May 15 (Reuters) - President Donald Trump on Thursday
announced deals totaling over $200 billion between the United
States and the United Arab Emirates, including a $14.5 billion
commitment between Boeing ( BA ), GE Aerospace and Etihad
Airways, the White House said.
The White House said Boeing ( BA ) and GE had received a commitment
from Etihad Airways to invest $14.5 billion to buy 28
American-made Boeing 787 and 777X aircraft powered by GE
engines. Etihad did not immediately respond to a request for
comment. GE and Boeing ( BA ) did not comment.
"With the inclusion of the next-generation 777X in its
fleet plan, the investment deepens the longstanding commercial
aviation partnership between the UAE and the United States,
fueling American manufacturing, driving exports," the White
House said.
Etihad has a fleet of around 100 aircraft.
Etihad CEO Antonoaldo Neves said last month that
Etihad planned to add 20 to 22 new planes this year,
as it aims to expand its fleet to more than 170 planes by
2030 and boost Abu Dhabi's economic diversification strategy.
Etihad, which is owned by Abu Dhabi's $225 billion
wealth fund ADQ, has been through a multi-year restructuring and
management shake-up, but has expanded under Neves.
He said that 10 of the new aircraft this year would be
Airbus A321LRs, which the carrier launched on Monday and will
start operating in August. The remainder include six Airbus
A350s and four Boeing ( BA ) 787s.
On Wednesday, Boeing ( BA )
landed its biggest deal for widebody
airplanes when state carrier Qatar Airways placed firm
orders during Trump's visit to the Gulf Arab country for 160
jetliners plus options to buy 50 more worth $96 billion,
according to the White House.