Qatar Airways today sent a strong message to the Boeing Co. – and to Airbus, its European rival – by putting in an order for 40 wide-body Boeing jets and leaving the door open for up to 60 more 737 MAX jets.
The orders for 30 of Boeing’s 787-9 Dreamliners and 10 of the 777-300ERs would be valued at $11.7 billion at list price, Boeing said. The 60 single-aisle 737 MAX jets, covered by a letter of intent, would go for $6.9 billion at list price.
That adds up to $18.6 billion retail, but The Seattle Times’ Dominic Gates cites an estimate from Avitas, an aircraft valuation firm, that sets the value at $8.8 billion after standard industry discounts.
The order provides a huge boost for Boeing’s 777 and 787 programs, and for the company’s operations in Everett, Wash., where the planes are assembled. Qatar Airways currently flies 54 of the 777s and 30 of the 787s, with six 777F freighters and 60 of the next-generation 777X passenger jets on order.