Mon, Apr 11, 2011
Qatar Commitment To The Aircraft "Significant"
Qatar Airways announced orders for three 777 Freighters and two
777-300ERs on Thursday. The orders are valued at $1.4 billion at
list prices. The 777 Freighter order was previously accounted for
on Boeing's Orders and Deliveries website as unidentified in 2010.
The 777-300ER order was previously accounted for on the Orders and
Deliveries website in 2011.
The announcement was made on the sidelines of the Business &
Investment in Qatar Forum in New York in the presence of H.E.
Sheikh Hamad bin Jassim bin Jabor Al Thani, Qatar's Prime Minister
and Minister of Foreign Affairs, US Secretary of Transportation Ray
Lahood and the US Ambassador to Qatar, Ambassador Joseph LeBaron.
The agreement was signed by Akbar Al Baker, Qatar Airways' CEO and
Tony Valentine, sales director, Boeing Commercial Airplanes. The
forum, of which Boeing is one of the sponsors, is held under the
patronage of H.E. Sheikh Hamad and aims to promote Qatar's emerging
role as a political, economic and cultural hub in the Middle
East.
"Qatar Airways has made a significant commitment to the 777, an
airplane which has become the flagship of our fleet," said Akbar Al
Baker. "The capacity of the Boeing 777 Freighter is unrivaled and
its economics make it an attractive addition to our fleet. It's an
opportune time to be introducing more cargo capacity to our fleet.
As the State of Qatar and other parts of the region are growing at
a phenomenal pace, we are well positioned to take advantage of this
growth."
"The confidence that Qatar Airways continues to place in the 777
is testimony to the outstanding success of this airplane and Qatar
Airways' business model. We look forward to a continued partnership
as Qatar Airways expands its position on the international stage,"
said Marlin Dailey, vice president of Sales & Marketing, Boeing
Commercial Airplanes. "Today's order is not just an agreement
between Boeing and Qatar Airways but underlines the strategic
relationship that the USA and Qatar have forged on the industrial
and economic front."
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