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.

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.

President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways,

A White House fact sheet said Trump had secured $200 billion in new U.S.-UAE deals and accelerated the previously committed $1.4 trillion.