Trump announces a $ 14.5 billion commitment between Etihad, Boeing and GE

by Andrea
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United States President Donald Trump announced on Thursday with more than $ 200 billion between the US and the United Arab Emirates, including a $ 14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways, the White House said.

The White House said Boeing and GE received an commitment from the $ 14.5 billion investment Etihad for the purchase of 28 Boeing 787 and 777x aircraft manufactured in the US and equipped with GE engines. Etihad did not immediately respond to a comment. GE and Boeing did not comment.

“With the inclusion of the state-of-the-art 777x in its fleet plan, the investment deepens a longtime partnership in Commercial Aviation between the United Arab Emirates and the US, boosting US manufacturing and fostering exports,” the White House said.

Trump announces a $ 14.5 billion commitment between Etihad, Boeing and GE

Etihad has a fleet of about 100 aircraft.

Etihad’s chief executive, Antonoaldo Neves, said last month that the company planned to add 20 to 22 new aircraft this year, as it intends to expand its fleet to more than 170 aircraft by 2030 and boost Abu Dhabi’s economic diversification strategy.

Etihad, which belongs to the Sovereign Fund ADQ de Abu Dhabi, with a patrimony of $ 225 billion, underwent a restructuring of several years and a change in administration, but expanded under the command of Neves.

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He said 10 of this year’s new aircraft will be Airbus A321lrs, which the company launched on Monday and will start operating in August. The rest includes six A350s Airbus and Four Boeing 787s.

On Wednesday, Boeing closed its biggest fuselage aircraft business when Qatar Airways made firm orders during Trump’s visit to Gulf Arabic, 160 jets and purchase options for another of $ 96 billion, according to the White House.

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