White House saying the signings "mark President Trump's intent to accelerate Qatar's defense investment in the U.S.-Qatar security partnership — enhancing regional deterrence and benefitting the U.S. industrial base." Trump's Middle East Trip Aims To Seal Investments In Us Raytheon, an RTX business unit, landed a $1 billion deal to provide Qatar with counter-drone capabilities, making the Gulf state the first overseas customer for Raytheon's system. General Atomics reached a $2 billion agreement for Qatar to acquire MQ-9B "Reaper" drones. The defense deals also included a statement of intent to potentially invest more than $38 billion to support burden-sharing at Al Udeid Air Base, a major base for the U.S. military in the region, along with other defense capabilities for air defense and maritime security. Trump Defends Qatar Jumbo Jet Offer As Troubled Boeing Fails To Deliver New Air Force One Fleet The announcement of economic commitments with Qatar follows an announcement that Saudi Arabia would invest $600 billion in the U.S. It comes after Qatar's royal family offered the U.S. a Boeing 747-8 jumbo jet valued at $400 million to serve as a temporary Air Force One amid delays with Boeing's next-generation presidential aircraft, which is not expected to be delivered until 2029 at the earliest. Though the move has drawn criticism over a potential quid pro quo, the White House has dismissed those concerns, noting that a legal review is underway to ensure the pending deal is compliant with the law. Critics have also raised concerns about potential security concerns stemming from using a jet as Air Force One that was previously under the ownership of a foreign article source: WH announces $1.2T in economic commitment with Qatar, including significant Boeing order Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
13-05-2025
- Business
- Axios
Boeing's flying high with trade deals
Boeing got a double dose of good news Tuesday as the global trade landscape shifted sharply in the company's favor. The big picture: A critical manufacturer for U.S. exports, Boeing has been dealing with a series of challenges in recent years, including a quality crisis, legal problems, labor issues and, most recently, trade walls. Driving the news: China ended a ban on its airlines acquiring Boeing jets after striking a trade deal with the Trump administration, Bloomberg reported Tuesday. The country had effectively halted imports of American jets and aircraft parts in retaliation for Trump's tariffs. Separately, the Saudi Public Investment Fund's AviLease has ordered up to 30 new single-aisle Boeing 737-8 jets, Boeing announced. Zoom out: The AviLease deal was the first Boeing purchase by the three-year old global aircraft lessor, which owns and manages a fleet of 200 aircraft supplied to 48 airlines. It was timed to coincide with President Donald Trump's visit to Saudi Arabia, where he touted the country's plans to invest in the U.S., including the Boeing purchase. Meanwhile, just a week ago Trump's trade deal with U.K. was coupled with word that British Airways parent IAG was preparing a $13 billion order for 32 Boeing 787 Dreamliners.
Yahoo
13-05-2025
- Business
- Yahoo
United to show off new 787 interiors as it seeks to reassure Newark customers
By David Shepardson NEW YORK (Reuters) -United Airlines on Tuesday is unveiling upgraded interiors on new Boeing 787 Dreamliners as it seeks to reassure customers after a series of issues and hundreds of flight disruptions in recent weeks at its nearby hub of Newark Liberty International Airport. The Chicago-based airline is showing off the new larger business-class suites in New York on Tuesday, which include privacy doors and an extra ottoman for companions. Other upgraded amenities include caviar service and luxury skin-care items. United expects delivery of the first United Boeing 787-9 with the new interior before the end of 2025. The first international passenger flights are planned in 2026 from San Francisco to Singapore, as well as flights from its California hub to London. United expects at least 30 aircraft to join the fleet by 2027. Still, United has been trying to reassure its customers after three telecommunications incidents involving Newark air traffic have shaken public confidence. New Jersey's Newark Liberty International Airport is located about 9 miles (14.5 km) from Manhattan. United has sharply cut flights and wants the Federal Aviation Administration to impose new limitations on Newark flights to address ongoing delays. The FAA plans to hold a two-day meeting starting on Wednesday on temporary flight reductions. United on Monday sent emails to 3.7 million New York-area customers and passengers with upcoming Newark flights, seeking to ease their concerns about safety. "The truth is that all these flights in and out of (Newark) are absolutely safe," United CEO Scott Kirby said in the email. Low air traffic control staffing for Newark resulted in average delays of more than two hours on Monday, with 25% of all flights delayed and 87 canceled, according to data provider FlightAware. Some flights were delayed by more than six hours.
