Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did 😎Read how

Qatar Airways, Boeing to hold news conference in Washington DC

Published 10/04/2016, 04:50 PM
Updated 10/04/2016, 05:00 PM
© Reuters.  Qatar Airways, Boeing to hold news conference in Washington DC

DOHA (Reuters) - Gulf carrier Qatar Airways and Boeing (N:BA) will hold a news conference on Friday, a spokeswoman for Qatar Airways told Reuters on Wednesday, as a big sale of Boeing widebody jetliners looked close to being clinched.

Qatar Airways is in the process of firming up the order, which was delayed by the Qatari government in an effort to speed up U.S. approval of its purchase of Boeing fighter jets, sources told Reuters.

If the deal is finalised, it would give the Chicago-based planemaker a substantial sales boost in a year when orders for widebody planes has slumped.

Last Wednesday, the United States began notifying lawmakers informally that it had approved the sales of 36 Boeing F-15 fighter jets to Qatar, valued at about $4 billion.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.