Boeing and GE Aerospace have reached a $96 billion agreement on Wednesday to supply Qatar Airways with up to 210 aircraft, including the 787 Dreamliner and 777X.
The deal, announced during President Donald Trump’s state visit with the Emir of Qatar, marks Boeing’s largest-ever order for widebody aircraft and the 787 model, according to the White House.
Further details of the agreement remain unclear, and Boeing has not yet responded to requests for comment.
Boeing CEO Kelly Ortberg joined President Donald Trump at the Amiri Diwan in Doha earlier on Wednesday for the official signing ceremony of the aircraft deal.
“It’s the largest order of jets in the history of Boeing,” Trump said after Ortberg signed the agreement.
According to a White House fact sheet, the agreement is expected to support 154,000 U.S. jobs annually and over 1 million domestic jobs throughout the production and delivery period.
The deal could provide a significant boost for Boeing, which has not reported a profit since 2018.
The planemaker has faced a series of setbacks, including serious safety issues, manufacturing flaws, cost overruns, and a nearly two-month machinist strike last year.
Its operations have also been hit by Trump’s trade war, with China halting deliveries of Boeing aircraft to its airlines in retaliation for U.S. tariffs, Ortberg said last month.
However, the company has recently reduced its losses as it works through a backlog valued at over $500 billion, Ortberg said during Boeing’s first-quarter earnings call.