QATAR PLACES MAJOR ORDER WITH BOEING


SUBMITTED BY: mikevault

DATE: Oct. 8, 2016, 9:14 a.m.

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  1. US aircraft maker Boeing has announced a major deal to supply Qatar Airways with wide-body jetliners.
  2. The deal includes 30 787-9 Dreamliners and 10 777-300ERs, valued at $11.7bn (£9.4bn) at list prices, along with the option to buy 60 737 MAX 8s, valued at $6.9bn at list prices.
  3. It is the largest single order ever placed by the Gulf carrier.
  4. The deal gives Boeing a boost in a year when orders for widebody planes have slumped.
  5. Qatar has been frustrated over prolonged delivery problems from Boeing's European rival aircraft maker, Airbus.
  6. Media reports last week suggested the deal was for at least 30 Boeing 777 and 787 jets, valued at about $6.7bn.
  7. Airplane makers typically give large discounts on the list price when carriers order in bulk.

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