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Boeing was the real winner of Donald Trump's trip to the Middle East
Business Insider· 2025-05-17 09:42
Group 1 - Boeing secured a significant order from Qatar Airways for at least 160 jets, valued at $96 billion, marking its largest-ever order for wide-body aircraft [1][2] - The order includes 30 Boeing 777X planes, which have yet to be certified and are running years behind schedule, indicating Qatar's strong confidence in Boeing's future [3][4] - Boeing's recent delivery of 45 commercial planes in the last month represents a substantial increase, nearly double the number delivered in the same period last year [5] Group 2 - The defense deal with Saudi Arabia, valued at approximately $142 billion, is noted as the largest defense-sales agreement in history, further enhancing Boeing's reputation [4] - Trump's support for Boeing during his trip to the Middle East reflects a notable shift from previous tensions regarding delays in the Air Force One project [2][11] - The recent agreement with Qatar Airways and the defense deal with Saudi Arabia signify that Boeing is recovering from its past challenges and restoring its standing in the industry [4][12]
Trump hails Qatar's 'nice gesture' of Air Force One replacement, blaming Boeing delays
CNBC· 2025-05-12 16:07
Group 1 - The U.S. Air Force One is currently a modified version of a 40-year-old Boeing 747, leading to disappointment over delays in the production of a new aircraft by Boeing [2] - Qatar has offered a 747 jet to the U.S. as a temporary Air Force One due to the delays at Boeing, although no formal acceptance of this offer will occur during Trump's visit [1][2] - Trump expressed respect for Qatar's leadership while also highlighting the advanced aircraft capabilities of some Arab countries compared to the aging U.S. presidential aircraft [2][3] Group 2 - The U.S. Department of Defense is considering the temporary transfer of an aircraft from Qatar, although no "gift" will be accepted during the visit [2] - Trump's upcoming visits to Saudi Arabia and the United Arab Emirates indicate a broader diplomatic engagement in the region [3]
L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
CNBC· 2025-05-01 15:30
In this articleLHXBAFirst Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025.Patrick T. Fallon | AFP | Getty ImagesThe U.S. is working with L3Harris Technologies to modify a used Qatari government jumbo jet in what could become a new presidential plane, according to a person familiar with the ...