Qatar Signs Historic Agreement to Purchase 160 Boeing Aircraft
The multi-billion dollar deal was finalized during a visit by U.S. President Donald Trump, marking a significant expansion in Qatar's aviation sector.
On May 14, 2025, Qatar signed a landmark agreement with Boeing for the purchase of 160 aircraft, the largest such deal in the airline's history.
The transaction occurred during a visit by U.S. President Donald Trump to Qatar, part of a broader Gulf tour that included stops in Saudi Arabia and the United Arab Emirates.
According to the White House, the deal encompasses up to 210 Boeing aircraft, valued at $96 billion.
However, President Trump indicated during the signing ceremony that the agreement would exceed $200 billion when considering the full scope of the order, which includes confirmed purchases and options.
Qatar Airways has stated that the agreement comprises 160 confirmed wide-body aircraft orders, along with options for an additional 50 planes.
Furthermore, Qatar Airways entered into a separate agreement with General Electric Aviation for the purchase of 400 engines.
This includes 60 GE9X engines and 260 GEnx engines, among other models.
This acquisition marks the largest order for wide-body engines in General Electric Aviation's history.
The deal includes 130 Boeing 787 Dreamliners and 30 Boeing 777-9 aircraft, noted for being the largest twin-engine passenger aircraft in the world, as well as options for 50 additional 787s and 777Xs.
During President Trump's visit to Qatar, he was welcomed by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, underscoring the strategic partnership between the two nations, which focuses on regional security and economic cooperation.
In the wake of the announcement, Boeing's stock rose by 1.83% to $207.15, reflecting investor optimism regarding the deal.
In a related development, Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of the Qatar Central Bank and Chairman of the Qatar Investment Authority, held a meeting with Elon Musk, founder of SpaceX and CEO of xAI.
The discussion highlighted significant global financial developments and investment topics.
Qatar-U.S. relations have been expanding, particularly in sectors such as energy, aviation, infrastructure, and defense, alongside emerging fields such as green economy, digital transformation, and renewable energy.
Recent data from the Qatar National Planning Council shows that trade between the two countries reached approximately 20 billion Qatari riyals in 2024, with Qatari exports to the U.S. valued at around 5.2 billion riyals and imports amounting to 14.8 billion riyals, equivalent to approximately $5.5 billion.
The U.S. is among the leading foreign investors in Qatar, with over 800 American companies operating in the Qatari market, including more than 120 firms with 100% U.S. capital.
Meanwhile, Qatari investments in the United States have surpassed $10 billion over recent years, focusing primarily on critical sectors such as technology, energy, real estate, and financial services.
The transaction occurred during a visit by U.S. President Donald Trump to Qatar, part of a broader Gulf tour that included stops in Saudi Arabia and the United Arab Emirates.
According to the White House, the deal encompasses up to 210 Boeing aircraft, valued at $96 billion.
However, President Trump indicated during the signing ceremony that the agreement would exceed $200 billion when considering the full scope of the order, which includes confirmed purchases and options.
Qatar Airways has stated that the agreement comprises 160 confirmed wide-body aircraft orders, along with options for an additional 50 planes.
Furthermore, Qatar Airways entered into a separate agreement with General Electric Aviation for the purchase of 400 engines.
This includes 60 GE9X engines and 260 GEnx engines, among other models.
This acquisition marks the largest order for wide-body engines in General Electric Aviation's history.
The deal includes 130 Boeing 787 Dreamliners and 30 Boeing 777-9 aircraft, noted for being the largest twin-engine passenger aircraft in the world, as well as options for 50 additional 787s and 777Xs.
During President Trump's visit to Qatar, he was welcomed by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, underscoring the strategic partnership between the two nations, which focuses on regional security and economic cooperation.
In the wake of the announcement, Boeing's stock rose by 1.83% to $207.15, reflecting investor optimism regarding the deal.
In a related development, Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of the Qatar Central Bank and Chairman of the Qatar Investment Authority, held a meeting with Elon Musk, founder of SpaceX and CEO of xAI.
The discussion highlighted significant global financial developments and investment topics.
Qatar-U.S. relations have been expanding, particularly in sectors such as energy, aviation, infrastructure, and defense, alongside emerging fields such as green economy, digital transformation, and renewable energy.
Recent data from the Qatar National Planning Council shows that trade between the two countries reached approximately 20 billion Qatari riyals in 2024, with Qatari exports to the U.S. valued at around 5.2 billion riyals and imports amounting to 14.8 billion riyals, equivalent to approximately $5.5 billion.
The U.S. is among the leading foreign investors in Qatar, with over 800 American companies operating in the Qatari market, including more than 120 firms with 100% U.S. capital.
Meanwhile, Qatari investments in the United States have surpassed $10 billion over recent years, focusing primarily on critical sectors such as technology, energy, real estate, and financial services.
