DOHA, May 14 (Reuters) - State carrier Qatar Airways
signed a deal on Wednesday to purchase jets from U.S.
manufacturer Boeing ( BA ) during President Donald Trump's visit to the
Gulf Arab country.
Trump said the deal was worth $200 billion and included 160
jets. Trump and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani
witnessed the signing ceremony in Doha.
The deal was signed during Trump's second stop on a tour of
Gulf states after he struck a string of deals with Saudi Arabia
on Tuesday.
Trump said Boeing ( BA ) CEO Kelly Ortberg, who signed the deal
with Qatar Airways CEO Badr Mohammed Al-Meer next to Trump and
the Qatari emir, told him "it's the largest order of jets in the
history of Boeing ( BA ), that's good".
Trump added: "It's over $200 billion but 160 in terms of the
jets, that's fantastic. So that's a record, Kelly, and
congratulations to Boeing ( BA ). Get those planes out there, get them
out there."
It's not clear which Boeing ( BA ) aircraft models would be part of
the deal and whether the orders from Qatar are firm, which
require a deposit and several contractual obligations, or are
options.
Boeing ( BA ) no longer issues catalogue prices but based on the
most recent published value for its most expensive jet, the
777X, a deal for 160 of the long-range aircraft would be worth
some $70 billion. Aviation analysts say that airlines typically
get large discounts for bulk deals.
Boeing ( BA ) was not immediately available for comment. Qatar
Airways did not immediately respond to a request for
clarification or comment.
(Reporting by Andrew Mills; additional reporting by Allison
Lampert in Montreal and Tim Hepher in Paris; writing by Federico
Maccioni and Yousef Saba; editing by Mark Heinrich and Ros
Russell)