The Boeing deal with Qatar Airways marks the largest-ever order for Boeing jetliners
WH announces $1.2T in economic commitment with Qatar, including significant...
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Show Notes
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.
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