Qatari airline agrees deal for delivery of 160 Boeing aircraft
CoverageDonald Trump and Qatar Emir Tamim bin Hamad Al Thani witnessed a major deal worth over $200 billion between the U.S. and Boeing. Post the ceremony, the President applauded Boeing and emphasized on speedy delivery of these aircraft. The deal, claimed to be the largest order in Boeing's history, propelled the company's share price by 1.6%.
The details of the aircraft models involved in the deal are yet unknown, along with the need for a deposit and contractual obligations to be met before delivery.
Initially, there were whispers of Qatar planning to gift a $400 million Boeing 747-8 to Trump, potentially becoming one of the most expensive foreign presents bestowed upon a U.S. President. However, the final decision maker, Qatar's Ministry of Defense, and the Pentagon have not yet reached a conclusion on the matter [1][2][3][4].
Nevertheless, earlier reports implied the 747-8 might serve as a potential Air Force One for Trump, only to be handed over to the Trump Presidential Library Foundation after his term. But Al-Ansari, Qatar's Media Attaché to the U.S., has dismissed these reports as inaccurate, suggesting the matter remains under further review by the legal departments [1][2][3][4].
It's essential to highlight that the alleged gift of the Boeing 747-8 has not been officially confirmed nor used by President Trump as Air Force One, given the ongoing discussions and scrutiny surrounding the decision.
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Tags:* #Boeing* #Aircraft* #Qatar* #USA
The financial impact of the Boeing deal, worth over $200 billion, has also affected technology stocks, causing a ripple effect in the general-news sector as investors closely watch for potential advancements in aviation technology. The uncertainty surrounding the potential gift of a Boeing 747-8 to Trump, while currently under review by legal departments, continues to generate discussion and speculation in both the finance and general-news fields.
