Boeing Bags ~$20B Worth Order From Qatar Airways For The New 777-8 Freighter Aircraft - Boeing (NYSE:BA)

Qatar Airways will be Boeing Co's BA launch customer for 777-8 Freighter, with a firm order for 34 jets and options for 16 more, worth more than $20 billion at current list prices.
The order would be the largest freighter commitment in Boeing history by value. The first delivery of the new freighter is anticipated in 2027.
Qatar Airways will convert 20 of its 60 777X family orders to the 777-8 Freighter as part of today's agreement. Qatar Airways is also ordering two current 777 Freighters to capitalize on the buoyant air cargo market.
Also Read: Boeing Clocks 3% Revenue Decline In Q4
The 777-8 Freighter will be the industry's largest, longest-range, and most capable twin-engine freighter. With a range of 4,410 nautical miles (8,167 km), the 777-8 Freighter has a maximum structural payload of 118 tonnes.
Boeing will build the 777-8 Freighter in its Everett, Washington factory. The company has invested more than $1 billion into the Everett site to support 777X production.
Boeing and Qatar Airways also signed a Memorandum of Understanding for a firm order of 25 737-10 aircraft and purchase rights for 25 additional airplanes. The total value of this 737-10 commitment is ~$7 billion at current list prices.
Price Action: BA shares traded higher by 4.52% at $199.24 on the last check Monday.