White House says agreements signed by the US and Qatar would lead to an economic exchange worth at least $1.2 trillion.
State-owned airline Qatar Airways has signed an agreement to buy 210 aircraft from United States manufacturer Boeing, coinciding with President Donald Trump’s visit to Qatar as part of his tour of the Gulf region.
Trump and Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, witnessed the signing ceremony in Doha on Wednesday. The White House said that the deal for the Boeing 777X and 787 planes with GE Aerospace engines was worth $96bn.
Trump said Boeing CEO Kelly Ortberg, who signed the deal with Qatar Airways CEO Badr Mohammed Al Meer next to Trump and the emir, told him: “It’s the largest order of jets in the history of Boeing. That’s good.”
Trump had initially said that the deal was worth more than $200bn and was for 160 planes, before the White House issued updated numbers after his comments.
The White House also said that agreements signed by the US and Qatar would “generate an economic exchange worth at least $1.2 trillion”.
The sale is also a boost for Boeing and its biggest engine supplier at a time when large versions of rival Airbus’ A350, powered by Rolls-Royce engines, have struggled with maintenance problems from operating in the world’s hottest climates, including the Gulf region.
Boeing shares rose 0.9 percent in New York, while GE Aerospace stock edged up 0.1 percent.
For the 787s, Qatar opted for GE Aerospace’s GEnx engines rather than Rolls-Royce’s Trent 1000, according to the administration. GE Aerospace’s GE9X is the only engine option for the 777X.
It is the largest widebody engine deal for GE Aerospace, the company’s CEO Larry Culp said in a statement.
Faisal al-Mudahka, editor-in-chief of the Gulf Times, said the Qatar Airways purchase of Boeing aircraft is a “win-win”.
No mention of Gaza
As one of the world’s top airlines with a growing market, Qatar Airways has more demand than supply at the moment and will need the fleet, he said.
“I think Donald Trump and Qatar know how to package things to make political gains and economic gains.”
The Qatari emir said the two leaders had a “great” few hours of discussion covering a range of issues. “I think after signing these documents, we are going to another level of relations,” he said.
Trump thanked the emir and said it had been a “very interesting couple of hours” discussing topics including the Russia-Ukraine war, Iran and trade relations.
However, Israel’s war on Gaza was not mentioned by either leader.
Omar Rahman, a fellow at the Middle East Council on Global Affairs, said the fact that Gaza wasn’t mentioned led him to believe the discussion is “ongoing”.
“When it comes to Gaza, you have the Israelis there as well. On the issue of a ceasefire, Trump can put pressure on the Israelis, … but you still have the Israelis there making decisions. This is going to be a little bit more difficult to work out,” he told media.
US Middle East envoy Steve Witkoff, who was also in Doha, said “we’re making progress” in response to a question by media Diplomatic Editor James Bays on whether discussions on Gaza were ongoing.
“His tone was pretty telling. He was very positive,” Bays said. “When I asked him whether that was regarding aid deliveries or a ceasefire, he said, ‘We’re making progress on all fronts.’”
“He said he hopes there would be a positive announcement ‘soon’, but we have no indication of what that might mean,” Bays added.
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