Boeing strikes ‘largest-ever’ 787 jet deal with Qatar Airways, White House says
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Quick Summary:
- Qatar Airways agreed to buy as many as 210 widebody aircraft, including the 787 Dreamliner and the larger 777X model. The deal had a value of US$96 billion (S$125 billion), although customers typically negotiate steep discounts, especially on such large orders. The announcement in the marble-clad halls of the Qatari Royal Court gave each of the parties in attendance a big win. Mr Trump is on a mission to the Persian Gulf to pull in trillions of dollars of commercial accords to showcase his dealmaking chops. The historic order lauded by Mr Trump – in the wake of a trade thaw with China – has fuelled investor confidence in Boeing’s stock and bonds, more than recovering the losses the plane-maker suffered in the last year. The pact includes more than 400 engines, its largest-ever deal for wide-body turbines. The aircraft ordered by Qatar Airways will be built into the next decade, according to Boeing and the airline. The agreement was signed at a ceremony witnessed by the Emir of Qatar and the White House, as well as Mr Trump and Mr Ortberg, the company’s chief executive officer. The two men’s relationship has not always been easy, with Mr Trump openly faulted
- Boeing lands its biggest-ever aircraft order, propelled by a powerful endorsement from US President Donald Trump. Chief executive officer Kelly Ortberg signed an accord for as many as 210 widebody aircraft from Qatar Airways. The White House said the deal had a value of US$96 billion, although customers typically negotiate steep discounts, especially on such large orders. Trump is on a mission to the Persian Gulf to pull in trillions of US dollars of commercial accords to showcase his dealmaking chops. The historic order lauded by Trump – in the wake of a trade thaw with China – has fuelled investor confidence in Boeing’s stock and bonds, more than recovering the losses the planemaker suffered in the aftermath of the “Liberation Day’ trade broadside’ It’s also a reminder of the manufacturer’s exposure, both good and bad, to the mercurial president and his whipsawing policies on trade. The deal includes more than 400 engines, its largest-ever deal for widebody turbines, GE Aerospace separately said. The agreement was signed at a ceremony witnessed by Trump and the Emir of Qatar on Wednesday (May 14) The deal was signed in the marble-clad halls of the Qatari Royal Court
Country-by-Country Breakdown:
Boeing marks comeback from crisis with record Qatar Airways deal
Qatar Airways agreed to buy as many as 210 widebody aircraft, including the 787 Dreamliner and the larger 777X model. The deal had a value of US$96 billion (S$125 billion), although customers typically negotiate steep discounts, especially on such large orders. The announcement in the marble-clad halls of the Qatari Royal Court gave each of the parties in attendance a big win. Mr Trump is on a mission to the Persian Gulf to pull in trillions of dollars of commercial accords to showcase his dealmaking chops. The historic order lauded by Mr Trump – in the wake of a trade thaw with China – has fuelled investor confidence in Boeing’s stock and bonds, more than recovering the losses the plane-maker suffered in the last year. The pact includes more than 400 engines, its largest-ever deal for wide-body turbines. The aircraft ordered by Qatar Airways will be built into the next decade, according to Boeing and the airline. The agreement was signed at a ceremony witnessed by the Emir of Qatar and the White House, as well as Mr Trump and Mr Ortberg, the company’s chief executive officer. The two men’s relationship has not always been easy, with Mr Trump openly faulted Read full article
Boeing marks comeback from crisis with record Qatar Airways deal
Boeing lands its biggest-ever aircraft order, propelled by a powerful endorsement from US President Donald Trump. Chief executive officer Kelly Ortberg signed an accord for as many as 210 widebody aircraft from Qatar Airways. The White House said the deal had a value of US$96 billion, although customers typically negotiate steep discounts, especially on such large orders. Trump is on a mission to the Persian Gulf to pull in trillions of US dollars of commercial accords to showcase his dealmaking chops. The historic order lauded by Trump – in the wake of a trade thaw with China – has fuelled investor confidence in Boeing’s stock and bonds, more than recovering the losses the planemaker suffered in the aftermath of the “Liberation Day’ trade broadside’ It’s also a reminder of the manufacturer’s exposure, both good and bad, to the mercurial president and his whipsawing policies on trade. The deal includes more than 400 engines, its largest-ever deal for widebody turbines, GE Aerospace separately said. The agreement was signed at a ceremony witnessed by Trump and the Emir of Qatar on Wednesday (May 14) The deal was signed in the marble-clad halls of the Qatari Royal Court Read full article
US Stock Market Highlights: S&P 500 ticks higher for a third day as traders extend tariff relief rally
The S&P 500 edged up 0.10% to close at 5,892.58 on Wednesday (May 14), extending its weekly gains and pushing the benchmark index into positive territory for the year. The Nasdaq Composite outperformed, rising 0.72% to 19,146.81, while the Dow Jones Industrial Average slipped 89.37 points, or 0.21%, to finish at 42,051.06. Technology stocks led the gains. Nvidia jumped over 3% after reports that it will supply Saudi Arabia with 18,000 of its high-end AI chips. AMD climbed more than 4% following the announcement of a $6 billion share buyback. Read full article
Trump: Boeing wins Qatar Airways order of up to 210 jets
Trump touts ‘record’ Boeing-Qatar Airways deal as part of Middle East tour. Deal includes 130 Dreamliners, 30 777-9s and the option for 50 other planes. It is part of more than $240bn in “economic deals” between the US and Qatar. Boeing had previously announced it had won a commitment from Saudia Arabia’s Avilease, which leases planes to airlines, to buy 20 737 MAX planes, with options for 10 more. It also said earlier this month that it had placed an order for 32 787-10 aircraft worth $13bn, a deal Trump previewed aspart of his US-UK trade announcement. Those are set to start being delivered in 2028, with the majority of them to be delivered in 2022. The deal is the second deal involving Boeing to be announced asPart of Trump’s trip, marking a win for the company as it tries to rebuild its business after a series of manufacturing and safety issues. But shares in the company, which was also hurt by a seven-week strike by some of its workers, have climbed roughly 20% since January. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
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Sources:
- Boeing marks comeback from crisis with record Qatar Airways deal
- Boeing marks comeback from crisis with record Qatar Airways deal
- US Stock Market Highlights: S&P 500 ticks higher for a third day as traders extend tariff relief rally
- Trump: Boeing wins Qatar Airways order of up to 210 jets
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