financetom
Business
financetom
/
Business
/
Qatar Airways set to order about 100 widebody jets from Boeing, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Qatar Airways set to order about 100 widebody jets from Boeing, Bloomberg News reports
May 26, 2025 1:55 AM

(Reuters) - Qatar Airways is finalizing a deal to buy around 100 widebody jets from Boeing ( BA ), with an option to buy as many more, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The deal is expected to be announced during U.S. President Donald Trump's Middle East trip, which begins next week and includes stops in Saudi Arabia, Qatar and the United Arab Emirates.

The trip is expected to see some major investments in the aerospace and defense sectors.

Qatar Airways and Boeing ( BA ) did not immediately respond to Reuters' request for comments.

Last month, Reuters exclusively reported that Trump was poised to offer Saudi Arabia an arms package worth well over $100 billion.

According to the Bloomberg News report, several top Middle East airlines are racing to secure major agreements ahead of Trump's upcoming visit.

Qatar Airways is putting the "final touches" to its order for Boeing ( BA ) widebody jets, the report added.

It has cashed in on a booming travel environment, connecting major international destinations through its hub in Doha.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Savio D'Souza and Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Asia Broadband Signs Letter Of Intent To Sell The Bonanza Property Concession
BRIEF-Asia Broadband Signs Letter Of Intent To Sell The Bonanza Property Concession
May 25, 2025
April 30 (Reuters) - Asia Broadband Inc ( AABB ): * ASIA BROADBAND SIGNS LETTER OF INTENT TO SELL THE BONANZA PROPERTY CONCESSION IN NAYARIT, MEXICO Source text: Further company coverage: ...
BRIEF-Jeffs' Brands Enters Into A Definitive Agreement To Sell Key U.S. Assets To A Canadian Public Company
BRIEF-Jeffs' Brands Enters Into A Definitive Agreement To Sell Key U.S. Assets To A Canadian Public Company
May 25, 2025
April 30 (Reuters) - Jeffs Brands Ltd ( JFBR ): * JEFFS' BRANDS ENTERS INTO A DEFINITIVE AGREEMENT TO SELL KEY U.S. ASSETS TO A CANADIAN PUBLIC COMPANY FOR AN APPROXIMATE VALUATION OF $11.8 MILLION * JEFFS BRANDS LTD ( JFBR ) - TO SELL SMART REPAIR PRO AND 49.1% SCI SPARC STAKE * JEFFS BRANDS LTD ( JFBR )...
BRIEF-Mubadala Capital Is Arranging A $10 Billion Investment In TWG Global That Includes Other Investors - NYT Dealbook
BRIEF-Mubadala Capital Is Arranging A $10 Billion Investment In TWG Global That Includes Other Investors - NYT Dealbook
May 25, 2025
April 30 (Reuters) - * MUBADALA CAPITAL IS ARRANGING A $10 BILLION INVESTMENT IN TWG GLOBAL THAT INCLUDES OTHER INVESTORS - NYT DEALBOOK * TWG GLOBAL IS COMMITTING TO PUT $2.5 BILLION INTO MUBADALA CAPITAL'S INVESTMENTS- NYT DEALBOOK * TWG GLOBAL ALSO BUYING A STAKE IN MUBADALA, WITH AN EYE TO INCREASE THAT BACKING TO UP TO $20 BILLION IN...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved