The White House May 14 first announced the deal between Cincinnati-based GE Aerospace (NYSE: GE), the world’s largest aircraft engine manufacturer, and Qatar Airways, the seventh-largest airline in the world as of 2024 and among the fastest growing, according to Airways Magazine.

The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.

Boeing and GE Aerospace secured a $96 billion agreement to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engin

Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.