Qatar Airways signs deal for 160 Boeing jets
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IAG, the airline’s parent company, announced the order a day after Britain and the United States confirmed the framework for a trade agreement to lower tariffs.
British Airways owner International Consolidated Airlines said it ordered the planes to bolster its long-haul fleet after earnings rose.
Boeing has seen a reversal of fortune since President Trump took office, with the trade war and ensuing negotiations turning into a boon for the company.
British Airways is ordering 32 new long-haul aircraft from Boeing in a deal worth nearly $13 billion, the airline's parent company, International Airlines Group confirmed Friday.
British Airways owner IAG places nearly $21bn in aircraft orders from Boeing and Airbus after UK-US tariff breakthrough on aviation trade.
As of April 30, the planemaker has booked 249 gross orders and 212 net orders after cancellations and conversions. It had 6,282 unfilled orders, and its official backlog was 5,643 orders, after adjusting for accounting standards.
China has removed a monthlong ban on airlines taking delivery of Boeing planes, according to people familiar with the matter.
Boeing’ stock rallies toward a 14-month high as trade deal with China fuels hope of new orders and deliveries announcements.