FINANCIAL NEWS

Qatar Airways, Airbus ink USD6.5b deal

16 Nov 2011

(MENAFN) Qatar Airways’ CEO, Akbar Al Baker, said that the carrier signed a USD6.5 billion deal with Airbus for 50 A32neo (new engine option) aircrafts, reported Gulf News.

Al-Baker added that the deal would include extra 30 on option, in addition to 5 additional A380 super-jumbos and 3 options for a total of 88 narrow- and wide-bodied aircraft.

He also said that by the year 2016, Qatar Airways, which flies to 108 destinations, would have a fleet of 170 planes, compared with the current 103 aircrafts.

It is worth noting that Qatar Airways inked USD560 million agreement with Boeing for 2 Boeing 777-200 LR (long-range) freighters.

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