Free Trial

Boeing, trying to emerge from one of company's most difficult eras, is having a pretty good week

A Boeing 747 with the color scheme of planes used by the Qatari royal family is seen Friday, May 2, 2025 at San Antonio International Airport in San Antonio, Texas. President Donald Trump said this week that he wants to accept the $400 million plane, and that it would later be donated to a presidential library. (Brandon Lingle/The San Antonio Express-News via AP, File)

WASHINGTON (AP) — Boeing has secured a pair of major orders in the Middle East during a visit to the region by President Donald Trump.

The American aerospace manufacturer confirmed a $96 billion order from Qatar, one day after announcing an order from a company in Saudi Arabia for 20 737-8 jets and options for 10 additional aircraft.

The Qatar deal, which includes Boeing’s 787 and 777X jets, is the biggest order for 787s and wide body jets in Boeing's history, the company confirmed.

“That's pretty good,” Trump said in announcing the order. “Get those planes out there.”

It has been a particularly good week for Boeing. According to several media reports, China lifted a ban on its airlines taking deliveries of Boeing planes earlier this week as part of Monday’s trade truce with the U.S.

Boeing had already been in the news for its planes in the Middle East, but for different reasons.

Donald Trump said he would accept a luxury Boeing 747-8 jumbo jet as a gift from the ruling family of Qatar, setting off intense criticism from Democrats, ethicists, and even some unease among Republicans.

There are concerns from security and ethics experts that the plane could be less secure, costly to retrofit and a violation of the U.S. Constitution’s prohibition on foreign gifts. Trump offered no national security imperative for a swift upgrade rather than waiting for Boeing to finish new Air Force One jets that have been in the works for years.

Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people.

Early this year, a panel blew off a 737 Max shortly after takeoff from Portland, Oregon and last year, a strike by union machinists halted production at Boeing plants and hampered the company's delivery capability.

Shares of Boeing, which has been mired in legal and regulatory problems since the crashes six years ago, bounced to their highest level in more than a year Wednesday. It was the fifth straight day of gains for the Arlington, Virginia, company.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 AI ETFs for Steady Gains in 2025 (Without the Wild Volatility)
Goldman Sachs Warns of 20% Market Drop—Are They Right?
Top 3 Insider Stock Buys in April—Are They Still Good in May?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines