Boeing seals deals with Qatar Airways, launches new cargo plane
Boeing launched a new freighter jet Monday (May 2) while announcing a pair of major agreements with Qatar Airways, in a boost to the still-struggling US aviation giant.
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The deal with the Middle Eastern carrier was unveiled at a White House ceremony attended by top US and Qatari officials, and includes the sale of 34 777X freighters, plus options for 16 more planes in the latest incarnation of Boeing's storied dual-aisle 777 line.
Boeing said the US$20 billion value of the Qatar Airways deal constitutes the largest freighter commitment in Boeing history.
The airline also reached an agreement worth nearly US$7 billion for a firm order of 25 737 MAX planes plus purchase rights for another 25 planes, Boeing said.
The agreements gives a lift to Boeing, which continues to struggle with quality control problems as commercial aviation experiences a mixed recovery from the depths of the coronavirus downturn.
The announcements show that Boeing "serves a global need that in a post-Covid world will be coming back, and coming back in a significant way," Boeing Chief Executive David Calhoun said at the signing.
For Qatar Airways, the deals with Boeing follow an unusual public fight with European plane maker Airbus.
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