Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports

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Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports
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Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports

The Middle East carrier is looking at ordering about 200 jets, looking at a mix of Airbus A350s and Boeing 777X models, with a decision possible as soon as the Farnborough Air Show in Britain late next month, the report said.

Airbus said it is constantly in talks with customers about fleet needs but did not did disclose any details, while Boeing deferred to Qatar Airways when asked for a comment.Bloomberg had reported in March that Qatar Airways was in early talks with Boeing and Airbus to order 100 to 150 widebody jets to expand and renew its fleet.

Major airlines are in a race to procure new fuel-efficient widebody jets to keep operating costs down and cater to booming international travel demand.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.

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