Qatar Airways set to order about 100 widebody jets from Boeing, Bloomberg News reports
1. Qatar Airways plans to purchase 100 widebody jets from Boeing. 2. The deal includes options for additional jet purchases.
FAQ
Why Very Bullish?
A large order increases BA's revenue and order backlog. Historically, significant jet orders boost stock prices.
How important is it?
Large aircraft orders from a major airline indicate strong demand, enhancing BA's market position.
Why Long Term?
Revenue from aircraft sales will positively impact BA's financials over several years.