Boeing Lands $14.5B Jet Deal With Etihad as Trump Visits UAE

Nauman khan

Fri, May 16, 2025, 6:13 AM 1 min read

Etihad Airways volition acquisition 28 wide-body jets from Boeing (NYSE:BA) powered by GE Aerospace (NYSE:GE) engines, nether a $14.5 cardinal statement unveiled Thursday during U.S. President Donald Trump's sojourn to the United Arab Emirates.

The bid includes Boeing 787 and next-generation 777X aircraft. The White House said the woody volition fortify U.S. manufacturing and exports, expanding the commercialized aviation narration betwixt the 2 countries.

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The craft acquisition is portion of a broader $200 cardinal slate of U.S.-UAE deals revealed during the trip. In Oklahoma, Emirates Global Aluminum said it would put $4 cardinal to physique a caller aluminum smelter, 1 of the archetypal successful the U.S. successful implicit 4 decades, to boost home output and unafraid captious mineral proviso chains.

Separately, ExxonMobil (NYSE:XOM), Occidental (NYSE:OXY), and EOG Resources (NYSE:EOG) are teaming up with the Abu Dhabi National Oil Company to make lipid and state assets valued astatine $60 billion. RTX (NYSE:RTX) volition besides spouse with Emirates Global Aluminum and Tawazun Council connected a gallium task aimed astatine reinforcing U.S. captious mineral access.

This nonfiction archetypal appeared connected GuruFocus.