President Trump's Middle Eastern tour continues to Doha where he helps Boeing secure a mega-deal with Qatar Airways. He heads to the UAE later today.
Boeing Co (NYSE:BA, ETR:BCO) has secured a significant aircraft order from Qatar Airways as part of broader economic commitments between the US and Qatar totalling $1.2 trillion, the White House announced on Wednesday. Announced during US President Donald Trump's official visit to Qatar, the nation will purchase from Boeing up to 210 Dreamliner and 777X aircraft powered by GE Aerospace engines.
Qatar is ordering 787 jets from Boeing, according to The White House.
The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.
A $96 billion deal with Qatar Airways comes as Boeing struggles to deliver its Air Force One replacement and Trump seems poised to accept a Boeing jet from the Qatari royal family.
Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said. In this article GE
Qatar Airways signed a deal to buy 160 aircraft from Boeing during a visit to Doha by President Donald Trump. It is the largest order in the US planemaker's history.
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In a trade truce with the U.S., Beijing tells Chinese airlines that they can resume taking delivery of pre-existing jet orders.
Despite accruing a dire reputation in 2024 and facing roadblocks in 2025, Boeing (NYSE: BA) stock has been on an uptrend since the markets opened on January 2.
Boeing is a contrarian buy, undervalued due to short-term issues overshadowing recovery signs, with a target price of $245, implying 26% upside. Revenue surged 17.7% YoY in Q1 2025, driven by a 75% increase in Commercial Airplanes; Global Services remains a consistent profit engine. Market overly focuses on operational issues; Spirit AeroSystems acquisition will streamline production, reduce costs, and improve financial flexibility.