Qatar Airways signs LOI for 5 Boeing 777 freighters worth $1.7b

Qatar Airways signed a preliminary agreement Tuesday to buy 5 Boeing 777 Freighters worth $1.7b, the airline said. The letter of intent was signed at a ceremony attended by Qatar’s Minister of Finance Ali Sharif al-Emadi, who is also the airline’s chairman, Qatar Airways CE Akbar al-Baker, and Boeing Commercial Airplanes President Kevin McAllister, the airline said. The order will be posted on Boeing’s orders and deliveries website once the purchase is finalised, the statement said. The airline did not say when it expected to complete the deal. “This transaction will be a reinforcement of our confidence in Boeing to continue to deliver an outstanding product that meets our exacting standards,” Baker said. “We expect no less than perfection, and we are confident that Boeing will continue to deliver that.”<br/>